Docupace, a Holmdel, NJ-based provider of software to streamline back-office operations of wealth management enterprises and financial advisors, acquired Hubly, a Vancouver, BC, Canada-based provider of a workflow management platform for financial advisory firms.
The amount of the deal was not disclosed.
The process of integrating Hubly into Docupace’s enterprise-level processes will begin immediately, with a focus on ensuring a transition for employees, clients and partners.
Led by CEO Ā Louis Retief, Hubly provides a workflow management platform for registered investment advisors (RIAs), as well as wealth management firms from a wide range of channels. Its workflows ensure work items are documented, routed and completed by the right team member at the right time to elevate client experiences. The back-office hub saves its customers hundreds of hours through workflow automation when:
- Onboarding and training new team members.
- Onboarding new clients;
- Scheduling, preparing for and following up on client review meetings;
- Opening new client accounts and processing money movement transactions;
- Tax preparation and planning;
Led by Chief Executive OfficerĀ David Knoch, Docupace is a solutions provider focused on digitizing and automating operations in the financial advice and investment industry. Financial services firms use the platform (a cloud-based, integrated software suite) to reduce back-office expenses, improve efficiency, strengthen recruiting, and enhance the experience of advisors and investors.
FinSMEs
14/03/2025