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The expectations on wealth management professionals to deliver deeper personalization, tighter oversight, and faster service keep coming – all while margins are under pressure and client expectations keep rising.
The question is no longer whether firms should invest in wealth tech, but which providers are genuinely moving the needle for advisors and their ability to serve clients.
Wealth Professional’s 5-Star Wealth Tech Providers 2026 report probes that question. It examines what the leading firms are doing for Canadian wealth managers and how their solutions differ from the rest of the field. The focus is squarely on how technology tackles real-world pain points along the advisory lifecycle, from onboarding and planning to monitoring, reporting, and compliance.
The 5-Star Wealth Tech Providers are the partners firms turn to when legacy systems slow growth, when data is scattered across platforms, or when manual processes can no longer keep pace with regulatory and client demands. What sets them apart is how they integrate data, workflows, and risk controls into solutions that work in practice.
What’s evident is a collection of standout features that the 5-Star Wealth Tech Providers share:
🤖 automating low-value work across the lifecycle
🧠 leveraging specialized, explainable AI
💻 delivering personalized, digital-first client experiences
🍁 being purpose-built and deeply aligned with Canadian regulatory and operating realities
📈 clearly expanding advisor capacity, reach, and economics
For David Bardsley, partner and national leader, wealth and asset management practice at KPMG Canada, the true test of value is broad.
In his view, the value of wealth technology is not captured by a single metric. It’s defined by the combination of outcomes a platform can deliver across the business.
“Wealth technologies are accretive across the front, middle, and back office, and when deployed within high-quality data environments, they enable improved analytics and stronger insights to support decision-making,” says Bardsley.
The most effective tools, Bardsley argues, blend several ingredients aligned with the firm’s wider strategy:
operational efficiency
support for growth
enhanced risk management
improved client/advisor experience
A system that makes trading faster but complicates supervision, or that looks impressive to clients but adds to staff workload, is unlikely to create lasting value.
On a day-to-day basis, automation is one of the clearest markers. When technology can remove low-value, repetitive tasks, firms can redeploy talent toward higher-impact priorities such as asset growth, complex planning, and proactive advisor support.
“For many wealth managers, this puts data modernization at the top of the agenda. Modern data warehouses are increasingly essential, particularly as capabilities like householding, client aggregation, and multi-asset reporting move from ‘nice to have’ to table stakes,” adds Bardsley. “Firms that invest in data standardization today will be far better positioned to meet evolving client needs tomorrow.”
Infinite Investment SystemsProduct: Harmony
The hardest part of using technology effectively is not finding more tools but taming the data and workflows they already have. Harmony tackles that problem head on. Positioned as Canada’s most comprehensive portfolio management system for discretionary wealth managers, Harmony aims to be the operational backbone that brings order, accuracy, and efficiency to complex businesses.
At its core is a complete Investment Book of Record that pulls multi-custodian data into a single, dependable source. Firms work from one fully reconciled view of accounts, positions, and transactions.
“The firms adopting our platform are typically those looking to scale. As their business grows, so does operational complexity, particularly in multi-custodian environments,” says Mike Zegers, VP of strategy and business development. “They’re looking for a system that can bring their data together into a single source of truth while offering the flexibility to support their existing operational processes, from performance measurement to fees and billing, rather than forcing them into entirely new ones.”
Automated reconciliation and structured data handling give portfolio managers, traders, compliance teams, and operations staff greater confidence that the numbers they see are accurate – a prerequisite for credible reporting, informed decisions, and robust oversight.
That data foundation underpins a broad set of workflows. Harmony centralizes portfolio modelling, trade execution support, oversight processes, and operational checks on the same platform. By uniting modelling, execution, review, and reporting, it reduces the need to move between disconnected systems and lowers the risk of errors creeping in at handoff points. The result is a more consistent process across accounts and strategies, and a clearer line of sight from investment decisions through to client reporting.
Reporting itself is a notable strength. Harmony produces clear, customizable reports designed around Canadian regulatory expectations, including full support for Total Cost Reporting. Firms can extend this with a digital client portal, giving investors a modern way to access their information while still drawing on the same trusted underlying data. For advisors, that combination of regulatory-ready output and accessible client-facing information helps meet rising expectations on transparency and communication.
The platform is also deliberately tailored to the realities of Canadian wealth management. Rather than adapting a global template, Harmony incorporates local business rules, operational patterns, and regulatory requirements. It offers the configurability needed to mirror each firm’s operating model, whether the priority is complex householding, multi-custodian oversight, or detailed supervisory workflows. Integration with CRM systems further helps keep client information aligned across applications, reducing duplicate data entry and supporting a smoother advisor experience.
Firms adopting Harmony have reported tangible operational gains. One client that contracted in 2024 and completed implementation this year noted that Harmony “significantly enhanced our operational efficiency across several critical functions,” citing streamlined portfolio accounting workflows, improved speed and accuracy of custodial reconciliations, and seamless client statement generation. The client also highlighted the vendor’s implementation approach, describing “an easy roadmap to reach our implementation goal,” which is often a differentiator in complex platform projects.
Harmony’s growth over the past year suggests that these capabilities are resonating. Its client base has expanded to nearly 100 firms nationwide, with product-related revenue rising alongside increased module adoption and strong retention. Much of that growth has come from firms seeking a more reliable data foundation, tighter Canadian regulatory alignment, and end-to-end operational workflows that can scale without adding headcount.
What ultimately sets Harmony apart is the combination of technology and domain expertise behind it. With more than two decades serving discretionary portfolio managers, and a team that includes professionals with client-side experience in operations, trading, and compliance, the platform reflects a detailed understanding of how Canadian firms actually run. Its ability to absorb, cleanse, and structure legacy data into a fully reconciled IBOR gives firms a practical way to unlock the power of their information.
CroesusProduct: Vidia
Client reporting has long been one of the most underused touchpoints in wealth management. Static statements are dense, hard to interpret, and offer little insight into whether investors are actually engaging with what they receive. Vidia is designed to change that equation by turning those same portfolio statements into personalized, AI-generated videos that are easier to understand, easier to remember, and easier to act on.
Built as a fully integrated component of the Croesus ecosystem, Vidia takes real-time portfolio data and pre-established client preferences and converts them into short, tailored video reports. For wealth professionals, that means a new way to communicate value at scale without adding yet another manual task. For investors, it means an explanation of their financial position in plain language, with visuals that make complex concepts more intuitive.
The platform is explicitly focused on the pain points advisors face around engagement, time, and compliance. Traditional statements often land with little feedback: firms don’t know if clients opened them, whether they understood them, or how much of the detail they retained. Vidia addresses this by delivering content in a format that investors are more likely to consume and remember. Internal and industry research point to materially higher engagement with video versus static reports, and significantly better information retention when concepts are presented visually.
Preparing for client meetings and follow-ups typically involves pulling data from multiple systems, drafting explanations, and trying to tailor messages to each client’s circumstances. Vidia automates much of that work. Advisors can instantly generate professional, personalized videos for every investor, built from more than 100 customized corporate report templates and governed by firm approved messaging. Croesus estimates that this can save up to 20 percent of an advisor’s meeting prep time while simultaneously broadening the reach and consistency of their communications.
The third pressure point is the demand for scalable personalization. Investors increasingly expect communications that reflect their specific holdings, goals, and preferences, not generic market recaps. Vidia’s hyper personalization engine draws on each investor’s real-time portfolio data to produce bespoke videos at scale – from a handful of clients to thousands at once. Advisors retain the ability to embed highly targeted cross offers and clickable calls to action within each video, turning a regulatory or service communication into a structured opportunity for new business.
“We’re seeing strong adoption from forward-thinking wealth managers that are actively modernizing their technology stack,” says Vincent Lévesque, vice-president, head of products. “These firms seek more than just operational efficiency; they want scalable, client-centric solutions that support growth, regulatory demands, and increasingly sophisticated investor expectations, while enabling more personalized and meaningful client communication.”
Under the hood, Vidia pairs these front-end capabilities with enterprise grade controls. Video templates are preapproved by compliance and marketing teams, so large institutions can be confident that every communication stays within firm standards. Unique, secure video IDs, SOC 2 certification, Canadian data residency, and a design that avoids storing personally identifiable information address the security and privacy expectations of major financial institutions. Distribution is equally flexible: firms can send video links via email, SMS, or through their existing client portals, in English or French, on any device.
Because Vidia sits inside the broader Croesus environment – which already supports over $2 trillion in assets for more than 14,000 investment professionals – it benefits from deep integration with portfolio management, rebalancing, and reporting tools. Engagement analytics feed back into dashboards, allowing firms to see who is watching, how they interact, and where to refine their communication strategies over time.
Although Vidia is a recent addition to the Canadian market, it reflects Croesus’s broader wealth-tech track record and its focus on AI-enabled, practical tools. By addressing low client engagement, time-consuming preparation, limited personalization, and compliance risk in one solution, Vidia gives wealth professionals a way to work more efficiently while meeting rising expectations for digital experiences.
Common trait: Almost every provider positions itself as a hub rather than a single-purpose widget.
AdvisorFlow, d1g1t, Equisoft, Harmony, Investipal, Maximizer, MyFO, OneVest, PEAK, and PortfolioAid all emphasize being a central operating system or unified environment.
They explicitly contrast themselves with “fragmented,” “disconnected,” “point solutions,” and “legacy” stacks.
Even narrower tools (HeyAdvisor, CE Records, Vidia, Snap Projections) plug into core advisor workflows rather than sitting off to the side.
What this means: The winners are solving an integration problem as much as a feature problem: one data model, one workflow spine, everything else orbiting that.
Common trait: Automation of repetitive, low-value work is front and centre.
Examples:
AdvisorFlow, Investipal, OneVest, PEAK, PortfolioAid, d1g1t, Harmony: automate onboarding, document handling, reconciliation, rebalancing, compliance checks, billing, and reporting
Vidia, HeyAdvisor: automate content and communication production
CE Records: automates CE tracking and reporting
Conquest, Snap Projections: automate complex planning calculations and scenario work
Pattern: They’re all freeing advisors and staff from admin so they can:
handle more clients or prospects
prepare faster
spend more time on advice and relationships
This directly matches Bardsley’s point: advances in workflow automation and AI are “driving meaningful gains in advisor productivity” and raising the ceiling on how many clients each advisor can serve without sacrificing quality.
Common trait: Compliance is embedded, not bolted on.
AdvisorFlow, CE Records, Equisoft, OneVest, PEAK, PortfolioAid, d1g1t, Harmony, Investipal, and Maximizer all highlight:
Why this matters: This is exactly where the AI-oriented profiles converge with Bardsley’s warning: regulators and auditors are going to demand explanations, not just outputs. The 5-Star winners for 2026 are pre-empting that by designing for explainable, auditable processes and decisions.
Common trait: Strong data architecture is a defining feature, not a footnote.
Harmony, d1g1t, MyFO, OneVest, Investipal, PortfolioAid, and Charli all stress:
MyFO, Maximizer, and d1g1t explicitly talk about supporting complex household/entity structures.
Pattern: These providers behave like data companies first, application companies second. That’s precisely in line with Bardsley’s theme that technologies only deliver value “across the front, middle, and back office” when they sit on high-quality data foundations.
Common trait: AI is everywhere, but framed as assistive and governed, not as a black box.
Conquest (SAM), OneVest (Next Best Action), PEAK (AI Note Taker, Sierra), Charli, Vidia, and Investipal’s “human-in-the-loop AI”:
Shared philosophy: AI is used to compress analysis time and enforce or support compliance but not to replace advisor judgment. That aligns closely with Bardsley’s framing of several effective operating models where success depends on disciplined execution and data integration, not on “chasing the most sophisticated or feature-rich solution”.
Common trait: The client-facing layer is modern, personalized, and multichannel.
Vidia, HeyAdvisor, d1g1t, Conquest, OneVest, MyFO, Maximizer, Harmony all focus heavily on:
Many explicitly link this to:
Pattern: These products are not just giving advisors better tools; they’re raising the bar for what a “normal” client experience looks like, which is in line with Bardsley’s observation that “clients now expect more personalized, higher-quality service, regardless of portfolio size”.
Common trait: a strong Canadian lens
Harmony, d1g1t, Maximizer, PEAK, PortfolioAid, CE Records, Equisoft, OneVest, Croesus, and Conquest all explicitly:
What this suggests: A 5-Star award by WP in this report is not just about technological sophistication; it’s about fit for Canadian market structure, rules, and expectations.
Common trait: Nearly all the winning firms have a very clear “who we’re built for”:
independent advisors and dealers: AdvisorFlow, Agora, PEAK, Maximizer, HeyAdvisor, CE Records
enterprise/large institutions: d1g1t (RBC), Equisoft, Croesus, Conquest, OneVest, PortfolioAid, Charli Capital
specialist niches:
This maps neatly to Bardsley’s three models:
single-stack platforms: OneVest, PEAK (Konnect), d1g1t, Harmony, Equisoft, PortfolioAid360, MyFO
hybrid models (core plus targeted integrations): Croesus ecosystem + Vidia, Conquest (planning layer in larger enterprise stack), Maximizer as advisor CRM core
modular best-of-breed tools: HeyAdvisor, Vidia, CE Records, Snap Projections, Charli Capital
Success across all three depends on the same things: strong data integration and disciplined execution.
Common trait: They don’t just claim value; they quantify it.
time savings (e.g., Vidia saving up to 20 percent of advisor meeting prep time, Investipal compressing proposals from weeks to minutes)
capacity and scale (Investipal: 5–10 times more prospects without extra staff, d1g1t processing millions of accounts, OneVest and MyFO enabling scale without adding headcount)
revenue/growth signals (Conquest’s 542 percent growth, Vidia’s cross-sell uplift, Agora’s revenue-sharing opportunities)
Pattern: The shared narrative is lower cost to serve + higher capacity + better engagement = more attractive economics across more segments, echoing Bardsley’s point that lower costs to serve are expanding addressable markets and making previously low-margin segments worth serving.
Finally, beneath all the tech language, there’s a humancentric throughline:
“advisor centric,” “advisor first,” “built for independence,” “designed for how families actually hold wealth”
heavy focus on:
Across major industry studies, a consistent picture appears of firms that treat technology as core to their operating model – rather than as a bolt-on feature – are better positioned to manage margin pressure, meet rising expectations, and tap new segments.
Several themes stand out.
Global asset and wealth managers increasingly see AI as the most transformational technology in the near term. PwC reports that nearly three-quarters of asset and wealth management organisations identify AI as the key technology over the next two to three years, with firms looking to automation and AI integration to future proof their business models and offset declining profit per AUM.
Capgemini’s 2025 wealth management trends reach a similar conclusion, highlighting the use of AI to deliver the personalization clients want – from tailored product recommendations to intelligent automation of onboarding and servicing.
This aligns directly with David Bardsley’s view that advances in workflow automation, AI, and analytics are “driving meaningful gains in advisor productivity”. In his assessment, advisors will be able to serve more clients without compromising quality, reshaping growth potential, cost to serve, and the underlying operating model.
If AI is the visible trend, data infrastructure is the less glamorous prerequisite. EY’s 2025 Global Wealth and Asset Management Outlook stresses that a strong data infrastructure and strategy are now critical to realizing ROI from next-generation technologies, such as GenAI, particularly as boards scrutinize technology spend more closely. KPMG’s 2025 asset management outlook echoes this, with a significant share of executives planning to prioritize data centre and data platform investment over the next two years.
On the client side, expectations are rising quickly. Capgemini highlights that one of the defining wealth tech trends for 2025 is the use of AI to deliver hyper-personalised offers and experiences, moving beyond generic content to interactions based on real-time data and predictive analytics. Other 2025 outlooks on wealth management point to investors no longer accepting generic advice and increasingly ranking a firm’s technology offering as a key factor in their choice of provider.
This is exactly the dynamic Bardsley describes: lower costs to serve are opening up previously unattractive segments, but at the same time, “clients now expect more personalized, higher-quality service, regardless of portfolio size”.
At the industry level, technology is driving convergence between asset managers, wealth managers, and fintechs. PwC’s 2025 Global Asset and Wealth Management Report notes that around half of asset managers are targeting convergence with wealth managers and fintechs to build technology-enabled ecosystems, with AI integration and automation at the centre of these strategies. McKinsey’s 2025 work on asset and wealth trends similarly describes a “great convergence” across traditional and alternative players as they build more integrated platforms.
Finally, regulation and compliance remain a powerful catalyst for wealth tech adoption. Capgemini identifies intelligent automation and white label digital onboarding as major 2025 trends, driven by the need to contain the rising cost of non-compliance and to standardize client facing and back-office processes. PIMFA Wealth Tech’s 2025 AI Tech Sprint report also underscores how firms are looking for AI solutions that deliver “automation with oversight” – pairing efficiency gains with clear controls.
This is consistent with Bardsley’s emphasis on technologies that both automate low-value work and strengthen risk and compliance frameworks, “safeguarding client assets and reinforcing trust” rather than simply speeding up existing workflows.
Taken together, these trends point to a clear direction of travel. The most successful wealth tech and fintech providers in Canada – including those recognized as this year’s 5-Star Wealth Tech Providers – will be those that combine AI-driven productivity, robust data foundations, and truly personalized digital engagement within coherent operating models.
Wealth Professional invited technology service providers from around Canada to submit nominations, detailing the problems or pain points their offering is designed to solve or relieve for wealth management professionals and how their solution differs from those offered by competitors.
The WP team objectively assessed each entry for detailed information, true innovation, and proven success – along with benchmarking against the other entries – to determine the
5-Star Wealth Tech Providers.