DriveWealth partners with global registered investment advisors and wealth managers and enables them to diversify their offerings and recommendations to clients.

DriveWealth can provide low-cost brokerage solutions for registered investment advisors, global wealth managers, and investment management firms. Through our robust set of RESTful APIs, there are three avenues through which DriveWealth can support wealth managers and advisors:

• Non-discretionary accounts – advisors and financial planners who only provide research and recommendations and do not trade on their client’s behalf.
• Blended accounts – advisors who provide initial recommendations to their clients on a self-directed basis, but thereafter provide automatic re-balancing on a discretionary basis.
• Discretionary accounts – advisors who provide a managed service on a fully discretionary basis.