Orion, a universal tool for financial advisors and enterprise firms, has announced its acquisition of Summit Wealth Systems, a powerful client portal and data hub designed to unify key client information from multiple sources into a single, user-friendly interface.
Along with the platform, Reed Colley will serve as President of Orion Advisor Technology. With Colley’s deep understanding of what financial advisors need to build an efficient and seamlessly connected platform, Orion is well-positioned to provide advisors with solutions that address every aspect of their needs.
As one of the leading providers of technology to large RIAs, Orion already offers robust solutions in portfolio management, client reporting, and financial planning. However, the acquisition of Summit Wealth Systems further enhances Orion’s offerings. By integrating Summit's modern technology stack and innovative capabilities, Orion ensures it remains at the cutting edge of wealth management technology, equipping advisors with tools to better serve their clients and stay ahead in an increasingly competitive market. Additionally, bringing on a team led by Reed Colley will drive further development and integration of leading technologies.
With the deal expected to close in early 2025, could advisors finally be relieved of the pain of consolidating data and working with tech stacks that don’t communicate?
As the integration unfolds, it will be worth watching how Orion leverages this opportunity to redefine the standard for advisor technology solutions. With an interactive UI and collaborative features for both advisors and clients, the solution promises to deliver an enhanced experience for all users as it is adopted by Orion.
Congratulations to Reed Colley, the Summit Team, and everyone at Orion who will benefit from this exciting development!
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