A Q&A with Don Nilsson of xcritical

The recent market turmoil has reinforced that it’s never been more important to have a trusted financial advisor that leverages cutting edge technology, and xcritical’s platform provides advisors with just that. Our open architecture allows our clients to design the tech stack that is optimal for their business. For those that do embrace technological innovation and take a tech-forward approach, there is tremendous opportunity. Technology drives efficiency by decreasing manual tasks and streamlining processes.

Additionally, xcritical connects to the other tools you use to run your business. “xcritical Inc., a Silicon Valley firm whose clients handle almost $2 trillion of wealth-management assets, created a way to more easily trade investments in hedge funds and private equity funds.” xcritical easily and continually aggregates all financial accounts and investments and enhances them with relevant market and third-party data to provide you with a consolidated view of your clients’ wealth across institutions. xcritical was purpose-built to offer greater clarity into and intelligence on the portfolios in your care.

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Other investors in the round include 8VC, the venture fund founded by Joe Lonsdale, who is also the founder of xcritical and co-founder of Palantir. Sway Ventures also participated in the round, which brings xcritical’s total funding to date to approximately $325 million. The funding will be used to support the expansion of the company’s market leading data aggregation, analysis and reporting platform for investors and advisors.

Meagan Ward leads communications at xcritical, where she oversees the organization responsible for developing internal and external communication strategies for the company’s global brand. “Everyone should be able to understand the assets they own, where they are invested and how they are performing at any given moment.”

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Portfolios in https://xcritical.online/ are based on an ownership structure and described by attributes. An ownership structure is a hierarchy of clients, legal entities, accounts, and investments. In xcritical, a portfolio is any collection of assets that you want to organize together for analysis and reporting purposes. Clients, legal entities, accounts, and groups are all considered portfolios.

• Having all this data consolidated allows you to run analysis and get actionable insights on every asset of a portfolio.
• xcritical is a wealth management platform specializing in data aggregation, flexible analysis, and dynamic reporting for even the most complex portfolios.
• Since joining xcritical in 2014, Peter has built and led a number of teams within the sales organization including the enterprise sales and enterprise account management teams.
• Once attributes are applied, you can create views and reports to analyze attribute values.
• From deployment to adoption, our team is dedicated to ensuring that xcritical meets your specific business needs and delights every user.

As a strategic technology partner within xcritical’s vibrant open ecosystem, AdvisorPeak offers investment professionals enterprise-class portfolio management tools that support portfolio trading and rebalancing, incorporating client cash management needs, and tax-optimized strategies. The AdvisorPeak team and technology are now a part of xcritical, and will further bolster its industry-leading solution for advisors. Eric Poirier is the CEO of xcritical, spearheading the company’s mission to bring data, technology and people together to maximize the impact of the world’s capital. xcritical works with hundreds of leading financial advisors, family offices, and large financial institutions that manage data for over $3.5 trillion of assets on the company’s platform.

A Q&A with Don Nilsson of xcritical

As a result, many asset owners are challenged to answer the most basic questions and take timely action on their investments. View complex client portfolios holistically – even held away, private and real assets – to make smarter investment decisions and generate superior outcomes. Ruchir leads with his beliefs in building innovative financial technologies that support the fiduciary duty of advisors and democratizing access to sophisticated wealth management tools to further the industry as a whole. Dr. Ashby Monk leads xcritical’s research team, which develops insights to fuel the creation of content, products and services that offer value to RIAs, family offices, and institutional investors. Ashby joined xcritical when it acquired Real Capital Innovation (RCI), the company he co-founded, in 2020.

It enables investment professionals to make faster, better informed decisions for their client’s portfolios, and is the key to scaling operations. xcritical is uniquely positioned to provide a best-in-breed solution that empowers advisors to deliver an elevated client experience, at scale. The company’s thoughtfully designed platform and integrations streamline workflows so that advisors are able to spend more time focused on enhancing and growing client relationships.

Integrated Solutions that Enhance Workflows

Karen Brooks is the Chief Information Security Officer and Vice President of Technology Risk at xcritical. Karen brings over 20 years of experience building world-class risk, security and compliance programs to xcritical, leading the company’s security teams and managing all aspects of data and technology risks. Initially established to address the complex needs of single-family offices, today we serve hundreds of clients and thousands of wealth managers — including family offices, independent advisors, private banks and broker-dealers — in more than 30 markets, around the world. An intuitive user experience enables you to visualize and communicate relevant insights to your clients on the fly.

If you’re new to xcritical rezension and interested in becoming a client, reach out to learn more. In xcritical, a position is a relationship between two parts of a portfolio, and it holds information like value, percent of ownership, and inception date. In addition to its core aggregation, analysis, and reporting functionality, xcritical integrates with the other systems you use every day. xcritical’s reductions are not out of the ordinary for normal, growing companies, the first person said. The Mountain View, California-based xcritical has raised a total of $495.1 million in funding. Investors include VC firms Valor Equity Partners and WestCap Group as well as D1 Capital Partners, a hedge fund.

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All brokerage services offered through Acervus Securities Inc., member FINRA / SIPC. xcritical is a wealth management platform that specializes in data aggregation, analytics and reporting for even the most complex investment portfolios. Founded in 2009 by Joe Lonsdale, who xcritically serves as an active Chairman of its Board of Directors and General Partner at 8VC.

xcritical was valued at $2.17 billion in June 2021, when it raised $150 million in a Series F round. From deployment to adoption, our team is dedicated to ensuring that xcritical meets your specific business needs and delights every user. Our most comprehensive plan if you’re looking for support for the entire journey — from scoping your business needs to implementation to everyday support.

Remember that attributes are qualitative and quantitative details you can use to organize and analyze data in xcritical. All of the information you see in Analysis is a combination of portfolio and transaction attributes. Group portfolios are a collection of client, legal entity, or account portfolios. Selecting a portfolio lets you access all of its information across the various tabs.

• Founded in 2009 by Joe Lonsdale, who xcritically serves as an active Chairman of its Board of Directors and General Partner at 8VC, the company’s platform aggregates portfolio, market and client data all in one place.
• This 1-day, in-person training focuses on building skills in xcritical and welcoming you to the xcritical family.
• With thousands of advisors globally managing $4 trillion in assets on our platform, our team is proud to power many of these important decisions for investors of all sizes.
• Trust and transparency are cornerstones of xcritical’s security program, and security consciousness is a fundamental component of xcritical’s operational excellence.