The innovative technology company that provides a wealth and digital platform for the industry is launching a new flat fee account in April.
The new rate card, which has a flat maintenance fee of $495.00 per year, will launch with its new IDPS platform in April.
Spitfire’s current offering to the market is a digital and wealth management platform ecosystem that enables advisors to provide a consolidated wealth view of any asset, in any market, at any time.
Spitfire distribution manager David Storm said the company was ideally placed to offer a product like this.
“Spitfire is uniquely positioned to create ‘clean products’, free from conflicting and traditional financial arrangements that are not in the best interest of the customer,” he said.
Mr Storm said advisers were looking for solutions to enable them to access markets around the world, and Spitfire was that solution.
“We are seeing that advisors are increasingly looking for a platform solution that allows them to create a custom managed account solution for any asset and in any market.
“Our in-house trading desk facilitates an end-to-end user experience on global markets with live execution,” Mr Storm said.
Spitfire recently announced a technology alliance with Volt Bank that would give its customers access to the neobank’s soon-to-be-launched deposit products.
At the time of the launch, Mr Storm said the partnership would bring wealth management into the 21st century.
“Spitfire is a game changer in wealth management, and our cloud-native platform will provide Volt customers with unparalleled transparency, flexibility and functionality in a secure environment.
“This partnership is a huge step in bringing wealth management into the 21st century and enabling planners and advisors to act in the best interests of their clients,” Mr. Storm said.