Axxcess Expands Orion Insourcing and Launches Tools for Firms Considering Independence
Axxcess Wealth Management has expanded its Orion insourcing services, allowing firms to operate within their existing Orion database without adding new technology layers. The company also introduced two diagnostic tools: the Orion Utilization Benchmark and the Independence Readiness Assessment. These assessments help financial advisors evaluate how effectively they use Orion's features or gauge readiness for independence from wirehouses. The Orion insourcing model eliminates traditional vendor dependencies by having Axxcess manage operations such as billing, trading, compliance, and reporting under a firm’s brand. This approach leverages the same systems that support Axxcess' $14.4 billion platform to help clients scale internally. The Independence Readiness Assessment provides advisors with insights into client ownership, contract terms, book portability, and economics while maintaining confidentiality through NDAs. Axxcess emphasizes a structured transition process for independent advisors or wirehouse professionals considering independence, offering tailored support without requiring equity sacrifice.
Topics: insourcing services investment advisory Orion Advisor Technology wealth management platform