CogniCor is the leading Co-pilot platform for wealth industry. Founded by a team of AI experts and wealth CIOs, we are enabling advisors to deliver hyper-personalized financial advice at scale.
Current Status
Serving category leading broker-dealers and RIA firms, CogniCor is currently scaling their platform across the wealth management market. The company has won several awards in the last year, including Wealth Management.com Wealthies award for the best AI solution. Over 30,000 advisors are being served from the deployments of CogniCor
Problem or Opportunity
US wealth management industry handles $54Trillion in AUM. Most of these assets are managed by financial advisors spread across Registered Investment Advisor firms, Broker-Dealers and Wirehouses. They face significant bottlenecks in delivering personalized, high touch service at scale and at the same time face speed bumps due to fragmented systems and out dated processes. The inefficiencies can drain upto 30% of the firm's revenue and is a hurdle to their growth.
Solution (product or service)
CogniCor CoPilot for Wealth Management enables financial advisors to personalize their service with deep client insights as well as automate most of the mundane tasks such as note taking and follow up tasks. The CoPilot plugs into the Advisor CRM and drives meeting scheduling and follow up workflows. With its integration to custodians, CoPilot can automate some of the repetetive tasks.
Business model
CogniCor charges a SaaS based pricing determined by the seat license and modules subscription.
Incubation/Acceleration programs accomplishment
plug&play
Morgan Stanley multi cultural accelerator
