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Toronto-based Pascal Financial announced it has partnered with Privé Technologies to launch an AI-powered digital wealth management platform for independent advisors. 

In a release, Pascal said the fully integrated digital platform is designed to reduce admin time by up to 50% and “bulletproof” compliance practices.

“Our team of proven financial industry leaders understands the challenges facing advisors and firms and our partnership with Privé will enable us to deliver the tools they need to succeed in a time of digital disruption,” Frances Zomer, CEO of Pascal, said in a statement.

The new platform is available to advisors registered with the Investment Industry Regulatory Organization of Canada and the Mutual Fund Dealers Association of Canada, as well as advisors at managing general agencies.