Meet Christopher Enright, Founding Partner, President & Managing Director of Aligned Capital Partners
Tell us a little about Aligned Capital Partners Inc. (ACPI).
ACPI, a pioneer in the investment dealer community in Canada, has been providing independent investment advice to retail investors since 1987. Our objective is to diverge from the norm and create a suite of services that are focused on the needs and interests of the client, the advisor and the wealth management firm. Since inception, we have always operated with the intention to create a firm that Canada’s best independent financial advisors would find welcoming and call home. ACPI is committed to partnering with advisors who wear the “white hats” and run their businesses in a way that always puts clients first. As a firm, ACPI serves on a range of industry and regulatory committees to help shape the industry and advocate how we believe investors should be treated. Our view of the wealth management industry is straightforward, and our currency is the trust our clients place in us. We earn this trust by providing the infrastructure and solutions advisors need to do right by their clients.
What types of regulatory challenges are your clients facing?
The increased cost of compliance and outdated technology solutions hurt our industry. We need to “move beyond the blotter” and focus on improving investor outcomes by providing better transparency and actionable insights. These are not just things that can be easily measured and must include an overall increase in investors’ financial literacy.
What type of emerging technology do you think will have the greatest impact on your business (industry)?
Increased computing power and data management tools have had a significant impact on our ability to enhance our customers’ experience. The ability to control our data is the driving force behind our technology platform which we have branded Aligned360. Technology enhancements with respect to Account Supervision and Client Interaction is all powered by our “one source of truth”, our data lake housed in the AWS environment.
Digital on-boarding has transformed our business and has allowed us to realize significant cost savings. Our systems move beyond “tick boxing” exercises and provide advisors with better tools to facilitate better discussions with clients to establish their true risk profile.
Why did you join the CRTA?
We see the CRTA as evolving into the organization that will facilitate thought leadership in the industry governing RegTech. “Compliance” should not be a competitive advantage for one firm over another. The CRTA is bringing together leaders in the industry who are driven by improving investor outcomes.