RED BANK, NJ–(BUSINESS WIRE)–WBI, a NJ-based investment management company that provides wealth management and investment technology solutions, announces CEO Don Schreiber, Jr.’s recognition by the Financial Technology Report. Schreiber was ranked 11thth in Top 25 Financial Technology Leaders in NJ for 2022 August 10, 2022.
“This year’s award winners … are revolutionizing an already revolutionary industry, pushing technology forward not only to benefit their businesses, but to provide customers with the best products and services possible in the fintech space,” said the Financial Technology Report.
Don Schreiber, Jr. has led WBI since he founded the firm in 1984. Mr. Schreiber is also the Chief Visionary Officer of WBI’s affiliated software development company CyborgTech, LLC. The company recently launched Cy, an enterprise-class robo-advisory platform that combines digital and human financial advice. Cy is an all-in-one, investor-centric platform that is easy to access from anywhere. It offers complete customer profiling and benchmarking, personalized portfolio optimization and end-to-end service.
Cy won the 2021 and 2022 FinTech Breakthrough Award for Best Robo Advisory Platform, and was selected as a 2022 Finovate Awards Finalist for Best Wealth Management Solution. The Finovate Awards recognize the companies driving FinTech innovation forward and the individuals bringing new ideas to life. The 2022 Finovate Awards recognize 23 companies as winners across a range of categories, including payments, FinTech, digital banking, wealth management and digital mortgage.
“This nomination is a powerful representation of the innovation and momentum of the Cy platform, and we are extremely proud to receive this recognition,” said CEO Don Schreiber, Jr.
Finovate’s “Best Wealth Management Solution” award is given to a wealth management firm, bank or FI with an outstanding new solution to give consumers more control over their future wealth and help them achieve long-term financial goals.
“Our goal is to build portfolios with less downside participation and higher returns than conventional approaches. With Cy, clients get a customized portfolio based on their personal measures of success, while advisors can deliver a differentiated value proposition,” said Matt Schreiber, CEO, CyborgTech and Co-CEO of WBI. “By combining advanced portfolio optimization technology with the advisor’s human advice, we are changing the way people invest. Cy’s interface is intuitive regardless of your ‘FinTech’ skills – making it a key player in the digital wealth management revolution .”
Financial advisors can access a free trial of Cy at investwithcy.com.
About WBI Investments
Founded in 1984, WBI is a pioneer in technology-driven, goal-based wealth management solutions. The firm is a pioneer in active cash-backed separately managed account and ETF strategies. WBI is a leader in providing client solutions tailored to their personal loss and return standards. WBI is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. WBI does business only in states where it is properly registered or is excluded or exempt from registration. Additional information about WBI’s advisory operations, services and fees is in the Form ADV, which is available upon request or on the SEC’s website at www.adviserinfo.sec.gov. For more information, visit wbiinvestments.com.
About Cy
Built by technology firm CyborgTech, WBI’s software affiliate, Cy is a revolutionary robo-advisory platform that combines human advice with machine-optimized portfolios for loss and return. The platform also offers streamlined customer profiling, loss and return benchmarking, personalized investment suggestions, electronic account opening, invoicing and back office support. The enterprise grade platform can be white-labeled for broker-dealers, RIAs, asset managers and other institutions. For more information visit investwithcy.com.
About Finovate
Finovate Group is a research and event company with a focus on innovation in finance and banking technology. Their team runs the Finovate conference series and writes the popular Finovate blog. Finovate is the only conference series focused solely on showcasing the best and most innovative new financial and banking technologies. Finovate conferences consistently attract large, high-impact audiences of senior finance and banking executives, venture capitalists, press, industry analysts, bloggers, regulators and entrepreneurs. Finovate’s annual events include FinovateFall (New York), FinovateSpring (San Francisco) and FinovateEurope (Berlin), as well as regional events in Singapore and Dubai.
About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership worldwide, the FinTech Breakthrough Awards program is dedicated to honoring excellence in financial technologies and services, companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including payments, personal finance, wealth management, fraud protection, banking, lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.
Disclosures
This is not an offer to buy or sell securities. There is always a possibility of loss, including loss of the original investment. Cy is a proprietary wealth management platform developed by WBI Investments, Inc. (“WBI”) in partnership with CyborgTech, LLC. It should not be assumed that the future performance of any specific investment strategies analyzed by Cy will be profitable or suitable for all investors. Also, the analysis from the Cy optimization platform analysis may vary with use and time. All investment involves risk, including loss of principal. While WBI seeks to manage and monitor risk, there is no way to eliminate risk. There is no guarantee that the objectives will be achieved.
Consideration of prices is no guarantee of future performance. WBI did not pay a fee for the Fintech Breakthrough awards, but submitted an application for consideration. WBI paid a fee to apply for consideration for the Finovate Award and Financial Technology Report recognition. For more information on the award categories and criteria, visit Fintech Breakthrough, Finovate and Financial Technology Report.
