CoastalOne, an independent broker-dealer (Coastal Equities) and registered investment advisor (Coastal Investment Advisors) based in Wilmington, Del., recently rolled out access to alternative investments for all of its 115 advisors and registered representatives, powered by Altigo, an electronic order entry and subscription processing platform from WealthForge.
Alternative investment transactions continue to be lengthy, manual and paper-laden, leading to NIGO errors, security risks and operational inefficiencies that drive up costs and discourage wealth managers and investors from considering alternative investments. Altigo is designed to improve the alternative investment experience for CoastalOne’s registered representatives and their clients by automating the paperwork process and integrating the subscription process into an advisory firm's existing operational workflow.
“Electronic processing is a primary focus of the CoastalOne technology platform, and we’r