NEW YORK, Aug. 26, 2015 /PRNewswire-iReach/ -- Vanare | NestEgg, the only wealth management technology platform with an integrated, private-label and customizable roboadvisor solution for financial firms, announced today that David Coyle has joined the firm as Senior Vice President, Business Development. Coyle, who has more than 26 years of technology and entrepreneurial leadership experience in financial services, will support the Vanare | NestEgg expansion among advisors and financial institutions.
"We're thrilled to have David on board, focused on helping advisors understand how Vanare | NestEgg can best serve their business growth and client experience needs," said Rich Cancro, founder and CEO. "Interest in our technology platform has been explosive and David will ensure that we can be responsive to all prospective clients."
TENURED INDUSTRY EXECUTIVE
Most recently, Coyle was part of the Wealth Management Solutions team at Interactive Data Corporation, where he was instrumental in advancing their interactive wealth management content and market data tools for both financial institutions and consumers. His substantial pedigree also includes senior sales and business development roles with Northstar, Research in Motion and Outercurve Technologies. At NorthStar Systems International, now part of SEI, he led the business development efforts for several new and emerging market segments. Coyle spent the first 10 years of his career as a Private Client advisor providing financial planning and investment services at Merrill Lynch, and later at First Union (now part of Wachovia).
INSTITUTIONAL-QUALITY PLATFORM FOR FINANCIAL FIRMS
"I was attracted to Vanare's unique and beautifully designed platform that combines traditional wealth management services with a seamlessly integrated roboadvisor technology, a more complete offering than others on the market," said Coyle. "It's a business model that I strongly believe in and look forward to sharing with advisors," said Coyle.
"David personifies our core value, to help advisors grow their business," said founder and COO Alexey Sokolin (founder of NestEgg which was acquired by Vanare in December 2014). "Long before most others in this industry, he saw the promise in robo technology as a means for helping advisors scale and develop their practices. He has a deep appreciation for the intersection of technology and financial planning, and knows how to make the combination successful. We are fortunate to have him on our team."
About Vanare | NeStEGG
Vanare is an all-in-one wealth management technology platform that includes a deeply customizable roboadvisor solution. With the acquisition of NestEgg Wealth in late 2014, Vanare launched the first-ever fully integrated online and traditional wealth management solution, which seamlessly includes CRM and portfolio management, and provides flexibility across workflows, data and usability. With Vanare, RIAs can build client relationships through both traditional face-to-face advice as well as a completely digital, low-touch interaction. Founded by a team of experienced, creative financial and technology executives, Vanare continues to develop next generation enhancements ensuring the most powerful and scalable platform for the investment advisor community. To learn more, visit: www.vanare.com, or contact the firm by email or phone: firstname.lastname@example.org / 212-858-0575.