--> Skip to main content

Objectway Acquires Nest Wealth, Leading Digital Wealth Solutions Provider in Canada

22nd January 2024 – Objectway has taken a significant step towards expanding its capabilities and geographic footprint in North America with the acquisition of Nest Wealth. This is a notable milestone in Objectway’s strategy to become the trusted end-to-end global partner for the wealth management industry.

Objectway, the Global Top 100 FinTech provider of as-a-service software and services to banks, wealth and asset managers, announced today the acquisition of Nest Wealth, a leading Canadian provider of digital wealth solutions.

Building on more than 30 years of business expertise, Objectway has built partnerships with banks, wealth and asset management firms to empower and scale their business through cutting-edge software and services, enabling financial institutions of all sizes and geographies to seamlessly embark on their digital transformation journey.

With more than 10 years of market leadership and innovation, Nest Wealth provides digital wealth solutions for onboarding, account opening, and financial planning to some of the largest financial institutions in Canada – including banks, custodians and asset managers – wealth management firms and individual advisors, as well as direct-to-investor investment management services. Clients include half of Canada’s largest six banks as well as National Bank of Canada, National Bank Independent Network, etc.

Canada is recognized as a market with a growing population and a sophisticated financial eco-system. As a result, the country is one of the top ten most important wealth markets and one of the regions with the largest distribution of wealth advisory services per individual in the world.

By adding Nest Wealth client onboarding and financial planning complementary solutions to Objectway’s capabilities, the Group will enhance its wealth and investment management offering, marketing this to existing and new clients in Canada and the US.

In EMEA, the acquisition also provides the opportunity to further expand and enrich the firm’s wealth solutions design model across the value chain to offer best-in-class digital client onboarding and planning solutions on top of its advisory services, discretionary portfolio management and back-office operations.

The Nest Wealth team has built a remarkable digital wealth platform with an eminent client base. We look forward to working with them to maximise our business potential, grounded on our common focus on digital innovation and on the same modular, flexible and “as-a-service” approach. This acquisition marks a significant milestone in our growth and global expansion strategy, enabling us to establish and broaden our market presence in North America and to offer an even more comprehensive range of innovative products and services to existing and new customers in both the EMEA and North American regions in which we operate.

Testimonial

Luigi Marciano

Objectway Founder & Group CEO

We are thrilled to join the Objectway Group, an innovative and highly respected company with a proven track record in the industry. This will accelerate our expansion across the North American region, and open up additional market opportunities in EMEA. In Objectway, we have found the perfect partner, giving our employees and customers continuity, stability and an exciting future of continuous development to solve their problems.

Testimonial

Randy Cass

Nest Wealth Founder & CEO

Objectway was advised by Deloitte, Deloitte Legal and Alpeggiani Avvocati Associati.

Nest Wealth was advised by Ascent Line Partners and Wildeboer Dellelce LLP.

BNL is acting as sole lead manager and bookrunner on the associated financing which will involve also SIMEST.

About Nest Wealth

Founded in 2014, Nest Wealth began by creating Canada’s first Software as a Service (SaaS) digital wealth management platform, with the goal of increasing investor access to sophisticated wealth management advice.

Over time, Nest Wealth’s digital wealth solutions also empower wealth management firms and individual advisors to provide and manage virtually any investment for any investor through any distribution channel.

Today, Nest Wealth’s digital solutions are used by well-established financial institutions across North America, including the National Bank of Canada, to deliver superior investment experiences to clients. Nest Wealth also offers an automated, low-fee and transparent direct-to-investor wealth management solution that makes it easier for thousands of Canadians to reach their financial goals.

Objectway compie un passo significativo verso l’espansione delle proprie soluzioni e della presenza in Nord America. Si tratta di una tappa fondamentale nella strategia per diventare il partner end-to-end di fiducia per il wealth management a livello globale.

Objectway, Top 100 FinTech provider di software as-a-service e servizi per banche, wealth e asset manager, ha annunciato oggi l’acquisizione di Nest Wealth, fornitore canadese leader nelle soluzioni di digital wealth.

In oltre 30 anni di esperienza nel settore, Objectway ha costruito partnership con banche, wealth e asset manager per accrescere e scalare il loro business grazie a software e servizi all’avanguardia, consentendo alle istituzioni finanziarie di ogni dimensione e area geografica di intraprendere agevolmente il loro percorso di trasformazione digitale.

Con oltre 10 anni di leadership di mercato e di innovazione, Nest Wealth fornisce soluzioni di digital wealth per l’onboarding e la pianificazione finanziaria ad alcune delle più grandi istituzioni finanziarie del Canada – tra cui banche, banche depositarie e asset manager – a società di wealth management e consulenti finanziari, oltre a servizi di gestione degli investimenti diretti agli investitori. Tra i clienti figurano metà delle sei maggiori banche canadesi, nonché National Bank of Canada, National Bank Independent Network, ecc.

Il Canada è caratterizzato da una popolazione in crescita e da un sofisticato ecosistema finanziario. Di conseguenza, il Paese è uno dei dieci mercati più importanti per il wealth management e una delle regioni con la maggiore distribuzione di servizi di consulenza finanziaria per individuo al mondo.

Integrando le soluzioni complementari di Nest Wealth per l’onboarding dei clienti e la pianificazione finanziaria, Objectway migliorerà l’offerta dedicata al wealth e investment management, commercializzandola a clienti nuovi ed esistenti in Canada e negli Stati Uniti.

In EMEA, questa acquisizione offre l’opportunità di espandere e arricchire ulteriormente il design delle soluzioni di wealth management dell’azienda lungo tutta la catena del valore, per offrire le più avanzate soluzioni di digital client onboarding e financial planning in aggiunta ai servizi di consulenza, porftolio management e back-office.

Il team di Nest Wealth ha realizzato una notevole piattaforma di digital wealth con un’importante base clienti. Non vediamo l’ora di lavorare insieme per massimizzare il nostro potenziale di business, basato sulla comune attenzione all’innovazione digitale e sullo stesso approccio modulare, flessibile e as-a-service. Questa acquisizione segna una tappa significativa nella nostra strategia di crescita ed espansione globale, permettendoci di stabilire e ampliare la nostra presenza sul mercato nordamericano e di offrire una gamma ancora più completa di prodotti e servizi innovativi a clienti nuovi ed esistenti, sia in EMEA che in Nord America.

Testimonial

Luigi Marciano

Fondatore e CEO del Gruppo Objectway

Siamo entusiasti di entrare a far parte del Gruppo Objectway, un’azienda innovativa e molto apprezzata con una comprovata esperienza nel settore. Questo accelererà la nostra espansione in Nord America e ci aprirà ulteriori opportunità di mercato in EMEA. Con Objectway abbiamo trovato il partner perfetto, che offre ai nostri collaboratori e clienti continuità, stabilità e un promettente futuro caratterizzato da una continua evoluzione per soddisfare le esigenze del mercato.

Testimonial

Randy Cass

Fondatore e CEO di Nest Wealth

Objectway è stata assistita da Deloitte, Deloitte Legal e Alpeggiani Avvocati Associati.

Nest Wealth è stata assistita da Ascent Line Partners e Wildeboer Dellelce LLP.

BNL ha agito in qualità di sole lead manager e bookrunner del relativo finanziamento che coinvolgerà anche SIMEST.

About Nest Wealth

Founded in 2014, Nest Wealth began by creating Canada’s first Software as a Service (SaaS) digital wealth management platform, with the goal of increasing investor access to sophisticated wealth management advice.

Over time, Nest Wealth’s digital wealth solutions also empower wealth management firms and individual advisors to provide and manage virtually any investment for any investor through any distribution channel.

Today, Nest Wealth’s digital solutions are used by well-established financial institutions across North America, including the National Bank of Canada, to deliver superior investment experiences to clients. Nest Wealth also offers an automated, low-fee and transparent direct-to-investor wealth management solution that makes it easier for thousands of Canadians to reach their financial goals.