LENEXA, Kan., November 4, 2021 / PRNewswire / – Copper Financial, the credit union services organization (CUSO) providing financial and operational solutions to CommunityAmerica Credit Union and other credit union partners, today announced that it has concluded a partnership with FusionIQ, an innovative fintech company offering an investment platform.
This integration follows closely Copper Financial announcement earlier this year, they partnered with Apex Fintech Solutions LLC (Apex) to provide a stronger and more comprehensive investment experience for advisors and members of credit unions.
By leveraging FusionIQ’s unified platform in conjunction with Apex’s industry-leading digital clearing and custody capabilities, Copper Financial will enable its credit union partners to offer digital account opening and Streamlined investment options to all members, accessible directly from their online banking portal.
“Our credit union partners are seeing a significant increase in the number of outbound ACH transactions to FinTech companies as the pandemic has pushed members to rely on virtual options,” explained Justin steitz, COO of Copper Financial. âIt’s more critical than ever for credit unions to prioritize member retention by providing access to digital investing. “
In FusionIQ, Copper Financial saw a reflection of its own mission to serve underserved people and democratize investing for all, as well as a true revolutionary in the field of wealth management.
âNo one else does what FusionIQ does,â Steitz said. âThe dual track they’ve built allows investors to embark on an advisor-guided or self-directed investment journey, which allows CommunityAmerica and our credit union partners to compete with both robotic advisers. and mobile trading applications. We see it as the next step in giving investors the tools and autonomy they want to manage their own financial lives, but with the possibility of professional support. “
Members of credit unions will be able to access personalized and professionally managed models, as well as thousands of investment options from FusionIQ, including stocks, ETFs and mutual funds, as well as strategies ESG from Copper Financial.
Coupled with the already integrated Apex capabilities, the newly formed partnership will provide a fully digital end-to-end process for onboarding, account opening, financing and trading via single sign-on from a co-op’s online banking portal. credit to the FusionIQ platform.
When the integration is complete, FusionIQ’s innovative and barrier-free investment approach will be available to the more than 280,000 CommunityAmerica members.
“We are delighted with the opportunity to work with Copper Financial,” said Marc Healy, CEO of FusionIQ. “This partnership represents a powerful new channel for FusionIQ to continue our mission of providing all investors with the frictionless digital technology they need to access markets and accumulate wealth. Copper Financial’s investment in credit unions and their members align perfectly with our own dedication to creating the solutions advisors and investors need to thrive. â
The integration of Copper Financial and FusionIQ will enter beta in December, with a full rollout scheduled for the first quarter of 2022. To learn more, register now for “FusionIQ & Copper Financial Partner to democratize wealth management for members of credit unions” hosted by Copper Financial and FusionIQ on November 18e, 2021 to 2:00 p.m. EST.
About Copper Financial
Copper Financial (“CuFi”) is an SEC registered investment advisor, FINRA registered brokerage and state registered insurance agency providing a range of investment and financial planning services to members. credit unions across the country. As a wholly owned subsidiary of CommunityAmerica Credit Union, we understand the importance of meeting the unique needs of your members, wherever they are in their financial journey. Our fully digital experience and cutting-edge technology platform allow members to access their accounts from anywhere, anytime, and ensure advisor and member have more time to focus on what matters. – the path to financial peace of mind. Additionally, we are the only credit union owned broker-dealer that offers special needs planning for families, further assisting credit unions in their mission to meet the needs of all of their members. To learn more about CuFi, visit financial.
FusionIQ is a preeminent Software as a Service (SaaS) organization, delivering an e-commerce workstation to give banks, credit unions, RIAs, brokers and wealth managers of all sizes everything they need to create a revolutionary digital wealth investment. experience for their end retail customers. Through a white-label instance with a GUI-less API infrastructure or a fully customized solution, FusionIQ provides financial services companies with unique enterprise-grade functionality that combines business, technology and compliance logic. in each deployment. Some of the world’s leading financial services brands are partnering with FusionIQ as their reliable, innovative and engaging digital wealth platform solution. For more information, please visit fusioniq.io.
Amanda Turkish for CommunityAmerica
Kelly waltrich for FusionIQ