Toronto-based wealth management platform expects to continue rapid growth beyond 2022 with latest addition of experts
d1g1t, Inc., the first supplier of an enterprise wealth management platform driven by institutional-grade analytics and risk management capabilities, has announced the addition of three senior executives headquartered in the United States, allowing the firm to continue on its rapid growth trajectory.
Tate Haymond, former Global Head of Sales at Nasdaq Asset Owner Solutions, has been appointed Chief Revenue Officer. He has experience in global sales and fintech, with a focus on new product development and launches. He was also a member of the PerTrac management team, where he assisted with the ownership transition to eVestment and the Nasdaq acquisition.
The new Chief Technology Officer, David Karchmer, is a Silicon Valley technology expert and software entrepreneur, and was previously the Senior Vice President of Engineering at Arch Systems, where he was in charge of the company's machine data and predictive analytics systems. He spent the most of his career at Altera, where he led software engineering teams.
Dianna Heideman, formerly of Envestnet Inc, has been named Vice President of Client Experience. She previously served as Vice President of Client Experience Service at Envestnet, a fintech firm where she spent the majority of her career focusing on customer engagement and relationships.
Their onboarding came as d1g1t's business grew dramatically in 2021.
The five-year-old firm now employs more than 100 specialists, up from less than 60 a year ago, and its client base and sales have increased by more than 80%.
The platform, which services some of Canada's and the United States' most prestigious wealth management firms, multi-family offices, registered investment advisers (RIAs), and broker-dealers, has doubled its assets under management to $150 billion.
"The sustained growth of our business and client base during yet another difficult year is a testament to our strong value proposition, as well as the quality and resilience of the amazing d1g1t team," said Dr. Dan Rosen, co-founder and CEO of d1g1t. "More than ever before, it is essential for wealth management businesses to have a premium technology platform that provides everyone in the firm with the information they need at their fingertips."
d1g1t launched a funding round last summer, which brought the total amount of private investment to $35 million Canadian dollars. That round was led by CI Financial Corp., a worldwide asset management and serial purchaser of RIAs based in the United States.
NAventures, the investment arm of the National Bank of Canada, and MissionOG, a venture capital firm based in the United States, were among the new investors. More recently, d1g1t signed agreements to implement its platform with Raymond James Correspondent Services (RJCS) and National Bank Independent Network (NBIN), which is Canada's top clearing and custodian provider.
Dr. Rosen concluded, "Our ability to attract U.S.-based professionals with impressive resumes shows our commitment to becoming a presence throughout North America and further demonstrates d1g1t's position as a leader in providing advisors with a technology solution that drives strong business outcomes and elevates the experience of their clients. I am delighted to welcome Tate, David and Dianna to the d1g1t team."
