Latest news with #VickieLewin
Business Wire
12 hours ago
- Business
- Business Wire
Amplify Reinvents Risk Assessment with Launch of QuantumRisk™
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Amplify Platform ('Amplify'), built on an AI native data lake and created to unify the advisor and client experience from onboarding to investment management, announced today the launch of QuantumRisk™. This proprietary analysis tool fundamentally reinvents how financial advisors measure, communicate, and manage risk. QuantumRisk was designed from the ground up to help advisors and investors better anticipate and navigate extreme market outcomes. Built on the pioneering work of Dr. Ron Piccinini, Director of Investment Research, one of the industry's leading experts in 'fat tail risk' modeling, QuantumRisk replaces outdated bell curves and standard deviation assumptions. Advances in high-performance computing and graphics processing units now make this level of precision and complexity possible in real time. This risk analysis engine models real-world probabilities and market stress scenarios to reveal both likelihood and severity beyond routine market fluctuations. The result is a clearer picture of portfolio risk for advisors and a stronger sense of security for clients. For decades, risk analysis tools have forced advisors to rely on backward-looking models that underestimate real-world volatility, leaving client portfolios vulnerable during events like the global financial crisis and the Covid-19 shock. 'Legacy risk tools were built for a market that no longer exists,' said Dr. Ron Piccinini. 'We designed our risk engine to reflect how markets actually behave, not how textbooks say they should. This is about giving advisors a competitive edge by making complex risk dynamics immediately visible and actionable.' Available now within the Amplify platform, QuantumRisk assigns portfolios and securities a value on a standardized scale between zero and 1,000, anchored to the historical tail risk of the S&P 500, where higher values reflect higher exposure to volatility and risk. Key features of QuantumRisk include: Proprietary Simulation Engine: Models millions of real-world outcomes in less than a second with no correlation matrix needed, offering advisors a realistic, actionable, and simple-to-understand view of portfolio risk. Greater Risk Transparency: Offers meaningful differentiation across the full spectrum of investments, spanning conservative portfolios to highly leveraged strategies, enabling better portfolio construction, clearer client communication, and more diligent compliance oversight. Visual, Client-Ready Experience: Integrates across the entire advisor workflow, delivering intuitive, graphic outputs that support smarter conversations between advisors and clients. 'QuantumRisk is more than simply an upgrade to risk analytics; it's a transformative tool for enhancing client trust,' said Vickie Lewin, Chief Growth Officer. 'Our platform is engineered to empower advisors to grow their business, and with QuantumRisk, we are taking the next step forward in allowing them to manage client expectations during market swings better. By embedding a modern risk score across the full client journey, we're giving firms the ability to build more resilient portfolios, set clearer expectations and foster more confident relationships.' Wealth management firms interested in scheduling a demo or learning more about Amplify's latest QuantumRisk score can visit About Amplify Amplify is the award-winning growth platform built on an AI native data lake for emerging-growth RIAs and breakaway advisors. The platform replaces legacy tech sprawl with a unified data layer and end-to-end automation across onboarding, ACATs, portfolio construction, risk alignment, trading/rebalancing, billing, and reporting, so RIAs and breakaways can launch and scale faster, cut unit costs, free up advisor time, and convert efficiency into superior client outcomes. Amplify is led by a veteran team of C-suite, fintech, and RIA firm leaders with firsthand experience navigating the industry's most pressing challenges. They are headquartered in Scottsdale, Arizona. To learn more, visit Disclosure: The QuantumRisk™ Score is a proprietary metric of Amplify Technology, LLC, and should not be interpreted as a guarantee of future performance or risk outcomes. It is one of many tools that can support risk evaluation and should be used in conjunction with other due diligence measures. This material is intended for use by financial professionals.
Finextra
21-05-2025
- Business
- Finextra
Amplify adds Schwab's Mark Fischer COO
Amplify Platform ('Amplify'), a unified all-in-one wealth management platform for financial services, announced today it has hired Mark Fischer as the company's first chief operations officer (COO). Fischer joins Amplify's expanding C-suite roster as the firm continues its recent trajectory of record growth. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. A financial services veteran with three decades of relevant experience, Fischer will lead Amplify's day-to-day operations with a strong focus on client success. In his new role, he will oversee relationship management, onboarding and training client service teams, and implementing strategies to scale operations and support the firm's continued growth. Fischer's extensive industry expertise will be instrumental in helping Amplify operate more efficiently, respond more effectively to client needs and deliver an enhanced, relationship-driven client experience. 'As we continue to build on the momentum of the past year, it's essential we have the necessary talent to effectively manage our growth and achieve our vision,' said Vickie Lewin, Chief Growth Officer. 'Mark has the experience and the passion we need in an operations leader. We're confident he will add significant value by deepening client engagement, ensuring seamless service delivery and driving initiatives that support client retention and accelerate our business development.' Prior to Amplify, Fischer served for more than a decade at Charles Schwab Asset Management, where he held COO and chief financial officer (CFO) roles. During his tenure, he led key operational and financial functions for the Schwab Asset Management platform, which has approximately $1.2 trillion in discretionary assets under management (AUM). Fischer also serves on the board of the Colorado chapter of the Alzheimer's Association. 'Amplify's recent growth has been impressive to watch,' remarked Fischer. 'But what impressed me even more is the obvious commitment to helping financial advisors work smarter, grow faster and prepare for the future with confidence. I look forward to helping elevate our operations to support that mission and consistently deliver exceptional value for our clients and partners.' Fischer, who received his undergraduate degree in business from the University of New Hampshire, Plymouth and his MBA from the University of Colorado, is the latest in a series of recent C-suite hires. Over the past year, the company has added veteran talent in the roles of chief financial officer, chief product officer, chief of staff and general counsel, as well as other key leadership hires. Since the beginning of 2024, Amplify has doubled its total employee headcount and reached more than $18 billion in total AUM. 'We remain focused on enhancing our platform and providing advisors with the tools they need to support better client outcomes,' added Aaron Brodt, Founder and CEO of Amplify. 'As we continue to evolve, our leadership team will be essential to our success. We're excited to welcome Mark aboard and can't wait to see his expertise in action, helping us deliver an industry-leading client experience and shape the next phase of Amplify's journey.'
