Abbove Partners with Simulabox to Drive Wealth Planning Innovation

Author: Kelly Martin Updated: 09-17-2024 12:43 AM

Abbove Expands Its Footprint with Simulabox Partnership

Abbove, a pioneer in pan-European wealth planning, is taking a significant leap by establishing a strategic partnership with Simulabox, a leading provider of tax and estate simulation software in France. This collaboration is a major piece of Abbove's plan to broaden its presence across Europe, positioning itself firmly as a leader in offering comprehensive wealth planning solutions.

Holistic Wealth Planning Solutions

With this partnership, Abbove significantly enhances its capability to cover the wealth planning cycle in France. Wealth planners and family officers who work with clients affected by French tax laws can now provide a seamless end-to-end solution. This integration ensures that clients receive well-rounded advice and thorough recommendations for their wealth management needs.

Strengthening Presence in France

This collaboration is not just about strategic benefits; it lays the groundwork for Abbove’s commitment to delivering tailored and holistic wealth planning solutions across Europe. The combination of Abbove's innovative platform and Simulabox's expert software provides an unparalleled resource for wealth managers.

CEO Guillaume Desclée's Insights

CEO Guillaume Desclée shared his thoughts on this partnership, emphasizing the challenges faced in a market dominated by local players. He stated, "In a market dominated by local champions, scaling a wealth-planning value proposition across diverse tax legislations is a considerable challenge. Abbove addresses this by creating a standardized wealth information system at a multinational level, seamlessly integrating with estate planning and taxation tools in the countries where we are expanding."

Building a Unified Wealth Management Ecosystem

Desclée's vision of creating an interconnected ecosystem around Abbove’s platform is geared towards providing users with a robust global solution. This initiative is exciting as it allows wealth planners to access a flexible system that promotes efficiency and comprehensive wealth management experiences.

About Abbove and Simulabox

Abbove, previously branded as PaxFamilia, is at the forefront of wealth technology innovation. Their collaborative wealth planning platform integrates financial advisors, clients, and wealth data into a cohesive service model, revolutionizing wealth management across European markets.

In contrast, Simulabox specializes in creating professional tax and wealth advisory software. It has been crafted with insights from industry experts, ensuring that it delivers ease of use and efficient service to advisors. By using Simulabox, wealth advisors can create compelling, clear, and visually engaging tax studies that empower clients to make informed financial decisions.

Frequently Asked Questions

What is the primary purpose of the Abbove and Simulabox partnership?

The partnership aims to enhance wealth planning services across Europe, particularly in France, by providing an integrated solution for wealth planners.

How does this collaboration benefit wealth planners in France?

Wealth planners in France can now access an end-to-end solution that ensures they provide comprehensive and tailored wealth planning advice under French tax laws.

What does Abbove's CEO say about the current market challenges?

Guillaume Desclée noted that navigating diverse tax legislations presents considerable challenges and emphasized the importance of a standardized information system for wealth planning.

How has Abbove evolved recently?

Abbove has transitioned from its former brand, PaxFamilia, to focus on innovative wealth technology solutions across Europe.

What role does Simulabox play in wealth planning?

Simulabox provides advanced tax and wealth advisory software, enabling advisors to create effective studies that make wealth management simpler for clients.

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