The Wealth Engineering Family of Companies (WE) has expanded its existing partnership with Alternative Investment Exchange (AIX), which offers an alternative investment platform.

AIX will remain as the exclusive provider of its alternative investment ecosystem for the WE network of over 2,100 wealth management firms.

Wealth Engineering CEO and founder Nick Gregory said: “We are excited to deepen our partnership with AIX as part of our Consortium of Expert Sourcing Firms.

“Their national presence, expertise and unparalleled ‘exchange’ of alternative investment sponsors, transfer agents, custodians and fund administrators make their straight-through platform a natural fit for the wealth advisory firms that the WE Family of Companies consults with.”

AIX’s digital platform is designed to help wealth managers to manage their product menu, support their respective brand and client experiences.

This platform is also designed to authentically automate the complete alternative investment process while minimising friction.

In addition, it is capable of mitigating risk, and delivering value across all alternative investing stakeholder groups, such as wealth managers, asset managers, custodians, transfer agents, and fund administrators.

Commenting on the development, AIX COO Brad West said: “Our Platform seamlessly connects all parties; from wealth managers and intermediaries to asset managers and administrators. Wealth Managers can access our diverse portfolio of fund managers and products across every alternative investment structure.”

WE provides multi-disciplinary portfolio of situational consulting to more than 2,100 wealth management, investment, insurance, accounting, and law firms across the US.

It has a consortium of independent expert sourcing firms to enable wealth advisors better unify with the wealth ecosystems of families and businesses through its WealthEngineering and OpenOption Practice Programmes.