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David Benskin

Founder & CEO at Wealth Access, Inc. @ASmarterLook

David Benskin is the former Founder & CEO of Wealth Access, Inc., an enterprise customer data insights platform that revolutionizes financial services by unifying data to create hyper-personalized banking and wealth management experiences.

With a background in Economics from the University of Tennessee, Knoxville, and a Leadership Development Program from The Wharton School, David Benskin has honed his skills in the financial industry.

Prior to his role at Wealth Access, David held key positions at Merrill Lynch Wealth Management, including First Vice President - Investments, Private Wealth Advisor, and Financial Advisor.

Under David Benskin's leadership, Wealth Access has grown to support over 200 customers with assets exceeding $571 billion, serving some of the largest RIAs and banks in the United States.

His innovative approach to data unification has transformed the way financial professionals engage with clients, leading to improved customer loyalty and increased revenue.

David Benskin's expertise lies in leveraging enterprise-class solutions to create comprehensive financial insights that drive business growth and enhance customer experiences.

Highlights

Aug 28 · linkedin

🚀 Join our growing team at Wealth Access, Inc.! 🚀 We're looking for a Sales Engineer with expertise in wealth and/or bank technology. As a Sales Engineer, you'll play a crucial role in showcasing the value of our solutions to clients. Your responsibilities include supporting the GTM team in product demos and fostering collaboration between GTM & R&D teams internally. #Fintech #Hiring #SaaS

Jun 26 · linkedin

Excellent perspective on the State of the US Wealth Management Industry provided by Alvarez & Marsal Michael Horvath Greg Parets Susan Stinson, MBA Mark Graham positioning wealth management growth at the center of strategic agendas for regional banks.

Wealth is able to provide a stable fee income and leverage advantages in client relationship consolidation. We are also seeing wealth being prioritized by banks today to replace revenues due to declining NII and other factors impacting growth.

Two of the themes in the report discuss growth and technology. We are seeing our bank clients significantly enhance organic growth by capitalizing on the low single-digit percentage of bank customers who are also wealth clients. By cross-selling retail bank and business bank customers to private banking/wealth, banks can leverage the strong relationships they have with their clients, enabling them to tap into a substantial cross-selling opportunity.

Regarding technology there is a critical need for core systems interoperability. We see it start with banks unifying their own data from core systems without requiring a conversion or client-directed aggregation. By doing this banks provide a "one wealth" that encompasses wealth across brokerage, trust RIA, etc. and integrate wealth within digital banking, which is essential for creating a seamless user experience and enhancing client engagement.

Wealth Access, Inc. aligns with these strategic themes, and partners with banks today to enhancing organic growth, providing integrated technology solutions, and delivering a high #ROI through its comprehensive wealth management platform.

You can check out the latest trends in the industry by accessing their report here: https://lnkd.in/gkeJtGEq

David Benskin
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Location

Nashville, Tennessee, United States