Milemarker Enhances Wealth Management Data Solutions with AI-Ready Technology Audit and Proprietary Data Model

Milemarker, a fintech firm specializing in wealth management technology, has expanded its comprehensive data solution offerings to include technology audit services, data strategy consulting, and the industry-leading Milemarker Data Model. These enhancements are specifically designed to help financial advisors maximize their data strategy effectiveness and unlock the full potential of their data warehouses, enabling them to harness artificial intelligence capabilities. The company partners with leading cloud providers including Snowflake, Amazon Web Services, Microsoft Azure, and Google Cloud to deliver best-in-class data solutions that provide financial advisors with complete ownership and control of their data assets.

The centerpiece of Milemarker's offering is the proprietary Milemarker Data Model, an industry-specific framework that helps financial firms connect all their data sources with advisors, clients, and team members. Unlike generic data solutions, this model is uniquely built for wealth management firms including RIAs, IBDs, and advisor platforms, tailored to each firm's specific data rules, and designed to be future-proof by adapting to evolving advisor needs. The model features universal user IDs that allow advisors, clients, and team members to unite their data regardless of the system of origin, creating a cohesive system that supports better decision-making and enhances client outcomes.

The importance of these enhancements is underscored by research from Accenture's AI in Wealth Management study, which revealed that 83% of financial advisors believe AI will have a direct, measurable impact on client-advisor relationships, while 80% view AI as essential for automating manual tasks and 90% believe AI can help grow their business by more than 20%. Despite this optimism, many firms lack the foundational data infrastructure needed to enable AI to deliver actionable insights. Milemarker addresses this challenge by combining proprietary data solutions with comprehensive technology audits that assess firms' tech stacks and identify optimization opportunities, along with data strategy roadmaps that provide clear plans for leveraging data and technology to align with business objectives.

Milemarker's platform, Firm Intelligence, seamlessly integrates with all major wealth-tech platforms, offering advisors a single source of truth for their data, automated workflows to save time and reduce inefficiencies, and AI-ready data to unlock deeper client insights and growth opportunities. The company distinguishes itself from competitors by ensuring advisors retain full control of their data through partnerships with world-class cloud providers, built-in cloud compliance controls, and ongoing support to help firms adapt their strategies over time. This comprehensive approach enables financial advisors to move beyond fragmented data systems and transform their operations into truly data-driven enterprises capable of maximizing ROI and focusing on business growth and client service effectiveness.