Case Study: StratWealth boosts efficiency and profit margin with Orion Advisor Tech

How StratWealth is Turning Heads by Switching to Orion

StratWealth, a financial advisory firm managing over $1.3 billion in assets, was hindered by outdated legacy technology that created significant operational inefficiencies. Their system was slow, requiring hours of daily manual data reconciliation, and processes like quarterly billing were entirely manual, costing the firm hundreds of hours and damaging staff morale. Seeking to grow, StratWealth partnered with vendor Orion Advisor Tech to modernize its technology stack.

Orion implemented its platform to automate and streamline StratWealth's operations. The solution included migrating all client data and accounts, which eliminated daily data downloads and manual fee processing. The results were dramatic: the firm saved over 800 hours per quarter on billing alone, cut client meeting prep time by 75%, and improved its profit margin by nearly 40%. Orion's technology also helped StratWealth increase revenue by 16% while significantly reducing operating costs.

StratWealth

Jim DeCarlo

Chief Executive Officer