First Citizens Launches Trust Services Platform via FundQuest

First Citizens Capital Management launched a FundQuest-powered platform for their wealth management business.

The platform, Capital Manager, will use FundQuest’s back office and technology support services, First Citizens said in a release. FundQuest is a provider of turnkey managed account solutions.

The company said the new program combines the benefits of fee-based managed accounts with the latest Web-based client services technology allowing wealth advisers to concentrate their efforts on relationship management and new client business development.

The platform features a detailed picture of a client’s financial position; the ability to outsource most administrative functions; and delivers access to sales collateral, investment research, and educational tools at any time of the day, according to the release.

Capital Manager also incorporates FundQuest’s investment models and a multi-manager solution, including mutual funds, exchange-traded funds (ETFs), separately managed accounts, and general securities.