AdvisorBid
Financial ServicesUnited States2-10 Employees
AdvisorBid is a United States–based financial services company with a small team that plans to modernize how wealth management relationships are exchanged. It is developing a marketplace to mint, buy, sell, and transition wealth management NFTs that symbolize the ownership of an advisor–investor relationship, with transactions conducted on the XRP Ledger, and it references a cryptocurrency-like asset called ADV to facilitate these NFT transactions. It targets financial advisors—across broker-dealers, RIAs, and hybrids—along with wealth management firms and investors, aiming to help advisors connect with investors nationwide and to facilitate the transfer or sale of advisory books. Companies can use the platform to grow a pipeline of active advisors, track engagement with profiles, and support event outreach and advertising. Investors may be matched with new advisors and obtain responses to common money questions.