Independent advisers are always concerned about their clients and their own exposure to the growing sophistication of online threats. To provide user security and protection for independent advisers, Beverly Hills Wealth Management (BHWM) has launched a separate technology offering for independent financial advisers. Called Maestro Advisory Services, the new offering will be managed independently by BHWM CIO John Stuart.

The flagship application portal of the offering, Maestro, will enable independent financial professionals to orchestrate cloud-managed SaaS (News - Alert) applications with an enterprise injection of security, access and Single Sign-On tools. BHWM has partnered with McAfee to offer a Single Sign-On solution that allows employees to access all the functionalities of financial software they use every day from behind a secure, firm-branded shield. The security integrity of the portal is similar to that offered at the largest international warehouses.

In addition, advisors can use Maestro to connect their existing applications, online tools, and software partners to a warehouse-grade employee portal for easy, Single Sign-On access and team collaboration. Using Maestro Marketplace, advisors can shop for new services and tools to enhance their client offering.

Unlike other similar solutions that typically re-sell a Citrix or virtualization environment for basic delivery of productivity applications, Maestro allows firms to move to the cloud and leverage SaaS tools, leaving a virtual application environment behind.

With Maestro, advisers can have peace of mind with the knowledge that they are equally as secure as major institutions. Ease of use due to single sign-on access to the ecosystem of tools and applications ensures adoption of the service.

“Cerulli estimates RIA and Dually Registered RIA Advisor headcount will increase by almost 10,000 advisors by 2016,” Stuart said in a statement. “And as it sits, the second that happens, all of them will be incredibly exposed to the technology dangers that come with independent financial technology services. Maestro helps to eliminate that threat, offering RIAs enhanced peace of mind, and offers their clients the same luxury.”