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Wealth management is a $50 trillion industry built on trust and long-term relationships, but its infrastructure hasn’t kept pace. Advisors often still rely on fragmented, manual systems that strain time and talent. As client expectations rise and margins tighten, we believe the need for scalable, AI-powered infrastructure is particularly strong now.
At ICONIQ, we’ve seen firsthand how legacy tools and disconnected workflows limit advisor capacity and client experience, and we’ve been long awaiting a platform that reimagines the advisor workflow from the ground up. When we met Mark Swan (CEO), Philipp Burda (CPO), and Ivan Chalov (COO) – who left Revolut to build exactly that – we knew we had to partner with them. From our first conversations, it was clear to us that they were creating what the industry had been missing.
We’re thrilled to announce our partnership with Nevis as they announce their Series A and support their mission to build the AI operating system for financial advisors.
Nevis helps wealth management firms modernize and automate their operations by unifying fragmented systems into a single, AI-powered platform. It integrates data across CRM, portfolio reporting, planning, custodial, communication, and file storage tools, creating a unified data layer that becomes the firm’s system of record. On this foundation, Nevis automates end-to-end workflows such as client onboarding, meeting preparation, and compliance. The result is a smarter, more efficient organization where advisors can focus on what matters most - advising their clients, instead of manual, administrative tasks. Beyond that, operations teams can streamline processes and executives benefit from real-time visibility into business performance.
Nevis came at an opportune time for the wealth management industry. AI capabilities are accelerating, regulatory and cost pressures are mounting, and consolidation across wealth management is driving demand for scalable, intelligent systems. Less than a year into their journey, we believe the team at Nevis has already set a new bar for innovation in wealth management. Their combination of deep technical expertise and real-world understanding of financial infrastructure has earned early partnerships with leading RIAs and family offices. From day one, their ambition and pace of execution jumped out, and their early customer results made it clear to us that Nevis is driving meaningful gains in efficiency, productivity, and client experience.
Mark began his career as an investor focused on financial services, where he spent years evaluating and partnering with wealth management companies. Later, he worked closely with Philipp, who led AI product strategy at Revolut, and Ivan, who served as General Manager to Revolut’s consumer business, one of the company’s most complex, high-scale operations. Together, we believe the trio brings a blend of domain insight, product excellence and operational depth.
We believe Nevis represents a unique combination of domain experience and technical depth in a large market that is ripe for change. The company is expanding its product and engineering teams, deepening its presence with U.S. wealth managers, and rebuilding the fragmented tech stack that has long held the industry back. We’re honored to welcome Nevis to the ICONIQ family and excited to partner with the team as they seek to redefine the future of wealth management with their end-to-end AI operating system.
Published:
December 1, 2025
