CITEC
CITEC is a B2B SaaS wealth management platform providing account aggregation, AI-driven portfolio analytics, rebalancing, tax-loss harvesting, and batch trading to private banks, RIAs, family offices, asset managers, wealth managers, and online brokers across the US, Spain, and via APIs.
- Company typePrivate
- Founded2022
- HeadquartersMiami, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What CITEC does
CITEC (legal name Citec Solutions) is a privately held B2B SaaS wealth management technology company founded circa 2022 and dual-headquartered in Miami, Florida (North America HQ) and Madrid, Spain (European HQ), with production servers hosted in a Canadian data center under Canadian legal jurisdiction. The company sells an end-to-end portfolio management, research, and AI platform to six target customer segments: private banks, RIAs, family offices, asset managers, wealth managers, and online brokers. The stated value proposition centers on enabling one advisor to manage 100 clients through automation versus traditional advisor-to-client ratios.\n\nThe platform is organized into three pillars: Portfolio Management (account aggregation across 1,000+ financial institutions, real-time analytics on 30,000+ assets, AI-optimized rebalancing with 3 objectives and 2 tax systems, AI-driven tax-loss harvesting, and batch trading through 4 integrated brokers covering 20,000+ assets); Research (screeners, comparator, strategic asset allocation referencing strategies from Dalio/Buffett/Browne, marketplace with 30+ model portfolios, proposal generation with 2,000 Monte Carlo simulations); and AI (AI Copilot combining 500+ external data sources with internal portfolio data, and AI Builder with 7 portfolio construction algorithms). Modular cloud APIs expose these capabilities on dedicated AWS infrastructure for fintech and institutional embedding. Supporting infrastructure includes Auth0 for identity/OAuth brokerage linking, Stripe for payments, Customer.io for messaging, and Google Analytics for usage telemetry. The company is GDPR-compliant and applies encryption at rest and in transit.\n\nCommercial operation follows a multi-channel GTM: enterprise direct sales (Calendly demo scheduling) targeting private banks, family offices, and asset managers; product-led growth via a free trial at app.citec.tech for mid-market advisors; and API-first OEM distribution for fintechs. Pricing is not publicly disclosed and appears quote-based for enterprise contracts. CITEC has raised €500,000 in disclosed funding (January 2023 angel round from business angels to support the Spanish market entry, with a publicly stated 2023 revenue projection of more than €1M), remains founder-led (CEO & Founder Fernando Domecq), and operates with a stated 1-10 employee base, six of whom are publicly identified across tech lead, full-stack, front-end, and marketing functions.
CITEC firmographics
Firmographics- Name
- CITEC
- Legal name
- CITEC Solutions
- Website
- https://citecsolutions.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- CITEC is a B2B SaaS wealth management platform providing account aggregation, AI-driven portfolio analytics, rebalancing, tax-loss harvesting, and batch trading to private banks, RIAs, family offices, asset managers, wealth managers, and online brokers across the US, Spain, and via APIs.
- Ownership category
- akta.pro rank
CITEC industry classification
Industry- Product category
- Wealth Management Software
- NAICS
- Portfolio Management and Investment Advice (523940), Software Publishers (513210)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Digital Wealth Platforms for Advisors (TAMP/Advisor Tech) (FSAGAEAH)
- akta.pro secondary industry
- Hybrid Advice (Advisor + Digital) Platforms (FSAAAAAE)
Keywords
Where CITEC is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
CITEC business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Platform Subscription: CITEC operates as a B2B SaaS platform providing wealth management technology to financial institutions. The platform offers portfolio management, AI tools, research, and analytics capabilities on a subscription basis. Access is provided through their E2E platform (app.citec.tech) with free trial and demo options.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
CITEC product offering
Product offeringCore offering
CITEC provides a unified cloud-based wealth management SaaS platform for financial advisors, RIAs, family offices, private banks, asset managers, wealth managers, and online brokers, covering account aggregation across 1,000+ institutions, real-time analytics on 30,000+ assets, automated rebalancing, AI-powered tax loss harvesting, batch trading execution, research and screening tools, and AI-driven portfolio construction and advisory via the Copilot and Builder modules. The company also sells modular Cloud APIs on dedicated AWS infrastructure for fintechs and financial institutions that want to embed portfolio, rebalancing, analytics, and trading capabilities into their own products.
Product overview
CITEC is a unified wealth management platform designed for financial advisors, RIAs, family offices, private banks, asset managers, and online brokers. The platform consists of three core pillars: Portfolio Management (Aggregator, Analytics, Rebalancing, Tax Manager, Trader), Research (Screeners, Comparator, Asset Allocation, Marketplace, My Research, Proposals), and AI (AI Copilot, AI Builder). The Portfolio Management platform provides end-to-end capabilities for account aggregation (1,000+ financial institutions), real-time analytics (30,000+ assets), automated rebalancing with AI optimizations, tax-efficient management, and batch trading execution. The Research suite enables asset screening, comparison, strategic allocation, curated marketplace access, and proposal generation. AI capabilities include a Copilot for conversational financial guidance and an AI Builder for portfolio construction. CITEC also offers modular APIs for enterprise integrations.
Differentiator
Problem solved
Functional benefit
Products and services
- CITEC Portfolio Management Platform End-to-end cloud-based wealth management SaaS platform providing portfolio control and operational efficiency, covering account aggregation (1,000+ financial institutions), real-time analytics on 30,000+ assets, AI-driven rebalancing, tax optimization, and batch trading execution, designed for private banks, RIAs, family offices, asset managers, wealth managers, and online brokers.
- CITEC AI Copilot Generative-AI virtual financial advisor providing real-time insights, portfolio guidance, and expert advice by combining 500+ external sources of information with internal portfolio data, tailored to advisors' and clients' investment goals.
- CITEC AI Builder AI-driven portfolio construction tool enabling investment portfolios to be crafted in three steps using seven optimization algorithms (Direct Indexing, Equal Weights, Market Cap, Max Diversification, Min Volatility, Risk Parity, Sharpe Ratio) across 300+ universes including 10,000+ global stocks, 100+ indexes, and 300+ thematic baskets.
- CITEC Cloud APIs Modular Cloud API product on dedicated AWS infrastructure enabling fintech startups and financial institutions to integrate portfolio analysis, rebalancing, trading execution, market data, and asset management capabilities into their own products, with JSON output for portfolio performance and risk assessment and modules covering Asset Allocation, AI Builder, Analytics, Rebalancing, Research, and Trader.
Quantifiable outcome
- One advisor can manage 100 clients with AI-driven tools (vs traditional ratios)
- +1 more outcomes
Companies that use CITEC
Customer profileSegments6 records
Ideal customer profiles6 records
CITEC technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability9 records
Feature8 records
CITEC partnerships and signals
Strategic signalScale indicators8 records
Recent moves7 records
Expansion highlights6 records
CITEC competitors and assessment
Company assessmentDirect peers
- Addepar: Wealth management technology platform serving RIAs, family offices, and private banks with portfolio analytics, aggregation, and reporting. Closely comparable to CITEC in target customer, modular SaaS architecture, and advisor-tech positioning.
- Orion Advisor Tech: TAMP/Advisor Tech platform providing portfolio management, rebalancing, trading, and reporting for RIAs and wealth managers. Directly comparable to CITEC's Portfolio Management pillar and the same enterprise RIA buyer.
- Envestnet Tamarac: Portfolio management, rebalancing, and reporting suite for RIAs within Envestnet's broader platform. Directly comparable to CITEC's Rebalancing, Analytics, and Tax Manager modules and the same advisor customer base.
- Black Diamond (SS&C): Portfolio management and reporting platform for RIAs and wealth managers, owned by SS&C. Direct competitor to CITEC's portfolio management and analytics offerings for the RIA segment.
- Morningstar Advisor Workstation: Advisor-facing investment research, portfolio analytics, and proposal generation platform. Directly comparable to CITEC's Research pillar and AI-driven proposal workflows.
Emerging players
- Advisor360°: Unified wealth management SaaS platform for broker-dealers, RIAs, and banks with portfolio management, analytics, and AI capabilities. Closely comparable in architectural philosophy and target buyer to CITEC.
- InvestCloud: Digital wealth platform providing portfolio management, analytics, and APIs for financial institutions. Comparable via its API-first go-to-market and modular wealth architecture similar to CITEC's.
- AdvisorEngine: Wealth management technology platform for RIAs and broker-dealers with portfolio management, rebalancing, and client portal tools. Comparable in scope and target market to CITEC's advisor offering.
- Riskalyze: Risk tolerance assessment and portfolio analytics platform for advisors. Overlaps with CITEC's analytics and AI Builder modules around risk-aware portfolio construction for the same RIA buyer.
Others
- Plaid: Financial data aggregation infrastructure used by fintechs and wealth platforms for account linking. Comparable as the underlying infrastructure layer that CITEC's Aggregator competes against for connectivity to 1,000+ institutions.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
CITEC social profiles
Digital presenceCITEC compliance and trust
Trust signalCompliance1 record
CITEC financial estimates
Financial estimateRevenue estimate
Valuation estimate
CITEC leadership team
Management profileNumber of profiles
Profiles6 records
CITEC funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CITEC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CITEC
What does CITEC do?
CITEC provides a unified cloud-based wealth management SaaS platform for financial advisors, RIAs, family offices, private banks, asset managers, wealth managers, and online brokers, covering account aggregation across 1,000+ institutions, real-time analytics on 30,000+ assets, automated rebalancing, AI-powered tax loss harvesting, batch trading execution, research and screening tools, and AI-driven portfolio construction and advisory via the Copilot and Builder modules. The company also sells modular Cloud APIs on dedicated AWS infrastructure for fintechs and financial institutions that want to embed portfolio, rebalancing, analytics, and trading capabilities into their own products.
Is CITEC a public or private company?
CITEC is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CITEC founded?
CITEC was founded in 2022. It employs 1 to 10 people.
Where is CITEC based?
CITEC is headquartered in Miami, United States, in the North America region.
How does CITEC make money?
One revenue line is on record: saaS Platform Subscription.
Who are CITEC's main competitors?
Direct peers on record are Addepar, Orion Advisor Tech, Envestnet Tamarac, Black Diamond (SS&C) and Morningstar Advisor Workstation. Emerging players are Advisor360°, InvestCloud, AdvisorEngine and Riskalyze. Plaid is listed as an others.
Does CITEC have an API?
Yes. CITEC offers modular Cloud API solutions for financial institutions and fintech startups. The APIs provide portfolio analysis, rebalancing, trading execution, market data, and asset management capabilities. Available modules include Asset Allocation, AI Builder, Analytics, Rebalancing, Research, and Trader. Multi-asset portfolio analysis supports JSON output for portfolio performance and risk assessment. Integration is achieved via dedicated AWS infrastructure with market data connectivity. Developer documentation is at citecsolutions.com/apis.
What industry is CITEC in?
CITEC's product category is Wealth Management Software. Its primary akta.pro industry code is FSAGAEAH, Digital Wealth Platforms for Advisors (TAMP/Advisor Tech), with a secondary code of FSAAAAAE, Hybrid Advice (Advisor + Digital) Platforms. Its NAICS code is 523940 and its SIC code is 6282.