Cultivation Capital, a leading St. Louis based early stage venture capital firm announced today a strategic investment in Wealth Access, an innovative high net worth personal financial management platform for financial advisors. Cultivation Capital also announced today the availability of a new reporting system for its limited partner investors to be able to receive up to date, transparent reporting for their private equity investments through Wealth Access's most recent fund reporting release.

Powered by Wealth Access' innovative and comprehensive aggregation capabilities, and new fund reporting system, Cultivation Capital will provide a detailed view of investors' complete holdings in addition to most recent portfolio company's valuation. Limited partners of Cultivation Capital will also receive important tax documents such as K-1's electronically. The availability of K-1's through Wealth Access will dramatically speed up tax preparation for private equity investors, and limit the frustration of tracking down tax documents, a notoriously frustrating experience for investors in private equity.

Wealth Access will also add Cultivation Capital General Partner, Rick Holton, to its Board of Directors. 'David Benskin's experience as a financial advisor at Merrill Lynch is a critical part of the successful Wealth Access model,' said Holton. 'He personally spent hours and hours trying to pull numbers from different places when he realized there has to be an easier way to collect this information. Wealth Access is becoming a leader in wealth management technology by bringing in scattered pieces of data into one clear, complete picture.'

'We are extremely excited to be able to participate in the early growth stages of Wealth Access,' said Holton. 'Their momentum and success in the wealth management industry has been remarkable and validates the large need for this type of technology for financial advisors, which can also be leveraged by high net worth investors and private equity firms to more transparently report on their investments.'

In only its third year, Wealth Access now reports on $7 billion, adding an additional $600 million per month, up from $250 million per month in 2013.

'The demand from advisors for new technology solutions to better serve their existing high net worth clients as well as to tap into the massive next generation of investors is growing dramatically,' said David Benskin, CEO and Founder of Wealth Access. 'As a result, we are seeing fast adoption of Wealth Access by many of the leading firms in the industry.'

Wealth Access provides an integrated technology platform that many industry experts are calling, 'A high net worth, Mint.com for advisors.' Through its easy to understand interface, advanced aggregation capabilities, including managing over 20,000 data feeds from virtually every financial institution, along with additional advanced reporting capabilities, Wealth Access provides an innovative and user-friendly way for advisors to provide their clients with a holistic view of all of their assets and liabilities, in one place, that is optimized for all mobile devices.

Advisors are able to leverage Wealth Access' dashboards and multi-generational wealth views to roll up client information, better manage their relationships, as well as track money movements and opportunities for rebalancing. Collaboration with clients' other professionals, such as their accountant and attorney, is facilitated through advanced secure, sharing capabilities, positioning advisors as the quarterback of their client's financial lives.

Wealth Access is a recent graduate of the exclusive, St. Louis based, 'SixThirty Fin Tech' accelerator program. 'We are extremely grateful for the amazing reception we have received from the industry in such a short time,' said Benskin. 'Our rapid growth has enabled us to grow our team to 17 of the top technologists, developers, analysts, CFAs, CFPs and CPAs in the industry, up from just 2 of us a couple of years ago. '

According to Benskin, 'We look forward to continuing to work with the great team at Cultivation Capital and becoming an active thought leader in the wealth management industry on how advisors can better serve their clients, tap into new markets and efficiently grow their businesses.'

About Cultivation Capital

Cultivation Capital is a St. Louis-based early stage Venture Capital firm investing in high potential technology companies throughout the Midwest. Cultivation Capital is managed by a team of experienced entrepreneurs, who have started more than 25 companies, raised more than $200 Million dollars and had several successful exits. For more information, visit http://www.cultivationcapital.com.

About Wealth Access

Wealth Access is an innovative wealth management technology firm that provides reporting solutions for the high net worth advisor and investor community. Its proprietary and diagnostic cloud-based platform aggregates information from more than 20,000 financial services institutions and various holdings to deliver an aggregated view, allowing for better decision support in investments, tax planning, insurance and other complex situations faced by high net worth individuals. Founded by a former Merrill Lynch high net worth advisor, Wealth Access provides a complete platform for advisors to collaborate with other professionals and position themselves central to their clients' lives. Headquartered in Nashville, TN, Wealth Access is backed by successful investors from Black Diamond Performance Reporting, Investment Scorecard, Square, Cultivation Capital, Cap Gemini and other notable wealth management technology platforms. For more information, please log on to http://www.wealthaccess.com.