West Hollywood-based InvestCloud Inc. has been selected by Bunker to partner on and launch a digital investment platform. Bunker, which is based in San Francisco, said the platform is designed to help affluent Latin American investors more easily open and manage investment accounts in the U.S. market.

Custody and brokerage services for the new platform will be provided by Apex Fintech Solutions Inc., a financial technology firm that provides investors with services including custodial and advisory support, digital asset management and cryptocurrency trading. Theplatform’s launch date has not been announced.

“We’re very excited to be launching this solution for so many Latin Americans that are looking for an easy and friendly way to invest in safe, well-regulated markets to achieve their long-term financial goals,” Bunker Chief Executive and co-founder Francisco Sosa del Valle said in a statement. 

InvestCloud has more than $6.5 trillion in assets under management and 28 million open accounts. While based in West Hollywood, the cloud-based platform has more than 20 global offices and 140,000 individual financial advisers. InvestCloud has a large library of financial applications that provide management services for turnkey assets, liquidity, exposure and risk, billing, compliance regulation and reconciliation. 

Bunker said its new platform will utilize InvestCloud’s technology to provide users with tailored communication and consulting services, as well as automatic onboarding. The application’s website calls it an “all-in fully automated investment” service that builds clients a suggested investment portfolio and offers digital account set-up. Bunker itself serves high net-worth investors in Latin America with digital investment management and financial education services. 

“We’re excited to be partnering with Bunker to bring a truly unique proposition to Latin American markets,” InvestCloud chief strategy officer Will Bailey said. “With this solution, affluent and high net-worth individuals across the region will have unprecedented access to digital advice and investing in U.S. markets.”