Datalign

Datalign matches prospective individual investors with unaffiliated, registered third‑party investment advisers through a fully interactive internet‑based platform. The firm does not manage investors’ assets, does not charge fees to investors, and instead is compensated by Participating Advisers for introductions.

The platform uses detailed, self‑reported questionnaires (age, investable assets, income, desired services, time to retirement, location, and risk tolerance) and screens Participating Advisers for registration status and disciplinary history to form initial matches. Introductions are point‑in‑time: once an introduction is made investors and advisers communicate outside the platform and Datalign does not monitor accounts, recommend specific securities, or provide ongoing portfolio management.

Datalign’s model is notable for operating solely online and for relying on referral fees from Participating Advisers rather than percentage‑of‑AUM charges or providing portfolio management for individuals. The brochure discloses related conflicts of interest—such as using an auction to select among equally suitable advisers willing to pay higher referral fees—and describes relationships with third‑party internet companies that market or host Datalign content.