
Orion Advisor Tech
Partners & Customers
10Service Providers
1About Orion Advisor Tech
Orion Advisor Tech is a financial technology solution company. The company offers performance reporting, trading and rebalancing, tax lot accounting, advisory fee billing, portfolio management system, mobile apps, CRM integration, financial planning integration, and new account opening.
Latest Orion Advisor Tech News
Nov 28, 2023
Author of the article: Article content VANCOUVER, British Columbia, Nov. 28, 2023 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the “Company”) is pleased to announce that it has signed definitive agreements with OMRF (BK) LLC (“Orion”), which is managed by the Orion Resource Partners Group, for US$100 million in non-dilutive financing (the “Funding Package”) to advance the development of the Chvaletice Manganese Project (the “Project”) in the Czech Republic. We apologize, but this video has failed to load. Try refreshing your browser, or Highlights THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, Victoria Wells and others. Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, Victoria Wells and others. Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. REGISTER TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. or Article content The US$100 million Funding is split into two US$50 million components: A US$50 million loan facility, convertible into a 1.29-1.65% royalty on Project revenues (the “Convertible Loan Facility”), with US$20 million to be received upon closing and an additional US$30 million received upon meeting milestones that have been developed together with Orion to match Euro Manganese’s plans on a Final Investment Decision (“FID”); and Receipt of US$50 million in exchange for a 1.93-2.47% royalty on Project revenues following FID (the “Royalty Financing”) by the Company’s Board of Directors and other conditions precedents typical for this type of financing. The royalties in both agreements have an embedded sliding scale mechanism. The royalties will be calculated on a quarterly basis and the sliding scale rate is dependent on the high-purity manganese products prices achieved during the respective quarter. As the realised price increases from a lower price forecast to a higher price forecast, the royalty rates decrease from the higher royalty rate down to the lower royalty rate. Advertisement 3 Article content All aspects of the Funding Package were structured to meet Project finance bankability requirements. Both the Convertible Loan Facility and the Royalty Financing sit alongside, and reduce, the project finance debt and equity required for the full Project financing. Closing is expected prior to month end and proceeds from the Funding Package will fund development activities related to the advancement of the Project, including G&A expenses related to the Project, which, as the only manganese resource in the European Union, is of strategic importance to domestic electric vehicle battery supply chains and the energy transition. In connection with the Funding Package, Orion have an off-take option of between 20-22.5% of the Project’s high-purity manganese total production for a term of 10 years from first delivery, matching the commercial terms of the Company’s sales. Dr. Matthew James, President & CEO of Euro Manganese, commented: “This is a transformative transaction for Euro Manganese, providing a Funding Package that facilitates the best possible pathway to a final investment decision and representing a collaboration between Euro Manganese, Orion, and Stifel. The non-dilutive, tranche structure minimises cost of funds and reduces future project financing requirements. This further validates the robust nature of the Chvaletice Project and our Team’s ability to deliver this strategic battery raw material project for Europe to the highest of standards.” Top Stories Article content Stifel Nicolaus Europe Limited (“Stifel”) is acting as financial advisor to the Company and Norton Rose Fulbright LLP is acting as legal counsel to the Company. In connection with the Funding Package, the Company has agreed to pay a cash placement fee equal to 2.5%, due and payable to Stifel on the date of closing of each portion of the Convertible Loan Facility, and on the closing of the Royalty Financing. About Euro Manganese Euro Manganese is a battery materials company focused on becoming a leading producer of high-purity manganese for the electric vehicle industry. The Company is advancing development of the Chvaletice Manganese Project in the Czech Republic and exploring an early-stage opportunity to produce battery-grade manganese products in Bécancour, Québec. The Chvaletice Project is a unique waste-to-value recycling and remediation opportunity involving reprocessing old tailings from a decommissioned mine. It is also the only sizable resource of manganese in the European Union, strategically positioning the Company to provide battery supply chains with critical raw materials to support the global shift to a circular, low-carbon economy. Advertisement 5 Article content Euro Manganese is dual listed on the TSXV and the ASX and is also traded on the OTCQX. About Orion Resource Partners Group The Orion Resource Partners Group is an $8.2 billion global asset management firm that specializes in institutional investment strategies in precious and energy transition metals and minerals. Headquartered in NYC and with offices in Denver, London, and Sydney, The Orion Resource Partners Group includes a team of 80 professionals with backgrounds in metals finance, physical metals logistics and sales, and in-house technical professionals responsible for risk assessment and portfolio management. Authorized for release by the CEO of Euro Manganese Inc. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the ASX accepts responsibility for the adequacy or accuracy of this release. Inquiries Article content Forward-Looking Statements Certain statements in this news release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company, its Chvaletice Project, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as “may”, “would”, “could”, “will”, “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict” and other similar terminology, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such forward-looking information or statements include, but are not limited to, statements regarding the Company’s intentions regarding the development and advancement of the Chvaletice Project, the closing of the first tranche of the Convertible Loan Facility and related US$20 million draw down, closing of the second tranche of the Convertible Loan Facility and related US$30 million draw down, conversion of the loan into a royalty, the rates of the respective royalties that may be granted, the Company’s ability to meet the conditions precedent required to trigger funding obligations or sale of the royalty, the Company’s ability to advance the Project if it receives some or all of the Funding Package, the Company’s ability to satisfy the conditions precedent and make a final investment decision in order to complete the sale of the US$50 million royalty and the Company’s ability to meet Project finance bankability requirements and secure additional project finance debt and equity required to fund the full development of the Project. Advertisement 8 Article content Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. All forward-looking statements are made based on the Company’s current beliefs including various assumptions made by the Company and information currently available to the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks and uncertainties related to the ability to obtain, amend, or maintain necessary licenses, or permits; risks related to acquisition of surface rights; risks related to granting security; securing sufficient offtake agreements; the availability of acceptable financing for developing and advancing the Chvaletice Project and for continued operations; the availability and reliability of equipment, facilities, and suppliers necessary to complete development; the ability to develop adequate processing capacity with expected production rates; timing to start of production and total costs of production; the presence of and continuity of manganese at the Chvaletice Project at estimated grades; the potential for unknown or unexpected events to cause contractual conditions to not be satisfied; developments in EV (Electric Vehicles) battery markets and chemistries; and risks related to fluctuations in currency exchange rates, changes in laws or regulations; and regulation by various governmental agencies. For a further discussion of risks relevant to the Company, see “Risk Factors” in the Company’s annual information form for the year ended September 30, 2022, available on the Company’s SEDAR+ profile at www.sedarplus.ca. Advertisement 9 Article content Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release. Article content Share this article in your social network Share this Story : Orion Resource Partners to Support Euro Manganese with US$100 Million Funding Towards the Development of the Chvaletice Manganese Project
Orion Advisor Tech Acquisitions
3 Acquisitions
Orion Advisor Tech acquired 3 companies. Their latest acquisition was HiddenLevers on March 09, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
3/9/2021 | Acquired | 2 | ||||
6/29/2020 | ||||||
7/11/2019 | Series A |
Date | 3/9/2021 | 6/29/2020 | 7/11/2019 |
---|---|---|---|
Investment Stage | Series A | ||
Companies | |||
Valuation | |||
Total Funding | |||
Note | Acquired | ||
Sources | 2 |
Orion Advisor Tech Partners & Customers
10 Partners and customers
Orion Advisor Tech has 10 strategic partners and customers. Orion Advisor Tech recently partnered with Nitrogen Growth Platform on March 3, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
3/29/2023 | Licensee | United States | Riskalyze and Orion Release Enhanced Integration `` Today 's enhancements greatly improve the integration process and make Orion Portfolio Solutions accounts feel native inside of Riskalyze . | 2 | |
12/9/2021 | Licensor | United States | Skience Adds SEC 17a-4 Compliant Storage, Redtail Integration to Celebrate 20th Anniversary `` Whenever we can empower Redtail users by putting more of the information they need to perform their jobs effectively directly in front of them , we jump on those opportunities ; that 's exactly what this partnership with YCharts allows us to do , '' said Brian McLaughlin , Redtail 's Chief Executive Officer . | 1 | |
8/12/2021 | Partner | United States | The integration between Andes Wealth Technologies and Orion Advisor is designed to help advisors create a better client experience while streamlining their workflows . | 3 | |
1/27/2021 | Partner | ||||
1/1/2021 | Partner |
Date | 3/29/2023 | 12/9/2021 | 8/12/2021 | 1/27/2021 | 1/1/2021 |
---|---|---|---|---|---|
Type | Licensee | Licensor | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | Riskalyze and Orion Release Enhanced Integration `` Today 's enhancements greatly improve the integration process and make Orion Portfolio Solutions accounts feel native inside of Riskalyze . | Skience Adds SEC 17a-4 Compliant Storage, Redtail Integration to Celebrate 20th Anniversary `` Whenever we can empower Redtail users by putting more of the information they need to perform their jobs effectively directly in front of them , we jump on those opportunities ; that 's exactly what this partnership with YCharts allows us to do , '' said Brian McLaughlin , Redtail 's Chief Executive Officer . | The integration between Andes Wealth Technologies and Orion Advisor is designed to help advisors create a better client experience while streamlining their workflows . | ||
Sources | 2 | 1 | 3 |
Orion Advisor Tech Service Providers
1 Service Provider
Orion Advisor Tech has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Merger | Investment Bank | Financial Advisor |
Service Provider | |
---|---|
Associated Rounds | Merger |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
Orion Advisor Tech Team
5 Team Members
Orion Advisor Tech has 5 team members, including current Chief Executive Officer, Eric Clarke.
Name | Work History | Title | Status |
---|---|---|---|
Eric Clarke | Chief Executive Officer | Current | |
Name | Eric Clarke | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | ||||
Status | Current |
Compare Orion Advisor Tech to Competitors

Addepar offers a software and data platform focusing on wealth, investment, and asset management. The company provides a platform that aggregates portfolio, market, and client data, enabling investment professionals to make informed, data-driven decisions. It primarily serves professional wealth management firms, investment firms, and asset management firms. The company was founded in 2009 and is based in Mountain View, California.
Orion is a company that focuses on providing technology-enabled solutions in the wealth management and financial advisory industry. The company offers a range of services including portfolio accounting, client relationship management, risk intelligence, compliance, financial planning, and wealth management. These services are designed to facilitate the entire wealth management process, from managing client relationships to understanding risk and opportunity. Orion was formerly known as NorthStar Financial Services Group. It was founded in 2003 and is based in Omaha, Nebraska.

d1g1t is a digital wealth management platform. The company offers portfolio management services and risk reporting to advisors and their individual investors. d1g1t was founded in 2016 and is based in Toronto, Ontario.

FNZ Group focuses on wealth management in the financial sector. It offers a global wealth management platform that integrates technology with business and investment operations. The company primarily serves financial institutions and wealth managers. FNZ Group was founded in 2003 and is based in London, United Kingdom.

InvestCloud offers the securities industry collaborative cloud-based solutions. Equipped with its cloud delivery model, InvestCloud develops and deploys custom, scalable solutions with pace setting efficiency for asset managers, fund of funds, Investment Advisors, and the managers of pensions and endowments. These high-impact business solutions collaborate seamlessly with other technologies such as custodians and line-of-business applications, processes, and even allow businesses to leverage their existing infrastructure.

PureFacts provides financial asset management services. It offers enterprise wealth management and asset management solutions for financial services. The company was founded in 2010 and is based in Toronto, Canada.
Loading...