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DriveWealth announced a partnership with Plaid via one API integration. AlphaTrAI announced that Bruce Lavine has been named President, Asset Management. MAI Capital will acquire Ownership Advisors Inc. (OAI). BrightPlan closed a $9.5 million Series A funding round. SEI acquires defunct adviser fintech platform Oranj. Derek Bruton to Leave Kingswood U.S. Capitolis closed on a USD 90 million Series C funding round led by Andreessen Horowitz (a16z). Avantax, acquired GuideVine Technologies, Inc. (GuideVine) and its proven lead-generation and marketing platform. Netwealth secured its fourth round of fundraising with total investment reaching £38m.

DriveWealth

DriveWealth announced a partnership with Plaid, a data network powering the digital financial ecosystem, that enables mutual customers of the companies to simplify online investment account funding via one API integration.

Find details here.

AlphaTrAI

AlphaTrAI, Inc., a venture-backed, asset management firm that delivers alpha through transformative artificial intelligence, announced that Bruce Lavine has been named President, Asset Management. Reporting to AlphaTrAI CEO Andreas Roell, Mr. Lavine oversees AlphaTrAI’s distribution, product design, strategy development and talent recruitment as the firm continues to grow and modernize the asset management space.

Find details here.

MAI Capital

MAI Capital will acquire Ownership Advisors Inc. (OAI), a Cleveland, Ohio–based registered investment advisor with approximately $120 million in assets under management, according to an announcement.

Find details here.

BrightPlan

BrightPlan announced that it has closed a $9.5 million Series A funding round led by the Fremont Group and the Cynosure Group, and joined by Still Capital Partners and Hawk Partners.

Find details here.

Oranj

SEI acquires defunct adviser fintech platform Oranj.

Find details here.

Kingswood | WealthTech Club

Derek Bruton to Leave Kingswood U.S.

Find details here.

Capitolis

Capitolis, which makes technology for markets players such as investment and merchant banks, has closed on a USD 90 million Series C funding round led by Andreessen Horowitz (a16z).

Find details here.

Avantax

Avantax, the wealth management business of Blucora, Inc. (NASDAQ: BCOR), a provider of technology-enabled, tax-focused financial solutions, has acquired GuideVine Technologies, Inc. (GuideVine) and its proven lead-generation and marketing platform.

Find details here.

Netwealth

Netwealth, the money manager backed by a string of leading City figures, has secured its fourth round of fundraising with total investment reaching £38m.

Find details here.

Guide: How can a BNPL solution grow?

About INSART

INSART is a Fintech engineering partner with outstanding knowledge and experience in developing Fintech solutions, assembling dedicated teams for Fintech projects, and managing them in a long-term perspective. We teach our developers financial concepts and foster a culture of financial literacy and well-being across the company. Our expertise saves you at least 25% time comparing to teams inexperienced in the business domain area. Contact Vasyl Soloshchuk to learn details. Visit site. INSART is a leading partner of WealthTech Club.

WealthTech Weekly April 12, 2021

WealthTech Weekly April 12, 2021

Lifeworks Advisors launched a new thought leadership video podcast series – The Future of Advice™. Acorns has acquired Pillar, an AI-powered startup. Apella Capital announced that Calandra Financial has joined the firm.

WealthTech Weekly March 29, 2021

WealthTech Weekly March 29, 2021

DriveWealth announced their partnership with Alinea. Kingswood U.S. launched an all-digital alternative investment platform powered by WealthForge and Altigo. First Rate announced the release of a completely redesigned and enhanced technology platform.

WealthTech Weekly March 22, 2021

WealthTech Weekly March 22, 2021

benjamin announced the release of a ground-breaking industry research report on the benefits that accrue by deploying an AI-driven Business Support System (BuSS). Pollinate announced it has closed a $50 million Series C…

WealthTech Weekly March 15, 2021

WealthTech Weekly March 15, 2021

DriveWealth announced a partnership with Hemista. Foreside has surpassed $160 billion in ETF assets distributed on its platform and acquired the regulatory compliance business of JG Advisory Services LLC. ChoiceWORX announces collaboration with automation…

WealthTech Weekly March 8, 2021

WealthTech Weekly March 8, 2021

intelliflo creates a new global leader in financial advice technology. INVENT announced the appointment of Larry Roth as a Strategic Advisor. Hub International acquires the assets of Ohio-based Benefit Strategies Agency, LLC and Affiliate. 

WealthTech Weekly March 1, 2021

WealthTech Weekly March 1, 2021

Morningstar’s Kunal Kapoor Joins Wealth Enhancement Group’s Board of Directors. Junior Achievement USA (JA) announced the launch of JA BizTown Adventures. Web apps protection firm PerimeterX raised USD 57 mln.

WealthTech Weekly February 22, 2021

WealthTech Weekly February 22, 2021

MoneyLion to go public via $2.9B SPAC merger. AdvicePay announced a new technology integration with Salesforce. Farpointe Wealth Partners, LLC announced that Schexnayder Wealth Advisors has joined the team. 

WealthTech Weekly February 15, 2021

WealthTech Weekly February 15, 2021

Human Interest tacked on another $55 million to its Series C. Envestnet | MoneyGuide and MaxMyInterest announced an integration. Brown Wealth Management’s acquisition of Truuwater Financial forms a $1.2 billion in AUM…