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Empower Retirement plans to launch a new platform that will offer consumers integrated access to investment advice, financial planning, and insurance. GPS Wealth Management, a wealth management firm from Plymouth, implemented Riskalyze to ensure the portfolio risk level is appropriate for each client. AlphaCore Technologies releases version 1.0 of factorE – a fintech tool for intelligent investing.

DriveWealth partners with Say, a technology company offering new tools for shareholder voting and engagement. Capitect partners with the Alliance of Comprehensive Planners (ACP) to provide client portal and performance reporting technology to the organization’s members. New Constructs partners with TD Ameritrade to empower their clients to make more informed decisions with New Constructs research.  iCapital Network has got a strategic investment in the company’s latest financing round from JPMorgan Chase & Co.

Empower Retirement

Empower Retirement announced plans to launch a digital consumer-focused wealth management platform designed to deliver a robust suite of financial services for new and existing Empower Individual Retirement Account customers and prospective individual investors.

The new platform will offer consumers integrated access to investment advice, financial planning, and insurance through a single user experience designed to help optimize the investment of assets, clarify goals and enhance financial planning. Empower will target the new platform to underserved mass affluent investors who may not currently work with a professional advisor as they make crucial personal financial decisions.

Find details here.

DriveWealth

DriveWealth, a FinTech company providing brokers, digital advisors, and mobile financial services companies seamless access to the U.S. securities market, partners with Say™, a technology company offering new tools for shareholder voting and engagement.

Shareholders have the opportunity to make history though frictionless, open communication and access to Say’s voting technology. The partnership, comprised of Say’s API-based, scalable, and secure proxy and shareholder communications tools, and DriveWealth’s advanced digital brokerage platform, will provide brokers and advisors that use DriveWealth a new client engagement opportunity. DriveWealth’s customers will be given early access to Say’s forthcoming shareholder engagement tools.

Find details here.

Riskalyze

Riskalyze, the world’s first risk alignment platform, which mathematically pinpoints a client’s Risk Number® and equips advisers to empower fearless investors, was implemented by GPS Wealth Management, LLC, a leading independent wealth management firm located in Plymouth, Minnesota.

“GPS Wealth Management has ushered in a new era of predictability and reliability for their clients by investing in the world’s first risk alignment platform to pinpoint a client’s Risk Number and align their portfolio to fit,” says Aaron Klein, CEO at Riskalyze. “We love working with advisory firms like GPS Wealth Management who are committed to investing in the success of their clients by empowering fearless investing.”

Find details here.

iCapital Network

iCapital Network, the financial technology platform democratizing alternative investments, announced JPMorgan Chase & Co has made a strategic investment in the company’s latest financing round.

iCapital’s modular technology and service platform is purpose-built to provide an end-to-end solution that is fully configurable, highly scalable, and able to support the unique subscription, administration, and reporting processes for private equity, private credit, hedge funds, and other alternative investments.

Find details here.

Capitect

Capitect, an innovative advisor technology platform, and the Alliance of Comprehensive Planners (ACP) announced a partnership wherein Capitect will provide client portal and performance reporting technology to the organization’s members. Advisor members of ACP will be able to access a customized version of Capitect’s leading technology as part of their membership at a discounted rate. Capitect’s solution includes portfolio reporting for performance and asset allocation, client fee billing, and account aggregation.

Find details here.

AlphaCore Technologies

AlphaCore Technologies, a subsidiary of La Jolla-based wealth management firm AlphaCore Capital, announced the release of version 1.0 of factorE – a fintech tool built for intelligent investing. To provide seamless workflow, factorE has partnered with SS&C’s Black Diamond Wealth Platform.

Find details here.

TD Ameritrade

As of November 8th, clients of TD Ameritrade have access to New Constructs reports and ratings on over 10,000 stocks, mutual funds, and exchange-traded funds (ETFs) directly from their TD Ameritrade accounts.

New Constructs provides TD Ameritrade clients with the sophisticated fundamental research that Wall Street insiders use to understand the true profits and valuation of companies and stocks.

TD Ameritrade empowers their clients to make more informed decisions with New Constructs research, which leverages proprietary Robo-Analyst technology to scale expert analysis with machine learning. The average investor no longer has to settle for the often incomplete and conflicted research from traditional providers.

Find details here.

WealthTech Weekly January 14, 2019

WealthTech Weekly January 14, 2019

Interactive Brokers is going to launch a new turnkey wealth management solution with Martsone. Mobile banking startup N26 raised $300 million in a Series D funding round. United Capital Financial Advisers introduced…

WealthTech Weekly December 31, 2018

WealthTech Weekly December 31, 2018

iCapital Network has partnered with Rockefeller Capital Management. Wealthfront Advisers agreed to settle SEC’s claims for a $250,000 fine. Bank Of America improves the cash handling processes with a new blockchain patent. Advizr…

WealthTech Weekly December 24, 2018

WealthTech Weekly December 24, 2018

A majority stake in WealthBar Financial Services to be acquired by CI Financial. DriveWealth partners with Avenue Securities. Lincoln Financial Group partners with eMoney Advisor and Redtail Technology. LifeYield provides its Social Security Advantage solution…

WealthTech Weekly December 17, 2018

WealthTech Weekly December 17, 2018

BlackRock’s iRetire integrates with eMoney Advisor. BlackRock partners with Microsoft. Tradier Inc. partners with Jellifin. LPL’s CEO Dan Arnold lays out Integration Roadmap. RIA in a Box launches the Audit…

WealthTech Weekly December 10, 2018

WealthTech Weekly December 10, 2018

LPL Financial acquires AdvisoryWorld. Facet Wealth partners with Vestmark. Bank of New York Mellon partners with Vestwell. SmartAsset launched SmartAdvisorMatch.com. Western will launch their integrated tools powered by eMoney’s technology. Folio Financial announced the launch…

WealthTech Weekly December 3, 2018

WealthTech Weekly December 3, 2018

Redtail published the results from a survey entitled "Gen Tech". Robinhood goes on filling key jobs. TD Ameritrade Institutional holds its first advisory-focused FinTech competition. BlackRock announced a strategic partnership with Envestnet. Nutmeg has…

WealthTech Weekly November 26, 2018

WealthTech Weekly November 26, 2018

Morgan Stanley launches a new advisory technology platform to provide financial advisors with one dashboard for all services. DriveWealth has formed a strategic partnership with Trading Central to leverage common elements of…

WealthTech Weekly November 19, 2018

WealthTech Weekly November 19, 2018

New and expanded partnerships: BlackRock with CleanCapital, RightCapital with Commonwealth, Brinker Capital with AdvisoryWorld, SEI with Fusion Wealth. Addepar was honored by Morgan Stanley. Evestor is to launch a new brand ‘OpenMoney’. Betterment redesigns Advisor…