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A new partnership between BlackRock and CleanCapital. Financial planning tech firm RightCapital partners with Commonwealth. Brinker Capital expands its partnership with AdvisoryWorld. SEI and Fusion Wealth have also extended their existing long-term relationship. Addepar was honored for making a significant impact on Morgan Stanley’s mission of continuous innovation. Evestor is to separate its financial advice service from its non-advised service with the launch of a new brand ‘OpenMoney’. Betterment redesigns Advisor Dashboard with more tools, analytics.

BlackRock

BlackRock Inc. and CleanCapital LLC bought a 46.9-megawatt portfolio of U.S. solar power from ATN International Inc. subsidiary, Ahana Renewables. The portfolio consists of 60 operating solar projects located in California, Massachusetts and New Jersey. The acquisition is part of a new partnership between BlackRock and CleanCapital, and is CleanCapital’s largest to date.

For details, read here.

RightCapital

Financial planning tech firm RightCapital partners with Commonwealth. Commonwealth Financial Network’s choice to partner with the startup demonstrates there is still room to innovate in financial planning software.

The announcement makes RightCapital the sixth financial planning program available to Commonwealth’s 1,800 advisors, alongside popular options like MoneyGuidePro and eMoney.

For details, read here.

Addepar

Addepar has been honored with Morgan Stanley’s FinTech award at the financial service firm’s third annual Fintech Summit in New York. The award recognizes a fintech company that has had a significant impact on Morgan Stanley’s mission to continuously innovate for its clients and business. Addepar’s CEO, Eric Poirier accepted the award from Rob Rooney, Head of Morgan Stanley Technology and Sal Cucchiara, Head of Wealth Management Technology, during the Summit’s evening reception.

For details, read here.

Evestor

Evestor launches OpenMoney to help further plug advice gap.

“For our customers who are comfortable with investment and don’t want to take advice, the evestor non-advised proposition will continue to provide a low-cost investment management solution for their money.”

For details, read here.

Brinker Capital

Brinker Capital, a leading investment management company focused on multi-asset class investing, announced the expansion of its partnership with AdvisoryWorld, a leading software provider for financial advisors. Brinker Capital utilizes AdvisoryWorld as its technology partner for two comprehensive digital reporting applications, namely the Portfolio Observations and its Wealth Advisory proposal.

For details, read here.

SEI

SEI, a publicly owned asset management holding company, and Fusion Wealth, the bespoke platform solutions provider for wealth managers and large-scale financial planners, have extended their existing long-term relationship through a new deal that will see the pair work together until at least 2025.

Fusion Wealth first appointed the SEI Wealth PlatformSM in 2011 to provide an integrated wealth-management infrastructure for its growing client base. Since then, the business has expanded considerably and now provides a core solution for some of the leading Wealth Management and Financial Planning firms in the UK.

For details, read here.

Betterment

Betterment redesigns Advisor Dashboard with more tools, analytics.

Betterment, the automated advice platform that manages more than $13.5 billion, has redesigned the dashboard that financial advisors use to manage investors’ money with the company. The changes are rolling out to users of Betterment for Advisors today.

For details, read here.

WealthTech Weekly April 15, 2019

WealthTech Weekly April 15, 2019

Broadridge launches Broadridge Securities Lending Board Insights. PIEtech launches MoneyGuideElite. Betterment partners with Goldman Sachs and BlackRock. YCharts partners WealthManagement.com. Finicity partners with Pulte Mortgage. iCapital Network was recognized in…

WealthTech Weekly April 8, 2019

WealthTech Weekly April 8, 2019

Additional Tamarac services to the users of PortfolioCenter after Envestnet | Tamarac® acquires it. LifeYield's asset location technology will be available to Mercer Advisors' 40 regional offices and centralized investment team. Vestwell Holdings raised…

WealthTech Weekly April 1, 2019

WealthTech Weekly April 1, 2019

SoFi collaborates with Delos to give homeowners access to Delos' home wellness solutions. Robinhood acquired MarketSnacks, a financial news podcast and newsletter. SigFig launched SigFig Atlas, a platform for banks and…

WealthTech Weekly March 25, 2019

WealthTech Weekly March 25, 2019

Interactive Brokers releases a new product. Morgan Stanley partners with iCapital. Wealthsimple partners with H&R Block. Empower Retirement will deliver advisory services to workers. Envestnet acquires PIEtech. Broadridge Financial Solutions…

WealthTech Weekly March 18, 2019

WealthTech Weekly March 18, 2019

Itiviti launches unified offering following merger with Ullink. Stash launches a rewards program to bridge banking and investing. Entreda launches Unify 360 Concierge Service for cybersecurity. Wealthsimple launched a commission-free stock-trading mobile app. Oranj…

WealthTech Weekly March 11, 2019

WealthTech Weekly March 11, 2019

Chalice Financial Network forms a strategic partnership with Orion Advisor Services. TS collaborates with BIDS Trading and releases the QUO platform for managing investments. Axos Securities acquired WiseBanyan Holding and its subsidiaries. AssetMark…

WealthTech Weekly March 4, 2019

WealthTech Weekly March 4, 2019

AdvisorBid launches public profiles for all registered investment advisors. Envestnet Insurance Exchange is entering its pilot phase with financial advisors. AssetMark integrates Redtail data with its platform to simplify the client onboarding…

WealthTech Weekly February 25, 2019

WealthTech Weekly February 25, 2019

Portfolio Pathway partners with Shareholders Service Group. Vestwell partnered with OnPay. United Capital’s FinLife Partners has now 85 firms nationwide. Broadridge Financial Solutions released a study about communications with advisors.…