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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 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 12, 2018

WealthTech Weekly November 12, 2018

Empower Retirement plans to launch a new platform. GPS Wealth Management implemented Riskalyze. iCapital Network has got a strategic investment from JPMorgan Chase & Co.  AlphaCore Technologies releases a FinTech tool for intelligent investing.…

WealthTech Weekly November 5, 2018

WealthTech Weekly November 5, 2018

Australian IRESS launches a new client portal to improve client engagement. SigFig launches new advisor-focused platform with “coaching” tools. Marstone announced the launch of BlackRock Model Portfolio Solutions on its platform. eMoney Advisor…

WealthTech Weekly October 29, 2018

WealthTech Weekly October 29, 2018

DriveWealth partners with Verrency. Vestmark partners with Oranj. SS&C Technologies integrates ERS with its TRAC. SEI integrates with Advizr's financial planning tool. Advyzon integrates with Schwab OpenView Gateway. Riskalyze integrates with MyRepChat. Wealthfront offers retirement…

WealthTech Weekly October 22, 2018

WealthTech Weekly October 22, 2018

Fidelity launches a new company conceived to trade cryptos and a new digital marketplace to help advisors deepen existing integrations. Envestnet | Yodlee Risk Insight Solutions will be integrated with Freddie…

WealthTech Weekly October 15, 2018

WealthTech Weekly October 15, 2018

Last week, we saw many announcements of partnerships and integrations. TD Ameritrade introduced a new platform for financial investors. Robinhood launched its own trade-clearing system. Interactive Brokers now offers its PortfolioAnalyst tool…

WealthTech Weekly October 8, 2018

WealthTech Weekly October 8, 2018

DriveWealth has entered new business. Apex Clearing enables commission-free trading.  Finicity will share customer information with financial apps and services. The Wealthsimple Pension will help people to save for the future. Trustee Partners has rebranded…