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Artivest will offer product structuring and fund distribution solutions. Thomson Reuters Elite officially launches 3E in the Cloud for large and mid-sized law firms. SelfWealth will launch a new ETF targeting self-managed super funds.

Wealthsimple and TurboTax have announced a new partnership. Entreda partners with Docupace. Envestnet will provide research and due diligence services for the private wealth platform of Rockefeller Capital Management. Advyzon announced an integration with Riskalyze.

Nutmeg raised $58.2 million in funding. XY Planning founders crowdfunded $2 million for a new payment system to large financial institutions.

Betterment offers free financial advice to government employees affected by the shutdown.

Artivest

Artivest expands alternative investment platform to offer product structuring and fund distribution solutions.

Artivest’s new advisory solutions include Product Structuring: Consisting of investment research and product structuring, this capability is provided by our expanded 15-person alternative investment research team.

Find details here.

nutmeg

U.K.-based online wealth manager Nutmeg said on Tuesday it raised $58.2 million in funding from investors, including Goldman Sachs Group Inc, proceeds of which will be used mainly for international expansion.

Find details here.

Thomson Reuters

Thomson Reuters Elite officially launches 3E in the cloud for large and mid-sized firms

Thomson Reuters Elite, part of the Legal business of Thomson Reuters, announced the launch of 3E® 2.8.2, the latest version of its flagship financial and practice management solution utilized by more than 260 firms around the globe. Along with a number of product enhancements, 3E 2.8.2 enables the wide availability of 3E in the Cloud, the first Software as a Service (SaaS) financial management solution for large and mid-sized law firms.

Find details here.

Wealthsimple

Wealthsimple and online tax filing service TurboTax have announced a new partnership in time for tax season, offering a new way to save for retirement and open RRSPs.

The partnership will allow TurboTax users to asses their taxes and open an RRSP account in the same process. TurboTax users will be able to look over their tax filings to see the affect RRSPs would have on their taxable income and then have access to the Toronto-based online investment platform to open an RRSP account.

Find details here.

Entreda

Entreda, an industry-leading developer of integrated cybersecurity software and solutions for the retail wealth management industry, announced the kickoff of a series of major industry strategic alliances, starting with its new partnership with Docupace, the premiere digital operations platform for digitizing front and back office financial advisory workflows to reduce paperwork and increase productivity.

Find details here.

Envestnet

Rockefeller Capital Management has hired Envestnet to provide research and due diligence services for its newly launched private wealth platform.

Rockefeller advisors will now have access to Envestnet’s platform of 1,400 SMA strategies from 91 of the 100 largest SMA managers as well as 2,900 portfolio strategies from 180 third-party managers.

Find details here.

SelfWealth

Online broker SelfWealth will launch a new ETF targeting self-managed super funds.

The SelfWealth SMSF Leaders ETF is due to launch on the ASX this financial year and listed under the ticker code SELF. It is pending regulatory ASX approval.

ETF Securities Australia and its parent company ETFS Capital are backing SELF by providing $100 million in seed funding. ETF Securities Australia will act as the responsible entity.

Find details here.

XY Planning Network

XY Planning founders Alan Moore and Michael Kitces crowdfunded $2 million in seed money for a new venture to offer a payment system to large financial institutions, according to the firm, which was fully funded by members of the financial planning community.

Find details here.

Advyzon

Advyzon, an all-in-one, cloud-based financial advisor technology platform, announced an integration with Riskalyze, the industry-leading risk assessment tool and creator of the Risk Number®. This integration allows for Advyzon users to log in to their Riskalyze account through Advyzon’s CRM and view their client’s Risk Numbers within the Advyzon portal.

Find details here.

Betterment

Betterment joins XYPN in offering free financial advice to government employees.

As the economic impact of the shutdown grows, Betterment is offering affected federal employees free financial consultations. The 15-minute consultation calls with Betterment’s certified financial planners come after the platform saw an average withdrawal of $2,000 from Betterment customers who are also government employees or whose spouses are government employees.

Find details 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.…