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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 process. SoFi partners with Coinbase to launch cryptocurrency trading. Wealthfront offers a new high-yield savings account.

AdvisorBid

AdvisorBid, an online recruitment tool and a marketplace for buyers and sellers of wealth management firms, launched public profiles for all registered investment advisors last week. Regardless of whether an advisor has signed up for AdvisorBid, they now have a profile on the platform.

Find details here.

Envestnet

An Envestnet feature that’s been teased since at least May 2018 now has an official launch window. Insurance Exchange, a portal integrating wealth management, insurance and financial advice, is entering its pilot phase with financial advisors, the company announced Wednesday. There will be six carriers—Allianz Life, Brighthouse Financial, Global Atlantic Financial Group, Jackson National Life Insurance Company, Nationwide and Prudential Financial—included in the pilot program and there are plans for a broad-market release this June.

Find details here.

AssetMark

AssetMark, Inc., a leading provider of innovative investment and consulting solutions, announced the integration of Redtail data with its platform to simplify the client onboarding process. By allowing advisors to pull in client data directly from their Redtail accounts, the new feature will expedite the account setup process and provide a centralized hub for advisors to more easily manage existing clients.

Find details here.

Social_Financу

Online lending start-up SoFi is planning to launch cryptocurrency trading in a partnership with major cryto exchange Coinbase, CNBC reported. The San Francisco-based company said its users can buy digital currencies in the second quarter of this year.

Find details here.

Wealthfront

Robo-advisor Wealthfront now offers a new high-yield savings account with a minimum deposit of $1.  That means you can transfer money in and out of the account for free whenever you want, and you’ll get some of the highest rates available on savings accounts, which can really make a difference when you’re trying to build up your savings.

Find details here.

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 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.…

WealthTech Weekly February 18, 2019

WealthTech Weekly February 18, 2019

Thomson Reuters launched a new product to improve risk analysis. Wealthfront is expanding its suite of financial products. SoFi plans new lending products and move into stock trading.

WealthTech Weekly February 11, 2019

WealthTech Weekly February 11, 2019

Personal Capital raised $50 million in a Series F funding. Fidelity plans March launch of its Bitcoin custody service. 55ip's investment strategy engine is now available on the CircleBlack platform.  iCapital Network is…

WealthTech Weekly February 4, 2019

WealthTech Weekly February 4, 2019

Acorns raised $105 million in Series E funding. AdvicePay raised $2 million in seed extension funding. AdvisorEngine integrates with BNY Mellon's Pershing. Axos Financial acquires COR Clearing LLC. DriveWealth will expand its partnership…

WealthTech Weekly January 28, 2019

WealthTech Weekly January 28, 2019

Artivest expands alternative investment platform. Thomson Reuters Elite launches 3E in the Cloud. SelfWealth launches a new ETF targeting self-managed super funds. Wealthsimple partners with TurboTax. Entreda partners with Docupace. Advyzon integrates with Riskalyze. Nutmeg raised $58.2 million…

WealthTech Weekly January 21, 2019

WealthTech Weekly January 21, 2019

Bridge raised a Series A funding of undisclosed amount. 55ip partners with FinFolio. MoneyGuide announced the expansion of its financial planning platform to meet the individual needs of all advisors. Fiserv acquires First…