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Chalice Financial Network announced new strategic alliances with the industry-leading platforms Riskalyze, NRS and WeWork. BlackRock acquired eFront to expand alternative capabilities of Aladdin. Wealthbox integrates its CRM with the Black Diamond Wealth Platform. Nest Wealth acquires Alberta-based Razor Logic Systems. North Capital builds free direct-to-consumer financial planning platform. Ladenburg Thalmann successfully concludes its second annual Innovation Symposium, an invitation-only event. Atria Wealth Solutions launches a new client portal, called Clear 1. Zoe Financial won Morningstar’s annual Fintech competition.

Chalice Finanacial Network

Chalice Financial Network™ (“Chalice,” “CFN” or “the firm”), a first of its kind Software-as-a-Service (SaaS)-based member-benefit organization for independent financial advisors, announced new strategic alliances with the industry-leading platforms Riskalyze, NRS and WeWork, which greatly enhance CFN’s ability to connect wealth management practices with the best portfolio analysis, compliance support and office space providers on the market.

Find details here.

BlackRock

BlackRock has completed the acquisition of eFront, an end-to-end alternative investment management software, and solutions provider. The combination of eFront with Aladdin will set a new standard in investment and risk management technology.

Additionally, it will expand Aladdin’s alternative capabilities and providing a whole-portfolio technology solution to clients.

Find details here.

Wealthbox

Wealthbox announced an integration between Wealthbox CRM and the Black Diamond Wealth Platform.

Advisors using Wealthbox are now able to receive client information and view account summaries, holdings, and transactions from Black Diamond reconciled accounts which will help streamline an advisor’s daily operations.

Find details here.

Nest Wealth

Nest Wealth, a B2B digital wealth management platform, announced on May 15 the acquisition of Alberta-based Razor Logic Systems.

Founded in 2011, Razor Logic Systems is the developer of RazorPlan, a financial planning software that enables financial advisors to quickly analyze a client’s needs and generate full financial plans. Clients of RazorPlan include banks, independent financial dealers and investment firms.

Find details here.

North Capital

North Capital builds free direct-to-consumer financial planning platform.

North Capital Inc. decided the financial planning tools available to investors weren’t enough, so it built evisor and made it available for free.

Just two years after automated investing platform Wealthfront introduced its algorithmic financial planning experience, Path, a team of advisors in Midvale, Utah, is introducing its own direct-to-consumer financial planning experience, called evisor. The platform, which provides no-frills financial planning designed for retirement, is available for free.

Find details here.

Ladenburg Thalmann

Ladenburg Thalmann Financial Services Inc. announced the successful conclusion of its second annual Innovation Symposium, an invitation-only event that brought together fintech firms, startups and forward-thinking financial advisors to exchange ideas, network and provide feedback on new solutions that have the potential to transform the financial advice space. Held May 14-15 in San Francisco, the symposium drew more than 75 advisors from Ladenburg’s five subsidiary independent advisory and brokerage (IAB) firms: Securities America, Triad Advisors, KMS Financial Services, Investacorp and Securities Service Network.

Find details here.

Atria Wealth Solutions

Private equity-backed Atria Wealth Solutions is officially launching a new client portal, called Clear 1, according to an announcement made by the company. The new portal is part of a movement by the company to bring a more goals-based focus to the 300,000 end-clients who will be on the platform, said Eugene Elias, chief operating officer and founding partner of the firm. Atria launched in 2017 and recently acquired NEXT Financial Group.

Find details here.

Zoe Financial

Lead generation service Zoe Financial won fund research firm Morningstar’s annual fintech competition last week, beating out a field of 21 wealthtech firms in a sign that the startup is set to gain more traction with investors and financial advisors. The head of the digital lead generation site says it has already connected $100 million in new client money with advisors.

Find details here.

WealthTech Weekly October 14, 2019

WealthTech Weekly October 14, 2019

UPS, Mastercard, Etsy, Brightside, Arizona State University, and Acorns join BlackRock’s Emergency Savings Initiative. Tradeweb Markets is collaborating with Cassini Systems and OpenGamma. Broadridge is to acquire Fi360. RetireUp is part of LPL…

WealthTech Weekly October 7, 2019

WealthTech Weekly October 7, 2019

AssetMark Financial Holdings with Canandaigua National Corporation will acquire OBS Financial. RIA in a Box expands the partnership with Riskalyze. Refinitiv partners with SigFig. Rockfleet and ActiveAllocator announce alliance. LPL Financial LLC was named a…

WealthTech Weekly September 30, 2019

WealthTech Weekly September 30, 2019

Broadridge Financial Solutions launches the Data Control Solution suite. Wealthsimple acquired a Canadian tax software company. SoFi partners with Coinbase. Titan Invest launched its retirement account offering. Fidelity Investments expands the partnership with Ethic.

WealthTech Weekly September 23, 2019

WealthTech Weekly September 23, 2019

WealthBar partners with Assante Wealth Management. HiddenLevers increase integration ties with SS&C's Black Diamond Wealth Platform. Envestnet | Tamarac partners with Syracuse. St. James’s Place Wealth Management migrated to SS&C’s solutions. Northern Trust launched…

WealthTech Weekly September 16, 2019

WealthTech Weekly September 16, 2019

PEAK6 acquires Electronic Transaction Clearing. HiddenLevers was selected by Axxcess Wealth Management. A strategic alliance of Jackson National Life Insurance Company with eMoney Advisor. Guideline partnered with Stripe. 350 advisors have recently onboarded…

WealthTech Weekly September 9, 2019

WealthTech Weekly September 9, 2019

Broadridge acquires Financial Database Services. AdvicePay integrates with Wealthbox. eMoney with Benzinga starts producing podcasts. Vestmark redesigned its website. Envestnet is working on a new feature. Trizic is rebranding and launching two new products. ScratchWorks launches…

WealthTech Weekly September 2, 2019

WealthTech Weekly September 2, 2019

Envestnet|Yodlee is a new Nacha Preferred Partner for Account Validation. Fiduciary Benchmarks has launched the Business Management Dashboard. Covr's digital platform integrates with and MoneyGuideElite financial planning software product. Facet Wealth is absorbing new clients…

WealthTech Weekly August 26, 2019

WealthTech Weekly August 26, 2019

Blaze Portfolio partners with Itiviti. Artivest partners with WM Partners. FIDx partners with Ebix Inc. BridgeMark Strategies formed a strategic alliance with Chalice Financial Network. The Grove team joins Wealthfront. CAIS launches a new product with…