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WealthBar acquired Snap Projections to expand the advisor side of its business. Human Interest announced the partnership with Zenefits to allow the latter to offer 401(k) or 403(b) to its clients. Timelineapp Tech Limited announced the integration of its Timeline with SS&C’s Black Diamond® Wealth Platform. iCapital Network and Schwab Advisor Services announced an expanded relationship in which Schwab will provide shareholder servicing for funds serviced by iCapital. Aurora Private Wealth has joined Chalice Financial Network™ as a new enterprise member.

eMoney Advisor concluded the 2019 eMoney Summit for planning-led financial advisory professionals. First Rate announced the relaunch of OnPoint, First Rate’s innovative reporting solution. InvestCloud has released Open CRM for use in the investment management industry. Schwab Advisor Services introduced the Schwab Alternative Investment Marketplace™ platform, which delivers a number of benefits for independent advisors.

WealthBar

Snap Projections, a financial planning software startup, has been acquired by Vancouver-based wealth management company WealthBar Financial Services. Terms of the deal were not disclosed.

Earlier this year, WealthBar, a fellow startup that was founded in 2012, was acquired by CI Financial, which offers global asset management and wealth management advisory services. Despite the acquisition, WealthBar continued to operate as a stand-alone business. The acquisition of Snap Projections is part of WealthBar’s plans to expand the advisor side of its business.

Find details here.

eMoney Advisor

eMoney Advisor (eMoney), a leading provider of technology solutions and services that help people talk about money, concluded the 2019 eMoney Summit, the industry’s premier event for planning-led financial advisory professionals, by showcasing product solution prototypes born out of the Summit’s Ideation Lab.

Dedicated members of the eMoney product, development and design teams worked with a group of advisors to capture insights directly related to priority products and features already on eMoney’s roadmap, eventually presenting prototype solutions to all attendees to collect even more feedback.

Find details here.

Human Interest

Human Interest, an online 401(k) and 403(b) provider, announced the partnership with Zenefits, one of the most innovative HR and payroll software and services providers. Through this partnership, we’ll be offering a “no-touch” integration. That means that businesses who use Zenefits’ payroll software will be able to offer a Human Interest 401(k) or 403(b) to their employees without any manual work that’s involved in managing a company’s retirement plan, such as updating contributions amounts, sending out compliance notifications, etc.

Find details here.

First Rate

First Rate, a leading provider of wealth management solutions to the financial services marketplace, announced the relaunch of OnPoint, First Rate’s innovative reporting solution that enables  firms to design unique client performance and analytical reports to tell your investor’s unique investment story.

Originally launched in 2015, OnPoint was a finalist for the client reporting technology category in the WealthManagement.com awards for its flexible design, making it quick, easy, and cost effective to create branded, boardroom-quality statements that clearly communicate the value you add to your clients’ wealth management experience.

Find details here.

Timeline

Timelineapp Tech Limited announced the integration of Timeline, its retirement income software, with SS&C’s Black Diamond® Wealth Platform. The integration enables Timeline users to efficiently import client details and account holdings data from Black Diamond to create sustainable retirement plans.

This integration empowers advisors using Black Diamond to assess the sustainability of withdrawal from drawdown portfolios, show clients how different scenarios may impact their portfolio, prepare clients for market volatility and highlight longevity risk. Once Black Diamond data is in Timeline, the retirement plan is 90% complete. Advisors can then work with their clients to decide on an appropriate withdrawal strategy and evaluate results.

Find details here.

Investcloud

InvestCloud, a platform for the development of financial digital solutions, pre-integrated into the cloud with $2 trillion+ in assets, has released Open CRM, an enhanced customer relationship management system.

Open CRM was created specifically for use in the investment management industry. The company also announced Integrated CRM, designed to overlay a client’s existing systems while leveraging the capabilities of the full version.

Find details here.

Charles Schwab

Schwab Advisor Services introduced the Schwab Alternative Investment Marketplace™ platform, which gives Schwab’s independent advisor clients access to third-party platform sponsors that offer menus of private funds. The new platform delivers a number of benefits for independent advisors, including removal of custodial fees, streamlined capital call processing, and access to third-party alternative investment funds.

Find details here.

iCapital Network

iCapital Network, the financial technology platform setting the industry standard for access and efficiency in alternative investing, and Schwab Advisor Services announced an expanded relationship in which Schwab will provide shareholder servicing for funds serviced by iCapital. iCapital will be the first platform provider on the Schwab Alternative Investment MarketplaceTM platform introduced today. The agreement will create an end-to-end, automated alternative investing process for advisors who utilize the Schwab platform.

Find details here.

Chalice Financial Network

Chalice Financial Network™, an online member-based digital marketplace for independent, small- and mid-sized businesses that provides exclusive access to business, technology and client-service solutions, announced that the leading wealth management enterprise, Aurora Private Wealth, has joined as a new enterprise member, giving their advisors access to Chalice’s array of resources and quality products.

Find details here.

WealthTech Weekly November 11, 2019

WealthTech Weekly November 11, 2019

Infinex partners Jemstep. Bridge Financial Technology and Wealthbox CRM integrate and partner. AdvicePay and Valmark announced a new strategic partnership. StratiFi Technologies integrates with SS&C's Black Diamond Wealth Platform. Envestnet adds Yodlee FinApps…

WealthTech Weekly November 4, 2019

WealthTech Weekly November 4, 2019

Chalice and Succession Link are now both available through a single sign-on. TradeZero America has signed Apex Clearing to enhance its brokerage functions. eMoney integrates with TD Ameritrade Institutional’s Veo One. Tradier Brokerage…

WealthTech Weekly October 21, 2019

WealthTech Weekly October 21, 2019

Whealthcare Planning was recognized as Technology Thought Leadership by wealthmanagement.com. Facet Wealth was selected as DSASD's preferred partner. GeoWealth adds a series of models from Fidelity Investments to its model marketplace. Copytalk joined with Redtail.…

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…