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Pro.com partners with SoFi to revolutionize how homeowners finance and complete their remodels, renovations and upgrades. Evoke Wealth selected RedBlack for portfolio rebalancing, trade order management, and straight-through processing. iCapital Network partners with PIMCO to connect HNWI to non-traditional investments. Broadridge Financial Solutions purchased ClearStructure Financial Technology. Alchemy Technologies partners with Plaid to support account and asset verification for improved lending decisions. Wellington Management chose Artivest’s open-architecture digital platform to help provide financial advisors and qualified HNW investors access to its alternative strategies. Charles Schwab is buying TD Ameritrade.

SoFi

Pro.com, the premier digital platform focused exclusively on building custom homes and major remodels from start to finish, announced a new partnership Tuesday with online personal finance company SoFi, aimed at revolutionizing how homeowners finance and complete their remodels, renovations and upgrades.

Find details here.

RedBlack Software

RedBlack Software LLC, the independent market leader for portfolio rebalancing and trading, announced that Evoke Wealth, LLC (Evoke), a Los Angeles-based registered investment advisor with approximately $3.8 billion in regulatory assets under management, has selected RedBlack for portfolio rebalancing, trade order management, and straight-through processing.

Find details here.

iCapital Network

iCapital Network, a Fintech platform connecting investors to alternative assets, has signed a partnership with PIMCO to connect high net worth individuals (HNW) to non-traditional investments. PIMCO is enormous, one of the world’s largest investment managers with well over $1 trillion in assets under management.

Find details here.

Broadridge Financial Solutions

Broadridge Financial Solutions announced that it has purchased ClearStructure Financial Technology. The seller is a global provider of portfolio management solutions for the private debt markets. As private capital markets expand, ClearStructure’s private debt capabilities will “create a differentiated solution in the market and enable Broadridge to serve new clients.”

Find details here.

Plaid

Alchemy Technologies, a Fintech infrastructure company providing online lending tools and platforms, has formed a partnership with Plaid – a company that creates tech to connect traditional finance with modern Fintech services. Alchemy will be providing Plaid with a service to support account and asset verification for improved lending decisions.

Find details here.

Artivest

Wellington Management, a USD1.1 trillion global asset manager, has chosen Artivest’s open-architecture digital platform to help provide financial advisors and qualified high-net-worth investors access to its alternative strategies. Wellington is the latest investment manager to expand how it currently provides advisor access to its private alternative investment programs through the Artivest Open Network.

Find details here.

Charles Schwab

Charles Schwab is buying TD Ameritrade for $26 billion according to a report by Fox Business. Ameritrade stock (ticker: AMTD), which is down on the year, was trading 23% higher in premarket action. Schwab (SCHW) was up 11%.

Find details here.

WealthTech Weekly December 2, 2019

WealthTech Weekly December 2, 2019

Wellington Management will use Artivest's open-architecture digital platform. eToro's new global investment portfolio is focused on foodtech. Interactive Brokers Group offers fractional shares of almost any US stock. Robinhood withdraws its bank charter…

WealthTech Weekly November 18, 2019

WealthTech Weekly November 18, 2019

FastWealth partnered with DriveWealth. BridgeFT integrates and partners with AdvisorPeak. Smartleaf will optimize the back-office processes at First Western Trust Bank. WeInvest launched a new product. Envestnet|Tamarac and Flyer presented their integrated…

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 28, 2019

WealthTech Weekly October 28, 2019

WealthBar acquired Snap Projections. Human Interest partners with Zenefits. Timeline integrates with SS&C’s Black Diamond® Wealth Platform. iCapital Network and Schwab Advisor Services announced an expanded relationship. First Rate relaunches its OnPoint solution. InvestCloud released…

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…