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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 February 17, 2020

WealthTech Weekly February 17, 2020

Orion partners with Ameritas Investment Company LLC, Benjamin F. Edwards, and Great Valley Advisor Grou. Synergy Wealth Alliance joined LPL Financial’s platforms. Frontier Wealth Management acquired Highwater Wealth Management. Orion updated the Connect…

WealthTech Weekly February 10, 2020

WealthTech Weekly February 10, 2020

EP Wealth Advisors acquired International Research & Asset Management. Grab Financial Group acquired Bento. OneDigital acquires Resources Investment Advisors. Professionals at Farm Bureau Financial Services will use Riskalyze's risk metrics. WisdomTree Investments plans…

WealthTech Weekly February 3, 2020

WealthTech Weekly February 3, 2020

Goldman Sachs is rebranding United Capital. Bluespring acquires Florida RIA. Mercer Advisors buys First Ohio Planning. Fidelity now offers fractional shares trading. Riskalyze announces “Regulation Best Interest” solution. Orion leverages financial planning acquisition. GeoWealth…

WealthTech Weekly January 27, 2020

WealthTech Weekly January 27, 2020

Act Analytics launches new ESG portfolio analytics platform for RIAs. ETHIC, a Wealth Bank, Launches in Boston. Totum Risk integrates and partners with AdvisorPeak. Fiduciary Trust acquires Pennsylvania Trust. Creative Planning acquires Stratford Consulting. Wickham…

WealthTech Weekly January 20, 2020

WealthTech Weekly January 20, 2020

Visa buys Plaid. Truelytics partners SkyView Partners. Envestnet partners Dynasty Financial Partners. Independent Financial Partners partners a Galileo Money+. Flourish partners Buckingham Strategic Wealth. Apex Clearing integrated with Singapore-based Bambu.…

WealthTech Weekly January 13, 2020

WealthTech Weekly January 13, 2020

Asset-Map integrates with Black Diamond. LPL makes MoneyGuide available in ClientWorks. Goldman Sachs creates consumer & wealth management arm. UBS cuts up to 500 jobs. BBVA Wealth Solutions names its new Chief…

WealthTech Weekly January 6, 2020

WealthTech Weekly January 6, 2020

Hearsay Systems has added an automated compliance supervision component to its Relate platform. SigFig's director of quality assurance has left the robo-advice provider. Personal Capital hit a milestone of $12 billion in…

WealthTech Weekly December 23, 2019

WealthTech Weekly December 23, 2019

Moody’s Analytics is named the Data Provider of the Year. FinancialForce was named a Leader in G2’s latest reports for Professional Services Automation. MacKay will use Artivest's open-architecture digital platform. Totum Risk™…