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DPL Financial Partners agrees to give advisors at FormulaFolios, WealthSource Partners and Mutual Advisors access to its network. AssetMark has bought OBS Financial from Canandaigua National Corp. Broadridge Financial Solutions, Inc. has completed its previously announced acquisition of FundsLibrary. Mariner Wealth Advisors will acquire the assets of Wealth Health, LLC. RIAs that use BNY Mellon’s Pershing will now pay for the custodial services via subscriptions and zero-transaction-fee pricing. Wealthify’s Money Dashboard now allows users to view the details of their investment accounts. InvestCloud launches an InvestCloud White platform for wealth management and TAMPs.

bnymellon

BNY Mellon’s Pershing says it will now give RIAs two more ways to pay for its custodial services: subscriptions and zero-transaction-fee pricing. Its subscription model starts at $25 a month per investor client, with fees tiered to the client’s asset level, while the zero-commission model is tied to a low-yield cash sweep program and is aimed at investors with portfolio concentrated in stocks and ETFs.

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Wealthify

Money Dashboard, the free personal finance app has released an integration with robo-investor Wealthify, enabling users to view the details of their investment accounts alongside the other current, credit and savings accounts they hold.

Find details here.

DPL Financial Partners

Fee-only advisors at FormulaFolios, WealthSource Partners and Mutual Advisors will now have access to the DPL Financial Partners network, a result of agreements formed by DPL with the three enterprises. More than 800 advisors are now on the DPL network, according to the firm, and represent more than $160 billion in assets.

Find details here.

AssetMark

AssetMark has bought OBS Financial, another turnkey platform, from Canandaigua National Corp. OBS has more than $2 billion in assets on its platform and supports more than 300 financial advisors and 21 banks that together serve 6,500 investors, the AssetMark announcement says.

Find details here.

Investcloud

InvestCloud announced the launch of InvestCloud White, a digital platform for wealth management and turnkey asset management programs (TAMPs).

Find details here.

Broadridge Financial Solutions

Broadridge Financial Solutions, Inc., a global Fintech leader and part of the S&P 500® Index, has completed its previously announced acquisition of FundsLibrary, a leader in fund document and data dissemination in the European market. The acquisition accelerates Broadridge’s pan-European regulatory communications and digital data platform, supporting the lifecycle of fund data, documents, and regulatory reporting for the investment industry.

Find details here.

Mariner Wealth Advisors

Mariner Wealth Advisors, the wealth advisory firm nationally ranked by Barron’s as a top four RIA firm the last four years1, announced it has entered into a binding agreement to acquire the assets of Wealth Health, LLC. This marks Mariner Wealth Advisors’ 11th acquisition in the past 14 months and reinforces Mariner’s momentum in acquiring talent nationwide to better serve clients from coast-to-coast.

Find details here.

PayTech Round-Up September 16, 2020

PayTech Round-Up September 16, 2020

Square launched “On-Demand Pay”. Payoneer launched Payoneer for Banks. Sezzle released its virtual card for shoppers. Dash launched the FastPass network initiative. KodyPay raised £1.8m in funding. Deel raised $30m in Series B funding. CheckAlt…

WealthTech Weekly September 14, 2020

WealthTech Weekly September 14, 2020

M1 Finance reported 100% growth in its AUM portfolio in six months. Panoramix partners with Shareholders Service Group. Riskalyze announced an enterprise agreement with H. Beck. Prepay Nation partners with ACE Money…

PayTech Round-Up September 9, 2020

PayTech Round-Up September 9, 2020

2Checkout is acquired by Verifone. Zip Co agreed to acquire QuadPay. Melio raised $144m in funding. Cred and Checkbook.io joined Visa’s Fast Track program. AvidXchange launched the “Boost your Business” Program. Sezzle unveiled its virtual…

WealthTech Weekly September 7, 2020

WealthTech Weekly September 7, 2020

Advicent relations with MX. FIDx partners with Envestnet | MoneyGuide. MyRepChat announced an agreement with Cetera. InvestEdge Compliance and Surveillance is added to the Sanctuary Wealth platform. Smarsh participates in the Microsoft OCP program. Wealthfront…

PayTech Round-Up September 2, 2020

PayTech Round-Up September 2, 2020

QuadPay partners with Mastercard Vyze. Four partners with Stripe. The Payoneer for banks program partners with Kuda Bank. Capchase raised $4.6m in seed funding. Plastiq Accept, a card acceptance product, is…

WealthTech Weekly August 31, 2020

WealthTech Weekly August 31, 2020

CAIS announced an integration agreement with BNY Mellon’s Pershing. Wealthbox partners with Shareholders Service Group. DriveWealth partnered with Flink to give access to the US equities market to Flink's platform. Riskalyze…

PayTech Round-Up August 26, 2020

PayTech Round-Up August 26, 2020

Zuora expanded its partnership with GoCardless. Plastiq partners with Silicon Valley Bank. TransferWise expanded partnership with Mastercard. Radius Bank partners with Currencycloud. The Metal Neo Bank Payment Platform has acquired Bloks.io. Paystand…

WealthTech Weekly August 24, 2020

WealthTech Weekly August 24, 2020

Xignite revealed the results of a collaboration with SoFi on the launch of the SoFi Invest trading platform. Thomson Reuters acquired CaseLines. Wealthfront is rolling out cash prizes to its users. Advisors Todd Stabler and…