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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.

Find details here.

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.

WealthTech Weekly March 30, 2020

WealthTech Weekly March 30, 2020

Demand Wealth received an investment from Niche Investment Partners. iCapital Network closed a $146 million financing round. Registrar Corp acquired Vinca. Envestnet partners with Compliance Solutions Strategies. Allianz Global Investors joined…

WealthTech Weekly March 23, 2020

WealthTech Weekly March 23, 2020

DriveWealth partners with Wealthface. United Planners has new general partners. Wealthface moves to the MENA region. Modern Capital is to acquire Western Equity Group. Addepar got an investment of $40 million. HiddenLevers…

WealthTech Weekly March 16, 2020

WealthTech Weekly March 16, 2020

CAPTRUST Financial Advisors has acquired Welch Hornsby. AdvisorTouch integrated into Wealthbox CRM. Sanctuary Wealth partners with Conversant Wealth Management. All Seasons Wealth acquired personal finance practices. TradePMR rolls out refined trading tools on…

WealthTech Weekly March 2, 2020

WealthTech Weekly March 2, 2020

NFP Ventures invests in Wealth Technologies. Charles Schwab purchases Wasmer Schroeder. Morgan Stanley acquires E*Trade. RBC Wealth Management acquires Visionary Wealth Management. National Advisors Trust partnered with Dynasty Financial Partners. Key Private Bank selected the…

WealthTech Weekly February 24, 2020

WealthTech Weekly February 24, 2020

Motive Partners acquired a majority interest in the Investment Services business of Fiserv. Wealth Enhancement Group acquires JOYN Advisors. Savant Capital Management and Huber Financial Advisors finalized their merger. Franklin Resources agreed to buy…

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…