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Docupace secured a significant growth equity investment from FTV Capital. LPL Financial plans to acquire Lucia Securities. eMoney is forming a strategic partnership with Allianz Life. LendingTree announced a strategic investment in Stash. InvestorCOM organizes a webinar to discuss good faith compliance with Tito Pombra from Adviser Compliance Consulting. BlackRock launched its Global Impact Fund with USD 20 million in assets. SoFi helped funnel over $75 million in loan applications to lenders for the Paycheck Protection Program  established by the CARES Act. Twenty Over Ten was named to the WealthTech 100 list.

Investorcom

Tito Pombra from Adviser Compliance Consulting Inc. will join InvestorCOM’ s David Reeve and Parham Nasseri in discussing what “Good Faith” actually means with the Reg BI compliance deadline looming. Webinar dates are May 5 at 11 am ET and May 7 at 1 pm ET.

Find details here.

Docupace Technologies LLC

Docupace, the leader in cloud-based digital operations software for wealth management firms, announced it has secured a significant growth equity investment from FTV Capital, a sector-focused growth equity investment firm.

Find details here.

LPL Financial

LPL Financial announced plans to acquire Lucia Securities, a small San Diego-based broker/dealer and registered investment advisory firm founded by CEO Raymond Lucia Jr. The deal, expected to close in the second half of this year, adds about 20 advisors and $1.5 billion in client assets to the independent b/d’s platform.

Find details here.

eMoney Advisor

eMoney teams up with Allianz Life. The financial planning software developer is forming a strategic partnership with the annuities and life insurance firm.

Find details here.

BlackRock

BlackRock, an investment management firm based in the US city of New York, recently launched its Global Impact Fund with USD 20 million in assets. The goal of the fund is to generate returns through long-term capital growth as well as income.

Find details here.

Lendingtree

LendingTree, Inc., operator of LendingTree.com, the nation’s leading online financial services marketplace, has announced a strategic investment in Stash, one of the fastest-growing banking and investing services in the U.S.

Find details here.

SoFi

SoFi announced it has helped funnel over $75 million in loan applications to lenders for the Paycheck Protection Program (PPP) established by the CARES Act, through its extensive network of lenders, through Lantern, the product comparison site operated by SoFi. Launched just 4 days after the CARES Act was passed, Lantern’s PPP offering has seen 42% of applicants match with its network of lenders, of which 24% got approved by the SBA for PPP loans.

Find details here.

Twenty Over Ten

Twenty Over Ten was named to the WealthTech 100 list, an annual list of 100 of the world’s most innovative WealthTech companies. Finalists were recognized for their innovative use of technology to solve a significant industry problem, generate cost savings, or improve efficiency across the investment value chain.

Find details here.

WealthTech Weekly May 25, 2020

WealthTech Weekly May 25, 2020

Smarsh is to acquire Entreda. SS&C Technologies has acquired Innovest Systems. AdvicePay has an agreement with LPL Financial. EquityZen partners with Addepar. DriveWealth has an agreement with Access Softek. Raymond James, Scopus Financial Group,…

WealthTech Weekly May 18, 2020

WealthTech Weekly May 18, 2020

Xtiva raises $10 million. iCapital Network acquired Artivest. Goldman Sachs plans to buy Folio Financial. FIDx partners with RetireOne. Smartleaf is partnering with IDX Insights. Twenty Over Ten integrates with…

WealthTech Weekly May 11, 2020

WealthTech Weekly May 11, 2020

Franklin Resources acquired AdvisorEngine. Entreda joined the Preferred Pricing Program of FINRA. Winston Wealth Advisors joins LPL. AdvicePay launches a new capability for Enterprises. Twenty Over Ten launches the Lead Pilot ambassador…

WealthTech Weekly April 27, 2020

WealthTech Weekly April 27, 2020

Advicent releases a new version of NaviPlan. LPL Financial has a new premium affiliation model. eMoney announced the Getting Started Program. Moody’s Analytics launches a portal to help hospitals and healthcare providers. HiddenLevers launched…

WealthTech Weekly April 20, 2020

WealthTech Weekly April 20, 2020

Orion Advisor Services launched Market*r. Creative Planning Inc. acquired Coe Financial Services. Envestnet|Yodlee has agreed with Charles Schwab. FIDx announced a strategic partnership with Financial Independence Group. Robinhood is going…

WealthTech Weekly April 13, 2020

WealthTech Weekly April 13, 2020

Ameriprise recruits a Wells Fargo team and UBS team. Creative Planning Inc. acquires Coe Financial Services. Social Finance Inc acquires Galileo Financial Technologies. Docupace launches its new Reg BI and Form…

WealthTech Weekly April 6, 2020

WealthTech Weekly April 6, 2020

NFP acquires Fiduciary Investment Advisors LLC. Morgan Stanley won U.S. antitrust approval for its acquisition of E*Trade Financial Corp. Birmingham is joining LPL Financial. Chalice Network™ is waiving its annual membership fee. Docupace is announcing the…

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…