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Xtiva raises $10 million in funding to focus on digital transformation. iCapital Network acquired Artivest. Goldman Sachs Group plans to buy Folio Financial for an undisclosed amount of money.

FIDx announced a strategic partnership with RetireOne. Smartleaf announced it is partnering with IDX Insights. Twenty Over Ten announced a new integration with Wealthbox. Financial advisors Brian Wall and Joe Nastasi are merging their independent practices and joining LPL Financial’s brokerage, corporate RIA and custodial platforms.

TradingFront, working with Interactive Brokers, announced the launch of an integrated white-label advisor and client platform.

Folio Financial

Goldman Sachs Group plans to buy a boutique wealth management custodian and technology company called Folio Financial for an undisclosed amount of money, according to a letter that Folio sent to its customers on Thursday and was viewed by Reuters.

Find details here.

iCapital Network

iCapital Network, a fintech platform focused on alternative investing for the asset and wealth management industries, acquired Artivest, a technology company for accessing and investing in alternatives.

Find details here.

Tradingfront

TradingFront, working with Interactive Brokers, announced the launch of an integrated white-label advisor and client platform to power the growth of the RIA industry.

As a result of this partnership, TradingFront will leverage its deep roots in the RIA industry, technological expertise, and understanding of advisors’ day-to-day needs to launch a comprehensive advisor platform integrated with Interactive Brokers’ high-quality execution, trading infrastructure and custodial capabilities, providing RIAs with a superior technology experience integrated directly into a world-class custody platform.

Find details here.

Wealthbox

Twenty Over Ten, an industry-leading SaaS company, announced a new integration with Wealthbox, a modern provider of CRM solutions for financial advisors. This new integration is a contact sync between Wealthbox and Lead Pilot, where advisors can sync contacts from Wealthbox to Lead Pilot daily to automate their inbound marketing efforts.

Find details here.

Xtiva

Xtiva announced it has raised $10 million to invest in product capabilities to further advance the customer experience, scale the team and expand sales presence focused on key markets.

Find details here.

SmartLeaf

Smartleaf announced it is partnering with IDX Insights to provide Smartleaf clients access to additional direct index models in the major equity asset classes, beginning with US large-cap high dividend, mid and SMID index models and ADR-based foreign models. Each index will contain approximately 50 stocks.

Find details here.

LPL Financial

As part of a business continuity plan, Kansas City, Mo.-based financial advisors Brian Wall and Joe Nastasi are merging their independent practices and joining LPL Financial’s brokerage, corporate RIA and custodial platforms.

Find details here.

RetireOne

FIDx, a product-agnostic platform that integrates the benefits of insurance seamlessly alongside investment products, announced a strategic partnership with RetireOne, the insurance and annuity back office for more than 900 registered investment advisers (RIAs) and fee-based advisors. The partnership supports a unified approach to connect insurance carriers, RIAs, and their existing wealth platforms. The alliance between FIDx and RetireOne will streamline the insurance experience for RIAs.

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 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 May 4, 2020

WealthTech Weekly May 4, 2020

Docupace secured a 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…

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…