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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 August 3, 2020

WealthTech Weekly August 3, 2020

Apex Clearing integrates with Orion. Mirador partners Fusion Financial Partners. Fi360 partners with ProctorU. DriveWealth partners with MotivHealth. MoneyGuide teamed up Envestnet Analytics. Sezzle partners with Plaid. Hearsay Systems partners with Salesforce. Asset-Map announced AdviceTech.LIVE, a live,…

WealthTech Weekly July 27, 2020

WealthTech Weekly July 27, 2020

E*TRADE is to adopt the merger agreement with Morgan Stanley. FP Alpha announced a new client data integration with Redtail. Xignite partnered with SIX. Cornerstone Financial Planning joins LPL. Marstone will integrate with…

WealthTech Weekly July 20, 2020

WealthTech Weekly July 20, 2020

Radius Bank in partnership with Harvest Savings & Wealth Technologies deploy Goalkeeper. AdvicePay partnered with Envestnet | MoneyGuide. Insigneo partners with Skience. DriveWealth retained BackBay Communications as agency of record. Riskalyze appointed Brian McLaughlin to its…

WealthTech Weekly July 13, 2020

WealthTech Weekly July 13, 2020

AdvicePay integrates MoneyGuide. Morningstar acquires Sustainalytics. Twenty Over Ten updates its Lead Pilot tool. ParameterInsights published a report on changes in the wealth management industry. SmartAsset's CEO, Michael Carvin, was named one of…

WealthTech Weekly July 6, 2020

WealthTech Weekly July 6, 2020

Empower Retirement acquires Personal Capital. FIS is teaming up with FICO. The CFP Board Center for Financial Planning partners with Facet Wealth. Orion Advisor Solutions and Brinker Capital create a…

WealthTech Weekly June 29, 2020

WealthTech Weekly June 29, 2020

Envestnet partners with Dynasty Financial Partners. Orion partners with State Street Global Advisors. Smartleaf partners with Melius Investments. Cary Street Partners acquired Waypoint Advisors. Advisor Group rolls out its new eQuipt Dashboard. Ellevest is…

WealthTech Weekly June 22, 2020

WealthTech Weekly June 22, 2020

LPL advisors now have access to AdvicePay. GeoWealth announced a strategic alliance with Foreside Financial Group. TD Ameritrade Institutional launches a new RIAConnent tool. Broadridge launches AI-powered platform. Intuit QuickBooks' new ML-powered tool…

WealthTech Weekly June 15, 2020

WealthTech Weekly June 15, 2020

M1 Finance raised $33 million. DriveWealth partners with Winvesta Ltd. AdvisorPeak partners with FinMason. Act Analytics integrates with SS&C Advent’s Black Diamond® Wealth Platform. GeoWealth adds PIMCO fixed income model portfolios to…