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DriveWealth partners with Australian Verrency to enable shoppers to invest in companies where they purchase goods and services. Vestmark partners with Oranj to provide its advisors with new strategies. SS&C Technologies integrates ERS with its TRAC. Wealthfront offers retirement planning for individuals without Wealthfront account. Asset-Map is completely integrated with MoneyGuidePro. Fiserv presents financial planning solution. SEI integrates Advizr’s financial planning tool into SEI’s solution. Advyzon integrates with Schwab OpenView Gateway to provide advisors with seamless data flow between both platforms. Riskalyze integrates with MyRepChat to help Financial Advisors have conversations about risk with their clients.

DriveWealth

Digital brokerage solution provider DriveWealth announced last Monday it has joined forces with Australian global payments platform Verrency to deliver its fractional share investment platform to a new segment of consumers. DriveWealth reported that through the new partnership shoppers who have a debit or credit card will have the opportunity to invest in companies from which they purchase goods and services.

Find details here.

Vestmark

Vestmark, the leading provider of portfolio management and trading solutions for financial institutions and advisors, announced a partnership with Chicago-based financial technology firm Oranj. Vestmark Advisory Solutions (VAS) will give Oranj advisors access to the more than 500 third-party strategies available today as models in the Vestmark Manager Marketplace (VMM). VAS also will perform the trading and related services required to implement the models selected by Oranj advisors for their clients, which can include both ETF strategist models and traditional equity strategies.

Find details here.

SS&C Technologies

SS&C Technologies Holdings, Inc., a global provider of financial services software and software-enabled services, announced a collaborative agreement with Envestnet Retirement Solutions (ERS) to integrate its Managed Account solution with SS&C’s retirement record keeping platform, TRAC®.

Find details here.

Wealthfront

Wealthfront announced a new program to offer retirement planning software to all individuals in the U.S. at no cost. Called Freemium, the service lets users that do not have a Wealthfront account sync financial information into the company’s Path tool, which then calculates ideal spending rates and budgets and helps map out a plan for retirement.

Find details here.

Asset-Map

Asset-Map, announced the completion of its integration with MoneyGuidePro®, the leading financial planning software for advisors created by PIEtech℠, Inc. Through this partnership, financial advisors can seamlessly access MoneyGuidePro household data through Asset-Map’s visualization platform to create comprehensive one-page visual summaries of a client’s financial life.

Find details here.

fiserv

Fiserv presents financial planning solution.

Fiserv is digging into the financial planning game, presenting a toolkit built from in-house development and acquisitions at the T3 Conference in Las Vegas. The kit, referred to as Financial Advice Management, allows advisors to execute single goal, multi-goal and comprehensive planning. The feature is meant to connect modular systems into one platform, including API-friendly contact management that plugs into outside CRM applications, risk questionnaires, account onboarding via a data aggregator.

Find details here.

Thomson Reuters

Thomson Reuters announced that it has signed a definitive agreement to acquire Integration Point, an international leader in global trade management (GTM) operations. The completion of the acquisition is subject to customary regulatory approvals and closing conditions. Terms of the transaction were not disclosed.

Find detais here.

SEI

SEI announced the expansion of its SEI BusinessWise Program, enabling advisors to more efficiently build and deliver actionable financial plans to their clients. By integrating Advizr’s financial planning tool into SEI’s current automated workflows, Independent Advisor Solutions by SEI (Independent Advisor Solutions) helps advisors deepen client relationships by providing a tailored experience – from flexible, focused modular planning options to a completely holistic approach.

Find details here.

Advyzon

Advyzon, an all-in-one, cloud-based financial advisor technology platform announced it will integrate with Schwab OpenView Gateway®, the Schwab Advisor Services™ integration platform, which supports more than 7,500 independent investment advisors.

The Advyzon integration with OpenView Gateway will provide advisors who custody assets with Schwab seamless data flow between Schwab and Advyzon. Advisors will be able to access custody data from Schwab Advisor Center® – including their balances, alerts, reports, transactions, and profile details – in real-time within the Advyzon platform, as well as send information such as fee billing calculations, back to Schwab.

Find details here.

Riskalyze

Riskalyze is widely recognized as a leader in the financial services industry for helping Financial Advisors have conversations about risk with their clients. MyRepChat, a communication platform enabling Financial Advisors to communicate compliantly via text messaging, has integrated with Riskalyze to bring the best of both worlds together.

Find details here.

WealthTech Weekly November 12, 2018

WealthTech Weekly November 12, 2018

Empower Retirement plans to launch a new platform. GPS Wealth Management implemented Riskalyze. iCapital Network has got a strategic investment from JPMorgan Chase & Co.  AlphaCore Technologies releases a FinTech tool for intelligent investing.…

WealthTech Weekly November 5, 2018

WealthTech Weekly November 5, 2018

Australian IRESS launches a new client portal to improve client engagement. SigFig launches new advisor-focused platform with “coaching” tools. Marstone announced the launch of BlackRock Model Portfolio Solutions on its platform. eMoney Advisor…

WealthTech Weekly October 22, 2018

WealthTech Weekly October 22, 2018

Fidelity launches a new company conceived to trade cryptos and a new digital marketplace to help advisors deepen existing integrations. Envestnet | Yodlee Risk Insight Solutions will be integrated with Freddie…

WealthTech Weekly October 15, 2018

WealthTech Weekly October 15, 2018

Last week, we saw many announcements of partnerships and integrations. TD Ameritrade introduced a new platform for financial investors. Robinhood launched its own trade-clearing system. Interactive Brokers now offers its PortfolioAnalyst tool…

WealthTech Weekly October 8, 2018

WealthTech Weekly October 8, 2018

DriveWealth has entered new business. Apex Clearing enables commission-free trading.  Finicity will share customer information with financial apps and services. The Wealthsimple Pension will help people to save for the future. Trustee Partners has rebranded…

WealthTech Weekly October 1, 2018

WealthTech Weekly October 1, 2018

TD Ameritrade was fined $500k. RightCapital launches a white-labeled, native mobile app. BlackRock collaborates with Thomson Reuters to launch an ETF. FinMason partnered with Totum Risk to power intuitive graphs…

WealthTech Weekly September 24, 2018

WealthTech Weekly September 24, 2018

The second generation of Unify platform from Entreda. InvestEdge announces a unified managed account. Robinhood sells users’ data. Crypto-related projects from Fidelity Investments. An agreement between Emotomy and Transatlantique Private…

WealthTech Weekly September 17, 2018

WealthTech Weekly September 17, 2018

Robinhood plans to conduct IPO. EValue helps The Pensions Advisory Service to launch a digital assistant. MoneyGuidePro releases fifth-generation financial planning tool. Betterment makes advice more accessible and personalized via its…