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LPL advisors now have access to AdvicePay. GeoWealth announced a strategic alliance with Foreside Financial Group. TD Ameritrade Institutional launches a new matching tool to help advisors find more and diverse talent. Broadridge launches AI-powered digital execution platform for next-gen liquidity corporate bonds. Intuit QuickBooks’ new ML-powered tool predicts SMB cashflow. Ruchir Swarup, former Managing Director at BlackRock, has joined Addepar as Chief Technology Officer.  Advisor360° names Richard Napolitano, former EMC/Dell executive, as CEO.

LPL Financial

LPL Financial LLC, a leading retail investment advisory firm, RIA custodian and independent broker-dealer, announced that LPL advisors now have access to AdvicePay, a leading fee-payment-processing platform designed specifically for financial advisors. Advisors using the platform will be able to invoice clients directly for financial planning services, as well as accept online payments, to make it easier for advisors and their clients.

Find details here.

GeoWealth

GeoWealth, a financial technology and asset management platform (TAMP), announced a strategic alliance with Foreside Financial Group (“Foreside”), a global provider of compliance technology solutions and product distribution services to the asset and wealth management industries. Through this partnership, financial advisors that are either breaking away and becoming independent, or are founding a registered investment advisory firm (“RIA”), will have access to the full, turnkey investment, technology, and compliance infrastructure they need to successfully launch their businesses.

Find details here.

TD Ameritrade

TD Ameritrade Institutional has launched its own RIA matching service for mergers and acquisitions, succession planning and next generation talent. The new RIAConnent service enables virtual introductions between buying and selling firms. Its sister portal, RIAConnect NextGen provides a space for firms to screen graduates and career-changers looking for part-time or full-time work by location, years of work experience, professional designation and field of study.

Find details here.

Addepar

Addepar, a leading technology platform for wealth management, announced that Ruchir Swarup has joined the company as Chief Technology Officer. Swarup joins Addepar after serving for 19 years as Managing Director at BlackRock, the world’s largest asset manager, where he was responsible for strategy, design, and development of Post Trade capabilities of the firm’s flagship Aladdin platform, used globally by BlackRock and Aladdin clients. He was also a member of BlackRock’s Global Operating Committee.

Find details here.

Broadridge Financial Solutions

Global Fintech provider Broadridge Financial Solutions, Inc., announced that LTX, its new AI-driven corporate bonds trading platform, has executed its first trades. In the creation of LTX, Broadridge partnered with Jim Toffey, founder of Tradeweb Markets. The platform combines artificial intelligence (AI) with a new digital execution protocol that allows broker-dealers to improve market liquidity, efficiency and execution for their buy-side customers.

Find details here.

 Advisor360°

WealthTech software company Advisor360° announced it has named technology industry veteran Richard Napolitano as CEO to scale the company and bring the Advisor360° solution to financial advisors and enterprises across the wealth management industry.

Find details here.

Intuit QuickBooks

Intuit QuickBooks has rolled out a machine learning-based cashflow prediction tool to assist thousands of small and medium businesses with getting back on the road to recovery. The solution – called the Cash Flow planner – is the first of its kind in the industry Intuit Quickbooks states. It also comes at a time when cashflow prediction is needed more than ever before after the COVID-19 shutdowns.

Find details here.

PayTech Round-Up September 16, 2020

PayTech Round-Up September 16, 2020

Square launched “On-Demand Pay”. Payoneer launched Payoneer for Banks. Sezzle released its virtual card for shoppers. Dash launched the FastPass network initiative. KodyPay raised £1.8m in funding. Deel raised $30m in Series B funding. CheckAlt…

WealthTech Weekly September 14, 2020

WealthTech Weekly September 14, 2020

M1 Finance reported 100% growth in its AUM portfolio in six months. Panoramix partners with Shareholders Service Group. Riskalyze announced an enterprise agreement with H. Beck. Prepay Nation partners with ACE Money…

PayTech Round-Up September 9, 2020

PayTech Round-Up September 9, 2020

2Checkout is acquired by Verifone. Zip Co agreed to acquire QuadPay. Melio raised $144m in funding. Cred and Checkbook.io joined Visa’s Fast Track program. AvidXchange launched the “Boost your Business” Program. Sezzle unveiled its virtual…

WealthTech Weekly September 7, 2020

WealthTech Weekly September 7, 2020

Advicent relations with MX. FIDx partners with Envestnet | MoneyGuide. MyRepChat announced an agreement with Cetera. InvestEdge Compliance and Surveillance is added to the Sanctuary Wealth platform. Smarsh participates in the Microsoft OCP program. Wealthfront…

PayTech Round-Up September 2, 2020

PayTech Round-Up September 2, 2020

QuadPay partners with Mastercard Vyze. Four partners with Stripe. The Payoneer for banks program partners with Kuda Bank. Capchase raised $4.6m in seed funding. Plastiq Accept, a card acceptance product, is…

WealthTech Weekly August 31, 2020

WealthTech Weekly August 31, 2020

CAIS announced an integration agreement with BNY Mellon’s Pershing. Wealthbox partners with Shareholders Service Group. DriveWealth partnered with Flink to give access to the US equities market to Flink's platform. Riskalyze…

PayTech Round-Up August 26, 2020

PayTech Round-Up August 26, 2020

Zuora expanded its partnership with GoCardless. Plastiq partners with Silicon Valley Bank. TransferWise expanded partnership with Mastercard. Radius Bank partners with Currencycloud. The Metal Neo Bank Payment Platform has acquired Bloks.io. Paystand…

WealthTech Weekly August 24, 2020

WealthTech Weekly August 24, 2020

Xignite revealed the results of a collaboration with SoFi on the launch of the SoFi Invest trading platform. Thomson Reuters acquired CaseLines. Wealthfront is rolling out cash prizes to its users. Advisors Todd Stabler and…