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Envestnet and Dynasty Financial Partners are partnering. Orion partners with State Street Global Advisors. Smartleaf adds EAM Portfolios of Melius Investments to its model hub. Cary Street Partners acquired Waypoint Advisors. Advisor Group rolls out its new eQuipt Dashboard for financial professionals. Ellevest is expanding into banking. Sezzle is to become a Public Benefit Corporation. Snappy Kraken was selected as finalists for the WealthManagement.com 2020 Industry Awards, in three Technology Provider categories.

Dynasty Financial Partners

Envestnet and Dynasty Financial Partners are partnering to offer “equity-like” and debt financing to RIAs outside of the Dynasty Network, in a first for the industry. As part of the rollout of Envestnet’s Advisor Services Exchange (ASx), Dynasty is opening its financing options to RIAs outside of its network for the first time.

Find details here.

Advisor Group

Advisor Group, the network of independent wealth management firms, announced the rollout of its new eQuipt Dashboard for financial professionals to facilitate compliance with the SEC’s new RegBI by incorporating streamlined options for managing electronic delivery of required disclosures, key account documents, etc.

Find details here.

Orion

Orion Advisor Solutions, the premier provider of financial advisor technology and investment solutions, announces a new offering with State Street Global Advisors (State Street), and the availability of a suite of low-cost model portfolios.

Find details here.

Orion Advisor Solutions, the premier provider of financial advisor technology and enhanced investment solutions, announces the creation of two market-relevant, thematic stock and direct indexing strategies, U.S. Biotechnology and U.S. Metals and Mining, designed and managed through Orion’s SMA portfolio optimization tool, ASTRO.

Find details here.

Snappy Kraken

Snappy Kraken, a MarTech company focused on helping financial professionals automate their marketing and business growth, announced they have been selected as finalists for the WealthManagement.com 2020 Industry Awards, in three Technology Provider categories. This is the only awards program of its kind to honor outstanding achievements by companies and organizations that support financial advisor success.

Find details here.

SmartLeaf

Smartleaf, one of the industry’s leading Overlay Management platforms, and MIGMIR LLC, dba Melius Investments, an RIA built upon the power and promise of Ensemble Active Management, are pleased to announce that Melius’s EAM Portfolios are being added to Smartleaf’s model hub.

Find details here.

Sezzle

Minneapolis-based financial-technology startup Sezzle announced that it had changed its company charter to become a Public Benefit Corporation. PBC is a legal designation that requires businesses to do right by all stakeholders. This means that a company’s managers and board must lead the business in a way that contributes to a general public benefit, in addition to seeking a financial return for investors.

Find details here.

Cary Street Partners

Cary Street Partners, the wealth management arm of Cary Street Partners Financial based in Richmond, Va., has acquired Waypoint Advisors, a Virginia Beach, Va.-based registered investment advisor with about $215 million in client assets. The transaction, expected to close at the end of this month, will create a combined firm with $4 billion in client assets.

Find details here.

Ellevest

Ellevest, a company whose focus has been on closing the gender investing gap by way of a financial planning service aimed at women, is expanding into banking. The company announced a new membership plan which encompasses one-on-one financial and career coaching, member-only workshops and guides, personalized investing plans, plus a no-fee debit card and banking service.

Find details here.

PayTech Round-Up January 13, 2021

PayTech Round-Up January 13, 2021

Bakkt goes public. NCR buys Cardtronics. Mastercard launches a new tool. EVO Payments expanded its suite of solutions. ThryvPay processed more than $2M. PrimaHealth Credit launched a BNPL payment plan. PayJunction launched an electronic…

WealthTech Weekly January 11, 2021

WealthTech Weekly January 11, 2021

Twenty Over Ten launched a refreshed brand and revamped website. Citadel Servicing Corporation is rebranding as Acra Lending. Integrated Advisors Network acquired ReDefine Independent Advisors. Captrust Financial Advisors acquires MRA Associates. Hub International…

PayTech Round-Up December 23, 2020

PayTech Round-Up December 23, 2020

Wirex is a principal member of Visa in Europe. Big Y will use NCR Corporation’s platform. Thoma Bravo LP acquires RealPage Inc. Billhop partners with Visa Finland and Oma Säästöpankki Oyj. Rent-A-Center acquires…

WealthTech Weekly December 21, 2020

WealthTech Weekly December 21, 2020

Fischer & Company will merge with Stralem & Company. Raymond James is to acquire Financo. RightCapital integrates with LPL`s ClientWorks program. Docupace partners with Ameritas. Taxdoo raised $21 million. Landbay attracted more than…

PayTech Round-Up December 16, 2020

PayTech Round-Up December 16, 2020

Gleif plans to develop a digital service. Swedish Rocker pilots the contactless fingerprint debit card. Barclaycard launched a new online platform. OKCoin will trade Blockstack's STX since January. FMX trading platform is officially…

WealthTech Weekly December 14, 2020

WealthTech Weekly December 14, 2020

Wealth Enhancement Group increased its AUM by $3B. LaSalle St. rolled out its Growth Acceleration Platform. Fusion Financial Partners launched FusionNetix™. benjamin launched its complete technology. WageCan partners with CYBAVO. SimCorp collaborates with…

PayTech Round-Up December 9, 2020

PayTech Round-Up December 9, 2020

Zuora partners with Stripe. TransferGo teamed up with Mastercard. Boom Commerce partners with Paide. Finexio partners with Veem. Fulcrum Equity Partners sold their investment in Fattmerchant to GSV. CULS selected ACI Speedpay.…

WealthTech Weekly December 7, 2020

WealthTech Weekly December 7, 2020

S&P Global will buy IHS Markit. FMG Suite acquired Twenty Over Ten. Laird Norton Wealth Management merged with Filament. FA Match announced a $1M pre-seed funding round. New appointment atBNY Mellon Wealth Management. AlphaTrAI…