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Empower Retirement announced its acquisition of Personal Capital. FIS has announced that the company is teaming up with FICO. The CFP Board Center for Financial Planning announced a new scholarship in partnership with Facet Wealth, Inc. Orion Advisor Solutions and Brinker Capital join forces to create a combined technology and TAMP provider.

Skience announced the delivery of a new release of the firm’s award-winning wealth management platform. Wealthfront announced the addition of checking features to its Cash Account. Ellevest announced a first-of-its-kind membership plan created to get more money in the hands of women.

Axos Bank was named one of the three best digital banks in the United States by Kiplinger’s Personal Finance magazine. Twenty Over Ten’s Lead Pilot was recognized as an innovation platform by the 2020 Wealthmanagment.com Industry Awards; Samantha Russell from the company was named to InvestmentNews’ 40 Under 40 list for 2020. Prepay Nation announced that the board of directors has appointed AJ Hanna as CEO and a member of the Board.

Skience

Skience, a leading wealth management services and solution provider, announced the delivery of a new release of the firm’s award-winning wealth management platform that provides advanced technology capabilities that allow wealth management firms, financial advisors, and investors to collaborate more efficiently in a secure digital environment.

Find details here.

Axos Financial

Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), was named one of the three best digital banks in the United States by Kiplinger’s Personal Finance magazine. As part of its annual list of the country’s best banks and credit unions, the magazine also said Axos was one of the top two banks for families and children.

Find details here.

Personal Capital

Empower Retirement, the No. 2 player in the retirement plan record-keeper space behind Fidelity, has announced its acquisition of online registered investment advisor Personal Capital in a deal totaling $1 billion.

Find details here.

FIS

Financial services technology company, FIS has announced that the company is teaming up with FICO, a leader in predictive analytics and financial crime prevention to help North American financial institutions to stay ahead of the increasingly sophisticated money launderers and other financial criminals by building an advanced anti-money laundering (AML) solution.

Find details here.

Facet Wealth

The CFP Board Center for Financial Planning (the Center) announced a new scholarship in partnership with Facet Wealth, Inc., to advance diversity and inclusion in the financial planning profession. The Facet Wealth Scholarship for Increased Diversity in Financial Planning will support African American/Black candidates seeking to become CERTIFIED FINANCIAL PLANNER™ professionals.

Find details here.

Twenty Over Ten

Twenty Over Ten, an industry-leading SaaS company, announced that Chief Marketing & Business Development Officer, Samantha Russell, was named to InvestmentNews’ 40 Under 40 list for 2020 for her accomplishments in strengthening the financial advice industry.

Find details here.

Twenty Over Ten’s newest product, Lead Pilot, was recognized as an innovation platform by the 2020 Wealthmanagment.com Industry Awards.

Find details here.

Orion

Orion Advisor Solutions, the premier provider of the tech-enabled fiduciary framework that empowers financial advisors to Prospect, Plan, Invest, and Achieve within a single, connected experience; and Brinker Capital, a premier investment management company serving advisors at insurance broker-dealers and independent broker-dealers; announced they will join forces to create a combined technology and TAMP provider enabling independent financial advisors to grow their businesses, serve their clients, and win in the marketplace.

Find details here.

Wealthfront

Wealthfront announced the addition of checking features to its Cash Account. This is the company’s latest move to build a nextgen banking service that is branchless, automated and optimizes every dollar you earn. There is no fee or account minimum to access the new checking features.

Find details here.

Prepay Nation, a rapidly growing fintech company that facilitates the transfer of mobile airtime and data across international borders, announced that the board of directors has appointed AJ Hanna as chief executive officer and a member of the Board, effective July 1st, 2020. Hanna will succeed Anurag Jain, co-founder of Prepay Nation and its CEO since inception over 10 years ago.

Find details here.

Ellevest

Ellevest announced a first-of-its-kind membership plan created to get more money in the hands of women by helping them invest, save, and advance their careers. Ellevest’s new membership model includes access to 1:1 financial and career coaching, member-only workshops and guides, personalized investing plans, a no-fee Mastercard debit card, and Spend and Save banking accounts with automatic Roundup to start saving sooner. Membership plans start at $1 a month.

Find details here.

WealthTech Weekly August 10, 2020

WealthTech Weekly August 10, 2020

Intuit is to acquire TradeGecko. Pathstone acquires Cornerstone Advisors. ROBO Global joins Oranj's list of asset managers. TruChoice Financial Group announced a new relationship with Snappy Kraken. Addepar was named…

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 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…