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E*TRADE stockholders voted to adopt the merger agreement with Morgan Stanley. FP Alpha announced a new client data integration with Redtail Technology. Xignite partnered with SIX to offer real-time data from SIX’s catalogue. LPL attracts Cornerstone Financial Planning from Advisor Group. Marstone Inc. will integrate its platform with Apex Clearing to double its workforce over the next years. Chalice Network was named one of the Trustworthy Companies of the year 2020. Snappy Kraken is to reveal the results of a comprehensive analysis of investment adviser marketing trends during the first half of 2020. BNY Mellon Pershing hired Emily Schlosser from Goldman Sachs as a COO.

ETRADE

E*TRADE Financial Corporation announced that its stockholders have voted to adopt the merger agreement with Morgan Stanley, a leading global financial services firm. In its special meeting of stockholders more than 99% of votes were cast in favor of the proposal, based on the preliminary count of proxies returned prior to its special meeting of stockholders. The final voting results will be publicly filed with the Securities and Exchange Commission on a Form 8-K within four business days.

Find details here.

Chalice Financial Network

CEO Views have identified Chalice Network, a technology solution provider, as one of the Trustworthy Companies of the year 2020. The list highlights some of the industry’s most trusted organizations offering the best in class services in the technology landscape.

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Redtail

FP Alpha, an AI-driven wealth management solution for financial advisors, announced a new client data integration with Redtail Technology, a leading provider of client relationship management solutions for the financial advice industry. This new capability not only eliminates the manual steps advisors previously used when uploading their client’s contact information into the FP Alpha tool, but more importantly, turns their Redtail client data into actionable financial planning recommendations.

Find details here.

LPL Financial

LPL attracts Cornerstone Financial Planning from Advisor Group. A Florida-based firm led by two siblings will join LPL Financial’s broker/dealer and RIA platforms, according to the independent broker/dealer. Cornerstone Financial Planning have about $160 million in assets under management.

Find details here.

Snappy Kraken

Snappy Kraken, an award-winning MarTech company focused on helping financial professionals automate their marketing and business processes, will on July 28, 2020 reveal the results of a comprehensive analysis of investment adviser marketing trends during the first half of 2020. Results show major shifts as advisers worked to reach current and prospective clients as the Covid-19 pandemic took hold.

Find details here.

xignate

Xignite has partnered with SIX to offer real-time data from SIX’s catalogue, which includes 1,800-plus global exchanges and trading venues via Xignite Enterprise Microservices, a suite of cloud-native market data management services built to transform how firms store, distribute, manage, and control market data in the cloud.

Find details here.

BNY Mellon | Pershing

BNY Mellon Pershing has hired Emily Schlosser, the former head of change for Goldman Sachs’ global markets division, as its new chief operating officer, replacing Jim Crowley.

Find details here.

Apex Clearing Corporation

Financial technology company Marstone Inc. will integrate its platform with Apex Clearing of New York, with plans to double its workforce over the next years, according to a news release.

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 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…