Facet Wealth has appointed co-founder Brent Weiss, CFP, as Chief Evangelist. Xtiva launches Xtiva Connect integration service that expands on its data-driven products for the financial services sector. SoFi Invest enables users to buy and sell fractional shares with as little as $1 in over 50 popular stocks and ETFs. Voya Financial Advisors launches a new digital advice platform to support its advisors and retail clients. Chalice Financial Network has launched Succession Link 2.0. Cetera Financial Group launched a retirement income-focused tool for its affiliated advisors. DriveWealth in partnership with IPJukebox launches WealthSeed, a valuable alternative to traditional employer-sponsored plans.
First Rate and HiddenLevers integrate to enable wealth managers access to forward-looking portfolio analytics with historical portfolio results. Xignite integrates XPansion’s XMon analytics and reporting functionality into its Market Data Cloud Platform. Orion Advisor Services has purchased Advizr to incorporate the financial planning technology into its turnkey asset management program.
AssetMark launched the roadshow for its initial public offering of 12,500,000 shares of its common stock.
Facet Wealth (“Facet”), a next-generation financial services company founded on the principle of opening access to affordable, high-quality financial planning services for the mass-affluent, has appointed co-founder Brent Weiss, CFP,® as Chief Evangelist. Weiss, previously the firm’s head of planning, now pioneers this unique role in the RIA industry, underscoring Facet Wealth’s Silicon Valley DNA.
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Xtiva has announced the launch of its Xtiva Connect integration service that expands on its data-driven products for the financial services sector. “We’re excited to make data-driven decision making easier for customers through our Connect product,” said Rhonda Ritter, Director of Data & Analytics, Xtiva. “Organizations are often data rich and insight poor, due to a lack of data liquidity. We are fixing that.”
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Fintech unicorn SoFi announced on Monday the general availability of its Stock Bits feature for SoFi Invest, offering the ability to buy and sell fractional shares with as little as $1 in over 50 popular stocks and ETFs ranging from Apple and Amazon, to Alphabet and Tesla.
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First Rate, a leading provider of wealth management solutions to the financial services marketplace, and HiddenLevers, a cutting-edge, comprehensive risk monitoring and analytics platform, announced an integration to enable wealth managers access to forward-looking portfolio analytics with historical portfolio results.
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AssetMark Financial Holdings, Inc. (“AssetMark”) announced that it has launched the roadshow for its initial public offering of 12,500,000 shares of its common stock. AssetMark is offering 6,250,000 shares of common stock, and the selling stockholder, an affiliate of Huatai Securities Co., Ltd., is offering 6,250,000 shares of common stock.
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Xignite, a provider of market data distribution and management solutions for financial services and technology companies, has announced a strategic partnership with XPansion, a provider of market data usage, tracking and business monitoring software, to integrate XPansion’s XMon analytics and reporting functionality into its Market Data Cloud Platform.
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Orion Advisor Services has purchased Advizr, a financial planning tech company, in a move to incorporate the technology into its turnkey asset management program and tech tools while helping clients take more of the reins in the planning process.
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DriveWealth, LLC, a leader in global digital trading technology, in partnership with IPJukebox, a consumer-focused fintech company, announced the launch of WealthSeed, a new online investment product designed to give independent contractors a valuable alternative to traditional employer-sponsored plans. The DriveWealth platform is the engine for the new offering that aims to remove barriers to building long-term financial health.
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Voya Financial Advisors, the retail wealth management arm of Voya Financial, is launching a new digital advice platform to support its advisors and retail clients, according to an announcement. Called Voya Digital Adviser, the application provides investors with automated, fee-based portfolios managed by the firm.
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Several months after Chalice Financial Network, a member benefit organization for registered investment advisors, acquired Succession Link, an online platform for financial advisors seeking potential partners for mergers and acquisitions, it has launched Succession Link 2.0, with updates intended to speed introductions and transactions between advisors looking to buy or sell.
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Cetera Financial Group announced the launch of a retirement income-focused tool for its affiliated advisors, the latest development on its technology roadmap. Called SetIncome, the tool can be used to create a retirement income plan that incorporates asset management models from Capital Group’s American Funds and fixed annuities from Allianz.
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