Envestnet | Yodlee is a new Nacha Preferred Partner for Account Validation. Fiduciary Benchmarks has launched the Business Management Dashboard. Covr Financial Technologies’ digital platform integrates with and Envestnet’s MoneyGuideElite financial planning software product. Facet Wealth is absorbing new clients and staff members from Grove through a new deal. eMoney’s Foundational Planning feature is getting a new module called Life Insurance Gap Analysis.
Envestnet | Yodlee is a new Nacha Preferred Partner for Account Validation.
In becoming a Nacha Preferred Partner, Envestnet | Yodlee joins a select group of innovators contributing to Nacha’s strategic efforts in support of the payments ecosystem by removing friction, increasing ease, improving cash flow accessibility and efficiency, as well as supporting sound risk management and security for ACH payments.
Find details here.
Fiduciary Benchmarks has launched the Business Management Dashboard, an open architecture platform where advisers can bring together all of their data and tools to manage client and prospect workflows. Global Retirement Partners is the firm’s first client for the dashboard, offering it to all of its advisers as of September 1.
Find details here.
Covr Financial Technologies and Envestnet MoneyGuide announced the launch of Covr’s digital platform integration within the MoneyGuideElite financial planning software product and the lifetime insurance block within the MyBlocks digital, client engagement financial wellness solution. This partnership combines the power of Covr’s digital insurance platform with the industry’s leading financial planning software to allow financial advisors to better meet their clients’ changing life insurance needs over time. Life insurance protection is a critical component of a comprehensive financial plan.
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Facet Wealth, a Baltimore fintech that aims to provide financial planning services for moderately wealthy people, is absorbing new clients and staff members from an industry competitor through a new deal.
Grove, a venture capital-backed startup and Facet Wealth competitor, created a financial technology that was recently acquired by Silicon Valley-based Wealthfront Inc. In the wake of that deal, Facet Wealth made an agreement to integrate the financial planning arm of Grove’s business, which was shutting down following the acquisition.
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eMoney’s Foundational Planning feature is getting a new module, according to an announcement by Fidelity’s financial planning software company. Called Life Insurance Gap Analysis, the feature is intended to illustrate client insurance needs through either a modular approach or as part of a broader financial plan.
Find details here.
