Xtiva raises $10 million in funding to focus on digital transformation. iCapital Network acquired Artivest. Goldman Sachs Group plans to buy Folio Financial for an undisclosed amount of money.
FIDx announced a strategic partnership with RetireOne. Smartleaf announced it is partnering with IDX Insights. Twenty Over Ten announced a new integration with Wealthbox. Financial advisors Brian Wall and Joe Nastasi are merging their independent practices and joining LPL Financial’s brokerage, corporate RIA and custodial platforms.
TradingFront, working with Interactive Brokers, announced the launch of an integrated white-label advisor and client platform.
Goldman Sachs Group plans to buy a boutique wealth management custodian and technology company called Folio Financial for an undisclosed amount of money, according to a letter that Folio sent to its customers on Thursday and was viewed by Reuters.
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iCapital Network, a fintech platform focused on alternative investing for the asset and wealth management industries, acquired Artivest, a technology company for accessing and investing in alternatives.
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TradingFront, working with Interactive Brokers, announced the launch of an integrated white-label advisor and client platform to power the growth of the RIA industry.
As a result of this partnership, TradingFront will leverage its deep roots in the RIA industry, technological expertise, and understanding of advisors’ day-to-day needs to launch a comprehensive advisor platform integrated with Interactive Brokers’ high-quality execution, trading infrastructure and custodial capabilities, providing RIAs with a superior technology experience integrated directly into a world-class custody platform.
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Twenty Over Ten, an industry-leading SaaS company, announced a new integration with Wealthbox, a modern provider of CRM solutions for financial advisors. This new integration is a contact sync between Wealthbox and Lead Pilot, where advisors can sync contacts from Wealthbox to Lead Pilot daily to automate their inbound marketing efforts.
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Xtiva announced it has raised $10 million to invest in product capabilities to further advance the customer experience, scale the team and expand sales presence focused on key markets.
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Smartleaf announced it is partnering with IDX Insights to provide Smartleaf clients access to additional direct index models in the major equity asset classes, beginning with US large-cap high dividend, mid and SMID index models and ADR-based foreign models. Each index will contain approximately 50 stocks.
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As part of a business continuity plan, Kansas City, Mo.-based financial advisors Brian Wall and Joe Nastasi are merging their independent practices and joining LPL Financial’s brokerage, corporate RIA and custodial platforms.
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FIDx, a product-agnostic platform that integrates the benefits of insurance seamlessly alongside investment products, announced a strategic partnership with RetireOne, the insurance and annuity back office for more than 900 registered investment advisers (RIAs) and fee-based advisors. The partnership supports a unified approach to connect insurance carriers, RIAs, and their existing wealth platforms. The alliance between FIDx and RetireOne will streamline the insurance experience for RIAs.
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