DriveWealth partners with Australian Verrency to enable shoppers to invest in companies where they purchase goods and services. Vestmark partners with Oranj to provide its advisors with new strategies. SS&C Technologies integrates ERS with its TRAC. Wealthfront offers retirement planning for individuals without Wealthfront account. Asset-Map is completely integrated with MoneyGuidePro. Fiserv presents financial planning solution. SEI integrates Advizr’s financial planning tool into SEI’s solution. Advyzon integrates with Schwab OpenView Gateway to provide advisors with seamless data flow between both platforms. Riskalyze integrates with MyRepChat to help Financial Advisors have conversations about risk with their clients.
Digital brokerage solution provider DriveWealth announced last Monday it has joined forces with Australian global payments platform Verrency to deliver its fractional share investment platform to a new segment of consumers. DriveWealth reported that through the new partnership shoppers who have a debit or credit card will have the opportunity to invest in companies from which they purchase goods and services.
Find details here.
Vestmark, the leading provider of portfolio management and trading solutions for financial institutions and advisors, announced a partnership with Chicago-based financial technology firm Oranj. Vestmark Advisory Solutions (VAS) will give Oranj advisors access to the more than 500 third-party strategies available today as models in the Vestmark Manager Marketplace (VMM). VAS also will perform the trading and related services required to implement the models selected by Oranj advisors for their clients, which can include both ETF strategist models and traditional equity strategies.
Find details here.
SS&C Technologies Holdings, Inc., a global provider of financial services software and software-enabled services, announced a collaborative agreement with Envestnet Retirement Solutions (ERS) to integrate its Managed Account solution with SS&C’s retirement record keeping platform, TRAC®.
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Wealthfront announced a new program to offer retirement planning software to all individuals in the U.S. at no cost. Called Freemium, the service lets users that do not have a Wealthfront account sync financial information into the company’s Path tool, which then calculates ideal spending rates and budgets and helps map out a plan for retirement.
Find details here.
Asset-Map, announced the completion of its integration with MoneyGuidePro®, the leading financial planning software for advisors created by PIEtech℠, Inc. Through this partnership, financial advisors can seamlessly access MoneyGuidePro household data through Asset-Map’s visualization platform to create comprehensive one-page visual summaries of a client’s financial life.
Find details here.
Fiserv presents financial planning solution.
Fiserv is digging into the financial planning game, presenting a toolkit built from in-house development and acquisitions at the T3 Conference in Las Vegas. The kit, referred to as Financial Advice Management, allows advisors to execute single goal, multi-goal and comprehensive planning. The feature is meant to connect modular systems into one platform, including API-friendly contact management that plugs into outside CRM applications, risk questionnaires, account onboarding via a data aggregator.
Find details here.
Thomson Reuters announced that it has signed a definitive agreement to acquire Integration Point, an international leader in global trade management (GTM) operations. The completion of the acquisition is subject to customary regulatory approvals and closing conditions. Terms of the transaction were not disclosed.
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SEI announced the expansion of its SEI BusinessWise Program, enabling advisors to more efficiently build and deliver actionable financial plans to their clients. By integrating Advizr’s financial planning tool into SEI’s current automated workflows, Independent Advisor Solutions by SEI (Independent Advisor Solutions) helps advisors deepen client relationships by providing a tailored experience – from flexible, focused modular planning options to a completely holistic approach.
Find details here.
Advyzon, an all-in-one, cloud-based financial advisor technology platform announced it will integrate with Schwab OpenView Gateway®, the Schwab Advisor Services™ integration platform, which supports more than 7,500 independent investment advisors.
The Advyzon integration with OpenView Gateway will provide advisors who custody assets with Schwab seamless data flow between Schwab and Advyzon. Advisors will be able to access custody data from Schwab Advisor Center® – including their balances, alerts, reports, transactions, and profile details – in real-time within the Advyzon platform, as well as send information such as fee billing calculations, back to Schwab.
Find details here.
Riskalyze is widely recognized as a leader in the financial services industry for helping Financial Advisors have conversations about risk with their clients. MyRepChat, a communication platform enabling Financial Advisors to communicate compliantly via text messaging, has integrated with Riskalyze to bring the best of both worlds together.
Find details here.
