Happy Tuesday, Fellow Fintechers!

It was another intense week for us all, no doubt. Let me start by sending you all my sincere wishes for your health and well being, and my prayers to those who have been affected by COVID-19 either personally, or through their loved ones.

We are all learning how to live differently in this new world, and as I’ve said in recent newsletters, fintech is definitely playing a part. Our slice of fintech here at FA magazine is the wealthtech sector, which encompasses the technology utilized by advisors to run their practices. 

Today – as always – we start with our Wealthtech Weekly column from our resident guru Vasyl Soloshchuk, with recent news from Envestnet, Allianz Global Investors, Demand Wealth and more. We also have a really interesting 3 Questions interview with Craig Pearson of Private Wealth Systems, who shares how the loss of his family’s UHNW status led to the creation of his firm, which helps solve many problems that aren’t easily understood or optimally managed by other wealthtechs serving the sector. 

Next up is an interview with Adrian Johnstone of CRM wealthtech firm Practifi, who shares his vision of how advisors can improve their business practices with technology. We also have an outstanding piece from FA magazine senior editor Chris Robbins on how technology and continuity planning are keeping advisors aligned with TD Ameritrade Institutional running during the outbreak. 

Finally, we have received a deluge of outreach from wealthtech firms this past week with a variety of discounted or free offerings for advisors, during this current crisis. We have two separate posts detailing some of these options covering cybersecurity firm Entreda, and wealthtech marketing firm Snappy Kraken and a third post from Israeli fintech Innovesta detailing the launch of their new COVID-19 Resilience Innodex (CRI), a score based on a business’s ability to weather the effects of a pandemic such as COVID-19, based on their AI and natural language processing technology.  

FA Mag’s Fintech News is committed to giving you the knowledge you need to best utilize your tech stack during the COVID-19 crisis.  Read up and stay abreast on all the latest news today and in the weeks to come. And finally, be safe and stay hopeful. There is a light at the end of this tunnel.

Yours in Fintech,
Cindy Taylor