Brinker Capital
Brinker Capital, an investment management company focused on multi-asset class investing, announced that its wealth advisory division surpassed $5 billion in assets under management after the company made enhancements to the offering and reduced the investment minimum to $1 million in 2018.
Bluepring
Bluespring Wealth Partners, the RIA acquisition unit of Kestra Financial, said it has purchased Retirement Wealth Specialists, which managed $400 million in client assets from offices in St. Augustine, Longwood and Sarasota, Fla.
Riskalyze
Riskalyze announced brand new functionality and workflows as upgrades to its Riskalyze Select and Elite products to help financial advisors and wealth management enterprises address the new Regulation Best Interest (Reg BI) rule that is expected to take effect later this year. Riskalyze gives advisors the ability to assess client risk tolerance, build a proposal through a proprietary Reg BI-compliant workflow, attach and document the delivery for Form CRS with those proposals, implement them via Trading Automation, and give home offices visibility into the process with a configurable enterprise dashboard.