- Entreda delivers its Endpoint Monitoring and Remediation suite of solutions on a complimentary basis for the first month of use to financial advisors and wealth management firms.
- Snappy Kraken announced it had curbed its pricing and fees.
- Demand Wealth received an undisclosed seven figure investment from FinTech Private Equity firm Niche Investment Partners LLC.
- InvestCloud announced Taryn Balthazar as EVP, Head of Distribution Asia Pacific and Australia.
- Envestnet has entered into a strategic partnership with Compliance Solutions Strategies.
- Allianz Global Investors joined Oranj’s model marketplace for financial advisors.
- iCapital Network announced that they had closed a $146 million financing round.
Entreda
Entreda, a developer of integrated cybersecurity software and solutions for the wealth management industry, announced the delivery of its Endpoint Monitoring and Remediation suite of solutions on a complimentary basis for the first month of use to financial advisors and wealth management firms that are already using the company’s services.
Snappy Kraken
In an open letter to financial advisors and wealthtech firms, digital marketing firm Snappy Kraken announced it had curbed its pricing and fees. Snappy Kraken’s CEO Robert Sofia said he hopes waiving setup fees and lowering prices will aid advisors who have an assets-under-management compensation model.
Demand Wealth
Demand Wealth is receiving an undisclosed seven-figure sum from private equity firm Niche Investment Partners. Providing investors with an alternative to broad or often misleading investment portfolios, the Demand Wealth platform allows clients to invest according to their political, religious, and ethical convictions along with specialized portfolios designed for specific life stages (e.g. newlyweds, divorce or family death).
InvestCloud
Los Angeles-based InvestCloud, a global digital wealth management solutions provider, has announced Taryn Balthazar as EVP, Head of Distribution Asia Pacific and Australia as the firm looks to scale up its presence and delivery capabilities in APAC. The move is designed to support product delivery and development of closer relationships with key clients and partners across the region.