- Goldman Sachs Group plans to buy Folio Financial for an undisclosed amount of money.
- iCapital Network acquired Artivest.
- TradingFront, working with Interactive Brokers, announced the launch of an integrated white-label advisor and client platform.
- Twenty Over Ten announced a new integration with Wealthbox.
- Xtiva raises $10 million in funding to focus on digital transformation.
- Smartleaf announced it is partnering with IDX Insights.
- Financial advisors Brian Wall and Joe Nastasi are merging their independent practices and joining LPL Financial’s brokerage, corporate RIA and custodial platforms.
- FIDx announced a strategic partnership with RetireOne.
Folio Financial
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.
iCapital Network
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.
TradingFront
TradingFront, working with Interactive Brokers, announced the launch of an integrated white-label advisor and client platform using the custodian's APIs.As a result of this partnership, TradingFront will launch an advisor platform integrated with Interactive Brokers’ execution, trading infrastructure and custodial capabilities.