• Broadridge completed the acquisition of Financial Database Services.
• AdvicePay provides client data integration with Wealthbox.
• eMoney starts producing podcasts in partnership with Benzinga.
• Vestmark launched a redesigned website featuring tailored customer journeys.
• Envestnet is working on the feature for non-insurance-licensed advisors.
• Trizic is rebranding as Harvest Savings & Wealth Technologies and launching two new products.
• ScratchWorks launches “Season 3” of its annual program to connect innovative tech companies with investment and wealth management experts.
Broadridge Financial Solutions, Inc., a global fintech firm and part of the S&P 500 Index, announced that it has completed the acquisition of Financial Database Services, which provides compensation management, compliance and advisor onboarding solutions for the wealth management industry.
eMoney Advisor, a leading provider of financial planning software and solutions, debuted “That Makes Cents,” a podcast produced in partnership with Benzinga. This new podcast series aligns with eMoney’s new mission and vision of helping people talk about money and making planning more accessible to achieve financial peace of mind.
Vestmark has taken the next step in its ongoing rebranding efforts by launching a redesigned website featuring tailored customer journeys. Each journey allows various types of asset and wealth management organizations to view a tailored suite of software and outsourced service solutions designed to resolve unique pain points and deliver better investor outcomes at scale.
AdvicePay, a fee-for-service billing and payment platform designed exclusively for financial advisors, announced a new client data integration with leading CRM provider Wealthbox. This new capability eliminates the manual steps advisors previously used in their billing processes, saving time and improving accuracy, all of which helps advisors get paid faster.
Non-insurance-licensed advisors may have access to “consulting and fiduciary services” that would enable them to use Envestnet’s Insurance Exchange before January, after waiting more than a year since the portal-like feature was first announced. While stopping short of a pledge to roll out the feature in December, Envestnet’s head of product for its wealth division confirmed the firm has been working on a bridge between non-insurance-licensed registered investment advisors and the Insurance Exchange, called Guidance Desk.
Trizic is rebranding as Harvest Savings & Wealth Technologies and launching two new products: Goalkeeper, a new white-label solutions for financial institutions to offer automated micro-savings, and Signals, which will alert institutions when there is an opportunity to profitably move bank accounts upstream into a brokerage or trust account.
ScratchWorks, a leading fintech accelerator, announced the launch of “Season 3” of its annual program to connect innovative tech companies with investment and wealth management luminaries to advance the digital transformation of the financial services industry.
Vasyl Soloshchuk is CEO and co-owner at INSART, a fintech and Java engineering company. Vasyl is also the author of WealthTech Club, which conducts research into Fortune 500 and start-up robo-advisor and wealth management companies.