LPL Financial
LPL Financial announced that its advisors now have access to AdvicePay, a fee-payment-processing platform designed specifically for financial advisors. Advisors using the platform will be able to invoice clients directly for financial planning services, as well as accept online payments, to make it easier for advisors and their clients.

GeoWealth
GeoWealth, a financial technology and asset management platform, announced a strategic alliance with Foreside Financial Group, a global provider of compliance technology solutions and product distribution services to the asset and wealth management industries. Through this partnership, financial advisors that are breaking away and becoming independent or are founding a registered investment advisory firm will have access to turnkey investment, technology, and compliance infrastructure to launch their businesses.

TD Ameritrade
TD Ameritrade Institutional has launched its own RIA matching service for mergers and acquisitions, succession planning and next generation talent. The new RIAConnent service enables virtual introductions between buying and selling firms. Its sister portal, RIAConnect NextGen provides a space for firms to screen graduates and career-changers looking for part-time or full-time work by location, years of work experience, professional designation and field of study.

Addepar
Addepar announced that Ruchir Swarup has joined the company as chief technology officer. Swarup joins Addepar after serving for 19 years as managing director at BlackRock, the world’s largest asset manager, where he was responsible for strategy, design, and development of post trade capabilities of the firm’s flagship Aladdin platform, used globally by BlackRock and Aladdin clients. He was also a member of BlackRock’s global operating committee.

Broadridge
Global fintech provider Broadridge Financial Solutions announced that LTX, its new AI-driven corporate bonds trading platform, has executed its first trades. In the creation of LTX, Broadridge partnered with Jim Toffey, founder of Tradeweb Markets. The platform combines artificial intelligence (AI) with a new digital execution protocol that allows broker-dealers to improve market liquidity, efficiency and execution for their buy-side customers.

Advisor360
WealthTech software company Advisor360 announced it has named technology industry veteran Richard Napolitano as CEO to scale the company and bring the Advisor360 solution to financial advisors and enterprises across the wealth management industry.

Intuit QuickBooks
Intuit QuickBooks has rolled out a machine learning-based cash flow prediction tool to assist thousands of small and medium businesses with getting back on the road to recovery. The solution – called the Cash Flow planner – is the first of its kind in the industry Intuit Quickbooks states. It also comes at a time when cash flow prediction is needed more than ever before after the COVID-19 shutdowns.

Vasyl Soloshchuk is CEO and co-owner at INSART, a FinTech engineering company. Soloshchuck is also the author of WealthTech Club, which conducts research into fortune and startup roboadvisor and wealth management companies in terms of the technology ecosystem.