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5 Bold Predictions for Advisors’ Product Shelf in 2027 

5 Bold Predictions for Advisors’ Product Shelf in 2027 

Posted by on Oct 6, 2017 in Conference Summaries

The city of Chicago is known for having some seriously cold weather that can surprise visitors with it’s intensity. While October is far from the dead of winter, the average temperature has historically been in the high 50’s/low 60’s with a fair dose of wind to chill your bones. Fortunately, a few days of absolutely […]

Envestnet Expands Their TAMP Empire with FolioDynamix Deal

Envestnet Expands Their TAMP Empire with FolioDynamix Deal

Posted by on Sep 27, 2017 in Industry Analysis

When the same football team keeps winning the Super Bowl or the same baseball team keeps winning the World Series, everyone gets used to hearing the same teams names mentioned every year. The same might be true for acquisitions in the wealth management technology space.  For the past few years, the name behind much of the […]

9 Questions on Artificial Intelligence for Wealth Management

9 Questions on Artificial Intelligence for Wealth Management

Posted by on Aug 28, 2017 in Conference Summaries, Technology

“I believe that by the end of the century, the use of words will have been altered so much that one will be able to speak of machines thinking without expecting to be contradicted.” ― Alan Turing, English mathematician, computer scientist and cryptologist, from Computing Machinery and Intelligence The foundation of AI started back in 1950 […]

RBC Tries to Jumpstart RIA Custody Business with New Platform

RBC Tries to Jumpstart RIA Custody Business with New Platform

Posted by on Aug 24, 2017 in Industry Analysis, Technology

The asset gap between the Big 4 RIA Custodians and the second-tier custodians is as wide as the Grand Canyon. With a combined asset base of over $2.5 trillion, the Big 4 would seem to have nothing to worry about from their small custodian peers. Yet, the many niche RIA custodians don’t seem to be […]

Can Retail Model Marketplaces Challenge TAMPs for Assets?

Posted by on Aug 7, 2017 in Portfolio Management

This article is the second in our series on the tools and technologies that help connect asset managers to their distribution networks. Whether they are called hubs, exchanges or marketplaces they have a wide variety of functionality and business models and they all share one key feature; ability to transmit managers’ investment models to sponsor […]

FundFire: Wells Fargo Data Leak Shows Risk Goes Beyond Hackers

Posted by on Aug 1, 2017 in News

(This article was originally posted on Fundfire) By Danielle Verbrigghe July 31, 2017 Wells Fargo’s inadvertent release of sensitive client and advisor information last week illustrates the risks that financial firms can face from accidental data loss. Cybersecurity has become a growing concern for the wealth and asset management industry, as regulators have put the issue in […]

Can Big Data Make Risk Tolerance Questionnaires Obsolete?

Can Big Data Make Risk Tolerance Questionnaires Obsolete?

Posted by on May 14, 2017 in Risk Management, Technology

This week, we remember a seminal event in the history of artificial intelligence. It was the twentieth anniversary of world chess champion Gary Kasparov’s loss to IBM’s Deep Blue supercomputer. I was fortunate to be in attendance when Kasparov gave a keynote speech at the 2017 Envestnet Advisor Summit, where he spoke about his latest book, Deep Thinking. […]

How Envestnet | Yodlee’s Startup Incubator Nurtures Data-Driven Innovators

How Envestnet | Yodlee’s Startup Incubator Nurtures Data-Driven Innovators

Posted by on May 4, 2017 in Industry Analysis

“All life is an experiment. The more experiments to you make, the better.” — Ralph Waldo Emerson The startup game is not for the faint of heart.  While there are thousands of new companies being launched by bright-eyed entrepreneurs every year, only a small percentage will turn out to be successful. This is especially true in the […]

Orion Advisor Tries to Eclipse the Competition With New Portfolio Rebalancer

Orion Advisor Tries to Eclipse the Competition With New Portfolio Rebalancer

Posted by on May 2, 2017 in Portfolio Management

Back in the early 1990’s, when software was still delivered on floppy disks, it was common for software to be sold as separate applications, with each one costing hundreds of dollars each.  They didn’t communicate with each other and their user interfaces were often completely different. But then, Microsoft, which was just getting a handle […]

Oranj Leapfrogs Robo-Platforms With TradeWarrior Acquisition

Oranj Leapfrogs Robo-Platforms With TradeWarrior Acquisition

Posted by on Apr 24, 2017 in Industry Analysis, Technology

It is a great time to be an independent RIA.  At least when it comes to technology.  There seems to be an endless supply of tools for automating, optimizing and generally improving the efficiency of an advisory firm’s operations. This is especially true in what we like to call the robo-platform or digital advice space.  Innovative companies […]