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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 […]

WealthManagement.com: What’s Riskalyze Building?

WealthManagement.com: What’s Riskalyze Building?

Posted by on Aug 14, 2017 in Industry Analysis

“The future is already here — it’s just not very evenly distributed”. When science-fiction writer William Gibson came up with this maxim in the early 1990’s, he was referring to how technological advances are unevenly spread across the globe. The same holds true for technological advances across the fintech space. Take Riskalyze for example. When the company was […]

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 […]

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. […]

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 […]

Riskalyze Expands Beyond Profiling to Become a TAMP Supermarket

Riskalyze Expands Beyond Profiling to Become a TAMP Supermarket

Posted by on Feb 21, 2017 in Risk Management, Technology

The waiting is over.  And we didn’t have to wait all that long.  We finally know what Riskalyze CEO Aaron Klein did with the $20 million in Series A funding the firm raised last October. They built their own Turnkey Asset Management Platform (TAMP). The reveal occurred at last week’s T3 Advisor Conference in Los Angeles, CA.  Klein kicked […]

The Tao of Risk and Client Acquisition: Is Financial DNA Your New Secret Weapon?

The Tao of Risk and Client Acquisition: Is Financial DNA Your New Secret Weapon?

Posted by on Jan 26, 2017 in Risk Management

Considering the tidal wave of fear-driven headlines these days, it’s tough focusing on the biggest issue we should be worrying about.  Climate change causing the oceans to rise?  Over-exuberant stock market heading for a crash?  The New England Patriots winning another Super Bowl? The problem is that human brains just aren’t wired to make accurate risk predictions. Financial advisors […]

How the RoboAdvisor Renaissance Pushed the Industry Out of the Dark Ages

How the RoboAdvisor Renaissance Pushed the Industry Out of the Dark Ages

Posted by on Jul 9, 2016 in Conference Summaries, Technology

While B2C robo advisors have yet to reach asset levels that could threaten traditional advisors, their innovative technology has been spurring firms to revamp their online presence.  A Roboadvisor Renaissance has spread across the formerly stodgy wealth management industry.  Legacy technology vendors are rushing to revamp their user interfaces and add automated investment offerings to meet a […]

3 Tips For Wealthfront to Avoid Running Out of Gas

3 Tips For Wealthfront to Avoid Running Out of Gas

Posted by on Apr 12, 2016 in Industry Analysis

Wealthfront finds itself facing a cloudy future as its fifth anniversary nears, thanks to the dust that its bigger rivals, Vanguard and Schwab, and its disruptive competitor, Betterment, are leaving in their wake. The robo-advisor just announced a collection of new features that they hope will right the ship and get their asset growth back on […]

Can Adhesion's Robo-Advisor Platform Attract Top Gun RIAs?

Can Adhesion's Robo-Advisor Platform Attract Top Gun RIAs?

Posted by on Apr 3, 2016 in Industry Analysis

One of the biggest trends in wealth management over the past year has been the slew of new products designed to help RIAs launch their own digital advisory channels.  Every vendor in the space has realized that they need to be able to check off the robo-platform box when they get an RFP from a prospective client. Adhesion […]