It hopes advisors will see it as a true business development ‘hire’
New technology might get a lot of attention and high adoption growth, but the investment dollars available for those providers are dwarfed by those that go into asset distribution.
It’s the second tech-triggered sell-off in financial advice and wealth management firms this year.
AI-native operating systems seek to monetize as platforms instead of SaaS
And strike a blow in the battle over ETF revenue sharing
AI goes from ‘early adopter’ to ‘mainstream’ status.
But do RIAs need another ‘digital onboarding’ solution?
AI-powered compliance tools start to gain traction.
Rumors of CRMs’ demise may have been greatly exaggerated.
Ezra Group launches a new AI agents directory to help answer the question.
Salesforce, RightCapital, and YCharts all launch their own AI-enabled new capabilities.
Jump builds account opening and Zocks develops client queries.
Meanwhile, Farther raises $150 million in the hopes that (AI-driven) proprietary tech can drive higher productivity advisor roll-ups?
Raise aims to make advisor websites findable and drive actual organic growth.
Will deal expand its technology capabilities for advisor-led financial planning?
How much do advisory firms really need to warehouse all of their own data to build better (agentic AI) workflows?
Coding expertise isn't the prerequisite to prototyping software tools it once was, which bodes well for less developed parts of the advisor tech stack.
Advisors can rest assured that using artificial intelligence won't be an issue with clients – unless it starts to undermine their trust.
The latest addition to the field of document-scanning tools just goes to show how far ultra-selective advisory practices – and the fintechs that work with them – have come.
Once simply a useful data conduit working with Holistiplan, TaxStatus is making a move towards becoming a player in the now-crowded space of tax planning tools.
