AdvisorEngine acquires Wealthminder

Wealth management platform now will offer adviser-client collaboration tool
FEB 15, 2017
AdvisorEngine, a New York-based digital wealth management platform, has purchased the technology assets and intellectual property of Wealthminder, a McLean, Va.-based adviser-client collaboration tool. Wealthminder founder and CEO Rich Ellinger will join AdvisorEngine, which did not disclose terms of the deal in its press release. “The addition of Wealthminder's digital prospecting tools will help financial firms foster new and deepen existing relationships with clients,” said AdvisorEngine founder and CEO Rich Cancro. In 2016, WisdomTree made a $20 million equity investment in AdvisorEngine and made its asset allocation models available through AdvisorEngine's platform.

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave