FusionIQ, a Woburn, Massachusetts-based software-as-a-service company, has launched a turnkey asset management platform that offers advisers access to fixed-income and alternative investments.
The company says the platform, finTAMP, is a white-labeled offering that provides smooth account opening, offers smooth account opening, a digital model marketplace of investments including ETF, mutual fund and equity portfolios, and a portal advisers can use as a home base to manage their book and build proposals.
“In contrast to robo-advisory platforms, our finTAMP offers a wide range of investment models that permit financial advisers to combine their expertise with robust technology and support to deliver highly customized solutions to their clients through one integrated digital workflow,” Mark C. Healy, the firm’s chief executive, said in a statement. “That eliminates the need for firms to rationalize multiple legacy platforms.”
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
