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.”
Most firms place a limit on advisors’ sales of alternative investments to clients in the neighborhood of 10% a customer’s net worth.
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The agent, Todd Bernstein, 67, has been charged with four counts of insurance fraud linked to allegedly switching clients from one set of annuities to another.
“While harm certainly occurred, it was not the cataclysmic harm that can justify a nearly half billion-dollar award to the State,” Justice Peter Moulton wrote, while Trump will face limits in his ability to do business in New York.
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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.
