The 2025 season for fintech deals has officially begun, with two firms announcing separate strategic partnerships.
On Wednesday, InvestCloud announced it has partnered with First American Bank, a regional financial institution with $7 billion in assets and 61 locations across Illinois, Wisconsin, and Florida.
Under the newly forged collaboration, FAB will modernize its digital wealth management ecosystem by incorporating InvestCloud’s Client Experience, Prospect Experience, and Advisor Experience solutions. In contrast to its previous technology stack with multiple systems, the partnership aims to build a single unified platform with connected technology.
The end goal, the two firms said, is to incorporate investment data, reporting, and documents into one intuitive experience for clients, advisors, and relationship managers.
“This collaboration reflects our commitment to driving innovation in the banking sector, enabling advisors and clients to engage with their financial data seamlessly while enhancing the overall client experience,” Kapin Vora, the president InvestCloud's North American digital wealth division, said in a statement.
Jane Nagel, head of wealth management at First American Bank, said its new digital platform "represents a substantial investment in cutting-edge technology and underscores our unwavering commitment to delivering an exceptional and personalized wealth management experience.”
Prio to that on Monday, WealthFeed, an AI-powered prospecting platform, announced its own strategic tie-up with RIA Growth Catalyst.
Under that partnership, WealthFeed will stream thousands of verified data points into the RIA Growth Catalyst platform. That includes access to critical information such as contact details, alma mater, net worth, and age, as well as AI-driven insights.
Julien Baneux, founder and CEO of RIA Growth Catalyst, underscored the potential benefits for RIA acquisition, advisor recruitment, and building out client rosters.
"By integrating WealthFeed's data directly into our platform, we enable our users to focus on building relationships and achieving their growth goals," Baneux said Monday.
WealthFeed co-founder echoed the sentiment, highlighting how the platform "empowers RIAs to succeed in the competitive M&A landscape [and] thrive in their client acquisition strategies."
Since Vis Raghavan took over the reins last year, several have jumped ship.
Chasing productivity is one thing, but when you're cutting corners, missing details, and making mistakes, it's time to take a step back.
It is not clear how many employees will be affected, but none of the private partnership's 20,000 financial advisors will see their jobs at risk.
The historic summer sitting saw a roughly two-thirds pass rate, with most CFP hopefuls falling in the under-40 age group.
"The greed and deception of this Ponzi scheme has resulted in the same way they have throughout history," said Daniel Brubaker, U.S. Postal Inspection Service inspector in charge.
Stan Gregor, Chairman & CEO of Summit Financial Holdings, explores how RIAs can meet growing demand for family office-style services among mass affluent clients through tax-first planning, technology, and collaboration—positioning firms for long-term success
Chris Vizzi, Co-Founder & Partner of South Coast Investment Advisors, LLC, shares how 2025 estate tax changes—$13.99M per person—offer more than tax savings. Learn how to pass on purpose, values, and vision to unite generations and give wealth lasting meaning
