Promising new products that could enhance adviser productivity

JAN 10, 2014
On this week's broadcast, get up to speed on all the developments from the T3 Enterprise Conference, find out which portfolio rebalancing company just acquired a portfolio management software provider, and another CRM with a long history with advisors gets a fresh start in the cloud. Joel Bruckenstein convenes a wholesale version of T3 for IBD execs who choose software for thousands of reps from RIABiz.com; Trying to harness the power of big data for advisers from InvestmentNews.com, Live from T3: Deploying Tech at the B/D Level and Day Two at T3: A Lack of Data Standards from WealthManagement.com. Joel Bruckenstein and his co-producers, David Drucker and Bill Winterberg made it a two-day event geared toward broker-dealers and large RIAs looking to enhance their advisers' productivity and simplify the many day-to-day processes of providing advice. Total Rebalance Expert Acquires PowerAdvisor from Cornerstone Revolutions from PRNewswire.com. Total Rebalance Expert (TRX) announced the acquisition of PowerAdvisor's portfolio management software suite from Cornerstone Revolutions. The combination of TRX's industry leading portfolio rebalancing platform with PowerAdvisor's portfolio management system will create a complete and integrated portfolio management solution. Tech Review: ProTracker Cloud CRM Software from Financial-Planning.com. A well-established product for independent advisors is moving to a platform that will provide increased flexibility and may attract new categories of users. News that didn't make the broadcast: Dell sells its majority stake in Smarsh to investment fund Toba Capital from Bloomberg Businessweek. Dell has quietly unloaded its majority stake in digital archivist Smarsh, ending a prolonged period of uncertainty for one of Portland's fast-growing tech companies. Bill Winterberg is an Atlanta, GA-based certified financial planner and technology writer. You can read more from Bill at his website, FPPad.com.

Latest News

IRA assets swell to $19.2 trillion as 401(k) rollovers drive growth
IRA assets swell to $19.2 trillion as 401(k) rollovers drive growth

IRAs now hold nearly twice the assets of 401(k) plans — and most of that money didn't arrive through annual contributions.

Women feel confident about saving, but many still keep cash in low-yield accounts
Women feel confident about saving, but many still keep cash in low-yield accounts

A new survey finds that many women prioritize financial security but continue to leave savings in accounts that may not keep pace with inflation.

SEC seeks comment on prediction-market ETFs after May pause
SEC seeks comment on prediction-market ETFs after May pause

Roundhill, Bitwise and GraniteShares funds remain on hold while the agency weighs how novel ETFs should be regulated.

Dump investment banks, buy alternative asset managers, says Oppenheimer
Dump investment banks, buy alternative asset managers, says Oppenheimer

"Shares of alternative assets managers have lagged this year as investors grow wary of private-credit exposure."

TaxStatus rolls out rules-based tool to flag advice gaps
TaxStatus rolls out rules-based tool to flag advice gaps

The fintech platform is touting a new AI-free Planning Observations feature, which draws on IRS tax records to uncover opportunities for advisors.

SPONSORED Who builds the income when the pension disappears?

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

SPONSORED Why direct indexing stopped being optional

Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.