AdvizorStack, a technology platform for registered investment advisors, and StratiFi, a provider of risk management solutions for wealth management professionals, have forged a strategic partnership.
In a statement announcing the new collaboration, Stratifi said users of AdvizorStack’s platform are set to benefit from improved risk analytics, compliance oversight, and operational efficiencies.
The partnership will focus on several key areas, including the development of advanced risk analytics using predictive modeling and machine learning; enhancing compliance oversight with real-time monitoring and automated reporting; and improving operational efficiencies through seamless platform integration and workflow automation.
Paul DeMaio, CEO and managing partner of AdvizorStack, emphasized the natural synergy between the two companies.
“This partnership brings an all-encompassing Risk Analytics and compliance dashboard, enabling firms to ensure compliance effortlessly,” Demaio said.
DeMaio’s professional record includes nearly three decades of wholesaling experience across ETFs, mutual funds, separately managed accounts, and alternative investments. Before joining AdvizorStack, he was the director of RIA and family office sales for NexPoint Securities Inc, and he has held positions at both Merrill Lynch and Morgan Stanley.
StratiFi’s CEO and co-founder, Akhil Lodha, highlighted the mutual commitment to advancing the wealth management industry through the collaboration.
“As StratiFi and AdvizorStack join forces, we aim to create a future where technology and financial expertise merge to help advisors and their firms grow while staying compliant,” Lodha said.
Over the past month, StratiFi also announced it had added two new wealth firms – Integrity Wealth Management and Meridian Wealth Advisors – to its roster of clients.
Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.
The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.
The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.
Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.
"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.
