Snappy Kraken, an Ormond Beach, Florida-based provider of digital marketing and client retention tools for financial advisers, has closed on $6 million in Series A financing.
The financing was led by Fintop Capital and was joined by Flyover Capital and 1248 Holdings, both of which had participated in a 2019 seed round.
Rick Kushel, a Fintop general partner, will become a member of Snappy Kraken’s board of directors, joining Aaron Klein, CEO of Riskalyze, Marty Bicknell of 1248 Holdings and Mariner Wealth Advisors, and Thad Langford of Flyover Capital.
The new capital will be used to open new marketing channels, add features, and integrate with other tools used by advisers, Snappy Kraken said in a release.
Voya Financial adds private equity, credit and real estate options to its AMA program, building on support for looser federal investment rules in retirement accounts.
Shannon Reid, president of Osaic and the network’s number two executive, has plenty of challenges, industry executives said.
Auditors flagged the commingling. The COO allegedly knew. Investors kept getting the pitch
The advisors on the move include two brothers leading a family practice in Connecticut, and a husband-and-wife tandem working with business owners in the West Coast.
Business owners and their heirs may be making assumptions instead of having conversations, creating challenges for succession planning, according to new research.
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
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.
