The integration allows advisers to access client data in their Fi360 Toolkit, according to the firms, with the goal of streamlining business processes and better serving clients’ needs.
Advisers discuss the software their firms currently use, how they access client information, and how succession planning figures into the future of their practices.
After being one of the first national firms to address the DOL’s now-defunct fiduciary rule, the firm says it is turning a new page in client service and adviser support by launching its digital WealthDesk platform.
Through this expansion, SEI’s BusinessWise program will deliver enhanced financial planning tool to help advisers make actionable plans for individual clients.
The collaboration of Riskalyze and Charles Schwab will ease
an adviser’s workflow challenges and allow for greater efficiency, says Kyle
Van Pelt, vice president of partnerships at Riskalyze.
The Tamarac platform allows RIAs to license the specific software they need for reporting, trading and CRM, with the option to add components as their firms look to automate more of their business.
The technology conversation is no longer simply about the
amount of data available, but rather how it is used and, more specifically, how
granular it is, as to the view it affords advisers.
The inspiration to create BrightPlan was based on the idea
that everyone deserves access to trusted, affordable financial advice that
supports long-term financial goals.
The firm says this “first
of its kind compliance-approved text messaging solution for financial advisers”
helps maximize convenient client communication.
In conversation with PLANADVISER, cybersecurity attorney and
former SEC staffer Marlon Paz suggests it is absolutely essential for advisory firms
to have a senior executive “not just appointed but also empowered” as the chief
information security risk officer.
The financial services and retirement advisory industry has collectively
invested tens, if not hundreds of millions of dollars in the last decade to
boost the use of big data technology; one researcher asks how it’s all paid
off.
The new partnership shows brokerage firms serving RIAs are committing to delivering new fiduciary-minded technologies, especially scalable personalized advice solutions.
New Cerulli Associates research identifies “pain points” at
the root of advisers’ decisions to change firms—and what leadership can do to
address staff concerns before losing key advisers.