#ItzOnWealthTech Ep. 72: Finding the Right Fintech Deal with LPL Financial
“We want to be the leader wherever advice is delivered. And as you think about how our firm has evolved, this is really about being there for advisors and helping them where they are in their practices. And we’re agnostic of platform, affiliation level. We’re really trying to help support advice and be the leader […]
TD Ameritrade Rides the RoboAdvisor Wave with Latest iRebal
While stand-alone robo-advisor assets have flatlined, deep pocketed players are still circling, hoping to land a bargain and jump start their digital strategy. Firms are pitching themselves as technology plays rather than just online RIA’s that mostly eschew human advisors. TD Ameritrade is positioning their latest version of iRebal as the ‘Intel inside’ for online advisors. The technology savvy custodian […]
The Hidden Secrets of Portfolio Rebalancing by Michael Kitces
Rebalancing is a word that advisors know all too well. With so much already written about portfolio rebalancing software and strategies, what is it about the subject that fills a conference room to capacity? That is what I was wondering while sitting in the audience at the IMCA’s 2016 conference, waiting for Michael Kitces to take the stage and […]
10 Great Ideas from IMCA 2016 Conference
The IMCA 2016 Conference claims to be the largest association gatherings of investment advisors and wealth managers in the industry. This year’s event included engaging speakers such as Michael Kitces, April Rudin and Frank Coates. Some of the session topics included optimal rebalancing strategies, understanding Millennials and improving client relationships. Here are 10 great ideas to take […]
What’s New in Portfolio Rebalancing Tools?
This is a summary from a panel discussion from the Technology Tools for Today (T3) 2015 Conference – Advisor Edition. Four of the top vendors in portfolio rebalancing software solutions were brought together to discuss the latest trends, new features and functionality and whether or not you should select an automated advisory solution or one […]
FolioDynamix Snapped Up for $200 Million in Cash
In one of the most unusual transactions that I have seen in wealth management, a firm with zero industry footprint has laid out a boatload of cash to buy a rising star platform provider. As reported in an article (What Latest Turnkey Acquisition Means for Industry) in FundFire: Actua Corporation, a publicly traded firm which […]
The Best of Both Worlds: Portfolio Rebalancing + Best Execution = Blaze Portfolio
“Innovation distinguishes between a leader and a follower.” — Steve Jobs For the past year and a half, I have been meeting with vendors of portfolio rebalancing software, seeing demos of their products and writing a series of articles about my findings. All of the applications were very good and provided a long list […]
How a Cold Call Led to a Deal with Scottrade for ASI’s Rebalancing Software
It was an idea born of convenience. Neal Ringquist, President and Chief Operating Officer of Advisor Software Inc., was planning a trip to St. Louis to meet with one of their clients, EverBank. He knew that Scottrade® Advisor Services was also headquartered there. The thought seemed natural to him to give them a call and […]
