Advisor Tech Information of 2024: An Evolving Checklist

Apex

Apex Advisor Options, which is a part of Apex Fintech Options, has launched Apex Astra, a brand new consumer interface, or UI. Apex Astra is designed for advisors “to take management of their innovation and consumer onboarding, knowledge, and repair,” in accordance to the agency. It may be built-in with instruments for rebalancing by way of fractional buying and selling, digital consumer onboarding with automated account opening, and using AI by means of superior third-party overlays.

CAIS

The supplier of an alternate funding platform for unbiased advisors just lately introduced the beginning of its schooling program, CAIS Reside, which incorporates one-day, in-person occasions in 2024 in Atlanta; Boston; Charlotte, North Carolina; Chicago; Dallas; Denver; New York; Seattle and Washington, D.C.  It additionally will host its yearly convention in October in Los Angeles.

eMoney

Enhancements are set to be rolled out to eMoney Advisor’s monetary planning platform  all through 2024 to enhance extra collaborative planning between advisors and shoppers. T3 attendees can check out the redesigned consumer portal, which is able to “endure a major facelift — beginning with the discharge of the My Advisor web page in Q1,” the agency mentioned in a press release. 

Envestnet

Envestnet has launched a brand new RIA consulting program, the RIA Development Lab, which incorporates apply valuation and enhancement companies, efficiency benchmarking, and insights into methods advisors can deepen their engagement with the platform’s instruments and sources. This system is being led by Dani Fava, group head of Product Innovation for the TAMP supplier.

Envestnet additionally says its MoneyGuide software program is now built-in with life insurer Ladder, Advisors can use MoneyGuide Elite’s Superior Lifetime Safety device to estimate shoppers’ protection wants, generate a quote and ship shoppers a hyperlink to use for it.

Haven Tower

The communications agency Haven Tower Group has rolled out Haven Mark Companions, a advertising options platform for wealth managers and associated companies. The efforts mix the agency’s in-house advertising and venture administration crew with “pre-vetted and thoroughly curated third-party options suppliers … [to] assist shoppers … implement high-impact advertising  experiences” and model methods that “incorporate “the most effective parts of profitable know-how, client and broader monetary companies campaigns,” it mentioned.

Orion

Orion Advisor Options introduced a number of enhancements and integrations tied to electronic mail and calendar administration, in addition to generative AI. Redtail Suite Sync, as an illustration, goals to function a “seamless electronic mail, calendar and make contact with syncing device,” the agency says. It’s also introducing some superior AI options to assist advisors with the auto-completion of sentences in messages being written to shoppers. Plus, the Redtail Communicate AI Assistant can now scan advisors’ messaging historical past to supply a number of advised responses to consumer queries.

TIFIN

Fitech platform supplier TIFIN is spinning off TIFIN AG, an AI-driven platform designed to assist advisory companies develop their property. It additionally appointed trade veterans Rajini Kodialam and Brian Carlin as board members; Kodialam based E-3 know-how companions and co-founded Focus Monetary Companions, whereas Carlin previously was CEO of J.P. Morgan Non-public Capital and J.P. Morgan Wealth Administration Options.

Vanilla 

Property-planning software program maker Vanilla has added the primary iterations of a number of new options to its platform: VAI Chat, collaborative onboarding and the expanded availability of its doc builder resolution, together with the choice of working immediately with a legislation agency. VAI Chat, as an illustration, is an AI-powered assistant designed to “simplify property planning for wealth planners, advisors and their shoppers,” in accordance with the agency.

(Proven in Josh Brown of Ritholtz Wealth; credit score: Bloomberg)