Envestnet | Jotup

FIDX Launches FIDX Desk, Enabling Registered Investment Advisors to Easily Incorporate Annuity Solutions into Their Business*

Retrieved on:

Tuesday, April 23, 2024

OID, Ecosystem, Investment, RIAS, Insurance, Envestnet, RIA, CFA, Financial adviser

BERWYN, Pa., April 23, 2024 /PRNewswire/ -- Today, Fiduciary Exchange LLC (FIDX) and its broker dealer, FIDX Markets, announces the launch of FIDX Desk, a new outsourced insurance desk (OID). FIDX Desk will enable RIAs and fee-based financial professionals to effortlessly integrate annuity products into their offerings, regardless of their insurance licensing status.

Key Points:

FIDX Desk will enable RIAs and fee-based financial professionals to effortlessly integrate annuity products into their offerings, regardless of their insurance licensing status.
FIDX Desk is a comprehensive digital solution for annuity management.
It tackles the obstacles Registered Investment Advisors face, enabling them to present the potential advantages of annuity solutions—such as income and legacy planning—to their clients.
"By simplifying access to the annuity market, we're enabling financial professionals to significantly enhance their portfolio services.

Course Preps Future Financial Planning Leaders in Dick Wagner's Vision - Registration Now Open

Retrieved on:

Tuesday, April 16, 2024

WASHINGTON, April 16, 2024 /PRNewswire/ -- The Fiduciary Institute announces its 2024 course to help planners lead financial planning and wealth management forward as leader Dick Wagner espoused. Faculty will offer six classes remotely over 14 weeks, starting June 25th.

Key Points:

FPA Journal - Best of 25 Years: To Think...Like a CFP (financialplanningassociation.org) The course, 'Making the Future of Financial Planning,' is offered by the Institute for the Fiduciary Standard.
Knut Rostad, president of the Fiduciary Institute, stated, "Dick Wagner believed financial planning can be 'The most important authentic profession of the 21st century.'
"Making the Future of Financial Planning" is for the next generation of financial planning leaders.
The course is taught by veteran planning leaders and subject matter experts who will provide the knowledge and insights planners need to think strategically advance Dick Wagner's vision for planning.

FOUNDATION SOURCE NAMES LOU D'ADDARIO CHIEF REVENUE OFFICER AND WARREN BAILEY CHIEF INFORMATION SECURITY OFFICER

Retrieved on:

Tuesday, April 16, 2024

Software, Envestnet, State Street, GTCR, Growth, Management

FAIRFIELD, Conn., April 16, 2024 /PRNewswire/ -- Foundation Source, the nation's largest provider of cloud-based solutions for private foundations and planned giving, today announced the appointment of Lou D'Addario to Chief Revenue Officer and Warren Bailey to Chief Information Security Officer. As Foundation Source embarks on its next stage of growth, both Mr. D'Addario and Mr. Bailey bring in-depth fintech expertise and will help lead the firm's expansion into enterprise relationships.

Key Points:

FAIRFIELD, Conn., April 16, 2024 /PRNewswire/ -- Foundation Source , the nation's largest provider of cloud-based solutions for private foundations and planned giving, today announced the appointment of Lou D'Addario to Chief Revenue Officer and Warren Bailey to Chief Information Security Officer.
"We are excited to welcome Lou and Warren to our team and look forward to working together as Foundation Source continues to drive forward its mission of becoming the leading provider of PhilTech," said Joseph Mrak III , chief executive officer of Foundation Source.
The Chief Information Security Officer role is newly created, and Mr. Bailey reports to Pascal Vincent, Chief Technology Officer.
Foundation Source is a portfolio company of GTCR, a leading private equity firm, which acquired the business in September 2023 .

Lincoln Financial Group Introduces Side-by-Side Pooled Employer Retirement Solutions for Businesses and Not-for-Profit Organizations

Retrieved on:

Wednesday, April 3, 2024

Banking, Personal Finance, Professional Services, Finance, Research, Lincoln, Lincoln National Corporation, Organization, Exhibit, LNC, Envestnet, Small business, PEPS, Retirement, PEP, Bureau of Labor Statistics, Financial adviser

Lincoln Financial Group (NYSE:LNC) announces the launch of FlexPEP(k) and FlexPEP(b), comprehensive pooled employer plans (PEP) for 401(k) and 403(b) plans, respectively.

Key Points:

Lincoln Financial Group (NYSE:LNC) announces the launch of FlexPEP(k) and FlexPEP(b), comprehensive pooled employer plans (PEP) for 401(k) and 403(b) plans, respectively.
These tailored solutions add to Lincoln’s lineup of group plan solutions totaling more than $1.3 billion in assets.
“We’re seeing an uptick in the adoption of group plan solutions as employers look to streamline their retirement plan administration, minimize costs and enhance fiduciary protection,” said Matt Condos, senior vice president, Retirement Plan Services Product Solutions, Lincoln Financial Group.
For more information about Lincoln’s full suite of retirement solutions, including OpenPEP , visit our group retirement plan pages for employers and financial professionals .

Skience Awarded Patent for its Financial Account Opening Workflows and Integrations

Retrieved on:

Wednesday, March 13, 2024

Professional Services, Data Management, Business, Technology, Software, Finance, Fintech, Envestnet, Patent, CRM, Organization

Skience , a leading fintech platform that helps financial advisors and wealth management organizations digitally transform their operations and enable business growth, today announced the awarding of Patent No.

Key Points:

Skience , a leading fintech platform that helps financial advisors and wealth management organizations digitally transform their operations and enable business growth, today announced the awarding of Patent No.
11,900,462 B2 from the United States Patent and Trademark Office for its proprietary systems and methods that automate and improve the creation and maintenance of financial accounts, including the related integrations.
Based on that signed form, the system can then open and even fund a new account with the selected custodian.
“We are honored to be recognized with this patent, signifying the spirit of innovation we bring to our solutions, platform, and consulting services.”

Goalsetter Secures $9.6 Million in Series A Extension Funding to Help American Families Learn to Save, Spend, Invest and Build Wealth

Retrieved on:

Monday, March 25, 2024

BROOKLYN, N.Y., March 25, 2024 /PRNewswire/ -- Goalsetter, an award-winning spending, saving, wealth building and financial education platform designed for the whole family, announced today the closing of a $9.6 million Series A extension round. This newest round for Goalsetter was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst Fund. Series A investors Fiserv, Webster Bank, Seae Ventures, Astia Fund, and Partnership Fund for New York City also participated in the round along with new investors Reseda Group and InTouchCU.

Key Points:

BROOKLYN, N.Y., March 25, 2024 /PRNewswire/ -- Goalsetter, an award-winning spending, saving, wealth building and financial education platform designed for the whole family, announced today the closing of a $9.6 million Series A extension round.
This newest round for Goalsetter was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst Fund.
The Series A extension funding will give Goalsetter the runway necessary to continue forging new B2B alliances while successfully implementing existing programs ahead of a Series B raise.
"Our new Series A extension marks a significant milestone for Goalsetter as we continue to redefine financial education and inclusion across America," said Goalsetter Founder and CEO Tanya Van Court.

IFG Expands Partnership with Envestnet to Offer its Advisors Full Access to Industry's Most Connected and Scaled Wealth Management Platform

Retrieved on:

Wednesday, March 13, 2024

ACE, Partnership, Independent, Envestnet, Senior, CFA, PMC, Retirement, CAIA, Financial adviser

BERWYN, Pa., March 13, 2024 /PRNewswire/ -- Independent Financial Group, LLC (IFG), a San Diego-based independent broker-dealer, in keeping with its mission to provide best-in-class resources and support for unrivaled service, has strengthened its ongoing partnership with Envestnet empowering its network of more than 600 independent financial professionals with increased access to Envestnet's ecosystem of wealth management solutions.

Key Points:

IFG also recently implemented the Envestnet Credit Exchange, powered by the Advisor Credit Exchange (ACE), into its network.
IFG's affiliated professionals now have access to high-quality banking and lending solution providers, enabling them to holistically service their clients.
"Our partnership with Envestnet has enabled advisors in our network to further improve the quality and extent of their services.
Since 2020, IFG has leveraged its partnership with Envestnet to provide solutions including Envestnet's Wealth Management Platform, PMC investment solutions including tax overlay -- and financial planning services through Envestnet | MoneyGuide.

Envestnet Named Asset Management Platform of the Year in Wealth Solutions Report's Inaugural Wealth Exemplar Awards Program

Retrieved on:

Friday, March 8, 2024

Envestnet, Philosophy, Investment, News, Growth, ETF, Trust, Spinal muscular atrophies, Research, Editorial, Cryptocurrency

BERWYN, Pa., March 8, 2024 /PRNewswire/ -- Envestnet | PMC announced today that it has won a WSR Wealth Exemplar Award for Asset Management Platform of the Year. This award recognizes companies with a significant presence in the wealth management industry that operate as third-party asset managers and serve B2B wealth management platforms.

Key Points:

BERWYN, Pa., March 8, 2024 /PRNewswire/ -- Envestnet | PMC announced today that it has won a WSR Wealth Exemplar Award for Asset Management Platform of the Year.
This award recognizes companies with a significant presence in the wealth management industry that operate as third-party asset managers and serve B2B wealth management platforms.
"We are honored to receive the Asset Management Platform of the Year Award from Wealth Solutions Report," said Dana D'Auria, Co-Chief Investment Officer and Group President, Solutions, Envestnet.
"Envestnet delivers a leading Wealth Management Platform, serving more independent assets, financial advisors, and accounts than anyone in the marketplace.

Ocrolus and Envestnet | Yodlee Partner to Enhance Financial Statement Upload Capabilities

Retrieved on:

Tuesday, March 5, 2024

Envestnet, Automation, Partnership

Through the partnership, Ocrolus technology will enable Envestnet | Yodlee customers to gather financial data from uploaded documents, such as bank and income statements to supplement data from digital sources.

Key Points:

Through the partnership, Ocrolus technology will enable Envestnet | Yodlee customers to gather financial data from uploaded documents, such as bank and income statements to supplement data from digital sources.
By providing end-users with the option to either submit documents or digitally connect bank accounts, Envestnet | Yodlee now expands its document coverage capabilities.
"We are thrilled to partner with Envestnet | Yodlee to provide a more comprehensive and smoother customer experience across a variety of financial services use-cases."
"With added document automation capabilities, Envestnet | Yodlee will improve and streamline the onboarding process for credit and lending use cases."

NaaS stocks jumped 70% in last two weeks. What happened?

Retrieved on:

Thursday, February 8, 2024

ETF, CCSO, News, ELEC, RMB, Wind, Growth, Attention, Invesco, Envestnet, PBW, Network as a service, Cryptocurrency

As of the closing on February 7, its stock price reached $1.81 per share, 70% above its previous low.

Key Points:

As of the closing on February 7, its stock price reached $1.81 per share, 70% above its previous low.
On February 8, 2024, NaaS announced that its charging network services achieved Net Take Rate (NTR，transaction-side gross profit) for the first time for January 2024.
In terms of overall profitability, NaaS' parent company, NewLink, announces that its refined oil business has become profitable.
With its continuous breakthroughs in the clean energy and solidification of market position, NaaS demonstrates enormous potential for long-term growth.