Luma Financial Technologies’ Post

Today’ technology platforms are for sure leveling the playing field for SME firms. Much of the techchnology available today, like Finity360 from Arcus partners, is now cost effective for smaller Wealth Firms and RIA’s to implement, support and adopt across their enterprise! #arcuspartners #wealthmanagement #documentmanagement #AI #finity360

In the evolving landscape of financial services, it’s not just about creating solutions; it’s about creating scalable, accessible, and cost-effective solutions. Envision a system where advisors can amplify their efficiency and effectiveness without the burden of high costs or complexity. This is the new era of financial tech – where innovation meets practicality. It’s time to explore how the right system can revolutionize your approach, making expert advice more accessible than ever. How does your organization balance cost, ease of use, and scalability in its tech solutions? Tune in here for more → https://bit.ly/4aiB0fb #FinTechInnovation #ScalableSolutions #CostEffectiveTech #AdvisorEfficiency #FinancialServices #TechRevolution #EaseOfUse #BusinessGrowth 🌐💡💼

Congratulations to the Nucleus Financial team on snapping up Third Financial. The market for advice firms looking to take more control is so interesting. Seeing traditional platforms pivot and broaden like this feels like a punchy move. Bloomin good timing too for NextWealth's next #advisertechstack report coming soon, which looks specifically at the platform-as-a-service model. Nice.

🚨 TOMORROW 🚨 is our #technology and #wealthmanagement Forum! Join us virtually from 1-2 pm ET for an hour packed with insights from top #financialplanning pros as they share how #tech is transforming #financialplanning —both client-facing and behind the scenes. The best part? It’s free and open to everyone! Don’t miss out—secure your spot now before it’s too late! By clicking the link! https://loom.ly/WUeVjw4

The latest RIA M&A Deal Report by ECHELON Partners found that 104 wealthtech deals occurred in 2023, up from 96 deals in 2022 but below the 108 deals in 2021. Last year’s deal flow was still much higher than the 48 wealthtech M&A deals in 2020 and the 31 deals in 2019. When wealthtech firms combine, complementary platforms can gain not only scale but knowhow that can lead to breakthroughs. This in turn can fuel financial advisors’ ability to serve more clients with greater efficiency and safety. Consolidation can only limit competition for so long in this sector, since that opens the door for new rivals to emerge with disruptive innovations. Today’s roundup includes M&A involving consultancies and financial wellness solutions. Future wealthtech M&A is likely to accelerate useful applications of artificial intelligence. But wealthtech M&A deal participants should always remember that most advisors would prefer providers simply release products that help them save time and money, or better yet make them money. #wealthtech #financialadvisors #wealthmanagement

In The DI Wire’s latest installment of “Five Questions for…” the editorial team interviewed Brian Jones, Envision Financial System’s executive vice president. Since 1994, Envision’s software and services have helped asset managers and financial services providers automate their businesses with open systems and access to real-time data. Envision Financial Systems, Inc. Brian Jones Kelly Lynch John Gray #FiveQuestions #Envision #BrianJones #EVP #executivevicepresident #intervalfunds #financialservices #software #assetmanagers #automation #data #registeredfunds #marketplace #valuations #serviceproviders #operations #alternativeinvestments

The all-in-one tech trend is changing how financial advisors do business, and there's no all-in-one platform that's higher rated in industry surveys than Advyzon . John Mackowiak is quoted in this recent article from Financial Planning, highlighting our recent integration enhancements with TradePMR and our commitment to continually improving our solutions in order to support advisors as effectively and efficiently as possible. Read more: https://lnkd.in/gzSFFV5E

Envision Financial Systems, a leader in investor recordkeeping technology, has achieved significant recognition at the 2024 Nicsa Asset & Wealth Management Summit. The company's Co-founder and CEO, Satnam Gambhir, was honored with the Lifetime Achievement Award for his pioneering work in investor recordkeeping and innovative solutions that enable firms to adapt to industry changes through automation. 'Early in my career in asset management, I recognized the potential to improve the systems that the industry had relied on for years,' said Gambhir. 'When my colleague Tim Kan and I founded Envision, our aim was to develop a flexible recordkeeping solution that could evolve with the industry's changing needs. As a longtime supporter of Nicsa for more than 20 years, I'm deeply honored to receive this award.' Additionally, Envision won the Innovation in Technology Award for its work in automating the processing, tracking, and reporting of tender offers and capital calls. By integrating these workflows into its core investor recordkeeping system, Envision has empowered clients to reduce errors, accelerate processing times, and increase investor satisfaction. 'We are proud to recognize Satnam and Envision for their innovative spirit and commitment to addressing challenges impacting our community,' said Jim Fitzpatrick, president and CEO of Nicsa. 'These awards are a testament to their dedication to advancing technology in the asset and wealth management space.' Envision Financial Systems, Inc. #investorrecordkeeping #assetmanagement #innovationintechnology #lifetimeachievement

Kicking off the year with clear awareness that wealth managers who are not embracing technology to dynamically, consistently, and personally connect with their clients better prepare for an onslaught of ACATS. VML Technology is having daily conversations with industry leaders innovating in this space. https://lnkd.in/gdu7iH92

Model portfolios are becoming more sophisticated and customized. Explore our latest thought leadership, where we review the current landscape and the potential benefits for financial professionals and investors. #assetallocation #practicemanagement