NewEdge Advisors’ Post

John O'Connell, MBA was quoted in this article in Family Wealth Report discussing the future of Envestnet, Inc after being purchased by Bain Capital, how they'll review Envestnet’s various software products, and more: “They will make strategic decisions to sell the highest performing assets to capture their appreciation. They will also sell or close their lowest performing products to reduce expenses.” Read more here: https://lnkd.in/gQ6Q_kqb

This latest article in Family Wealth Report discusses the future of Envestnet. It's worth a read!

This week, Wealth Solutions Report honors the rising generation of professionals and discuss how to recruit and retain them:    • We name the NEXT 5 – Top Next Gen Wealth Management Leaders: Nico DeMaio, Louis Diamond, Joanna Kanakis, Sarah Pochedly and Stephen Stephano.   • We speak with industry leaders Luke Winskowski, Kristine McManus, Maura Cunningham and Craig Pfeiffer on how to attract and retain the Next Gen    • Our Deals & Recruiting Roundup covers Constellation Wealth Capital, Ashton Thomas, Steward Partners, Schwab Advisor Services and more   • Our Wealthtech Leader of the Month is Jason Broder of iCapital, and our Wealthtech Roundup covers Addepar, Docupace, FusionIQ, BetaNXT, Asset-Map, Envestnet and more   • We spoke with Dynasty Financial Partners affiliates Jerry R. Sneed, Matthew Celenza and Katherine Forrester Schneewind about the needs of UHNW clients   • Yelena Melamed of Catchlight addresses solutions to organic growth bottlenecks   • F2 Strategy’s latest report examines the disconnect between marketing and technology   • Facet and Wealth.com announced a partnership to bring wealth.com’s estate planning tools to Facet’s members. Facet’s Anders Jones and Shruti Joshi comment, along with wealth.com’s Tim White   • Wealth Enhancement Group is buying The Financial Advisory Group. WEG’s Jeffrey Dekko and James Cahn provide comments, along with The Financial Advisory Group’s Richard J. Alphonso,   • STRATOS Wealth Advisors recruited Spain & Smith, with advisors Henry A. Spain and Dayna Smith. Jeff Concepcion provides comments   • Realta Wealth hired John Barragan as its COO. Barragan and Kevin M. Keefe, CFA comment READ MORE: https://lnkd.in/ev87V5qz   #WealthSolutionsReport #FinancialAdvisors #WealthManagement 

Through your client’s eyes: Our CEO Larry Roth's latest quarterly review of the wealthtech space discusses how wealthtech is advancing the client experience. The piece features expert views from Sindhu Joseph of CogniCor Technologies, Brian McLaughlin of Orion Advisor Solutions, Wade Spencer of F2 Strategy and Sid Yenamandra of Surge Ventures and RegVerse. READ THE STORY: https://lnkd.in/gTz89TyP #WealthSolutionsReport #FinancialAdvisors #WealthManagement #wealthtech

Vestmark CEO, Karl Roessner, engaged in a discussion with William Hortz, Founder of the Institute for Innovation Development, to explore the evolving landscape of technology and services in the wealth management market. "We are constantly looking at our core technology to be sure we are always moving forward with the times, keeping pace with what customers need as their businesses evolve." Read the full interview: https://hubs.ly/Q02t0Rr70 #WealthManagement #FinancialTechnology

If you want to know what we think about industry events we attend, look no further than our 2-Minute Takes! Here are Dan Johnson's thoughts on what he experienced at Orion's Ascent Conference earlier this month. Read now ➡ https://lnkd.in/eThHj_y5 #wealthmanagement #wealthtech #fintech

What are the latest trends in the wealth tech stack? Check out this article from Warren Seubel, Managing Director of CAIS Solutions, on the evolution of tech for wealth firms as they consolidate their infrastructure for improved efficiencies across their full alternative investment lifecycle. Read here: https://lnkd.in/gsxm4Hux #alternatives #investments #wealthtech

Orion Introduces Flexible Wealthtech Solutions for Advisors Learn more & get our take 👇 https://lnkd.in/gUaEM_uX “By offering a unified, flexible ecosystem of offerings where every firm can do business with us as they see fit, we aim to provide unrivaled opportunity to all advisors.” — Natalie Wolfsen, CEO at Orion “We remain ahead of the competition by understanding the challenges our advisors face and identifying areas of opportunity.” — Brian McLaughlin, President at Orion Advisor Tech #wealthtech #advisors #SoTNews

🗞️ Arch today announced it has passed more than $100 billion in private markets assets on the platform. To keep up with the rapidly growing universe of alternative investments, Arch has more than doubled its headcount, adding a key new hire, Zach Smith, to lead sales and partnerships. In addition, Arch added several product enhancements to support investors and advisors in their quest for higher returns and the diversification of private markets. These strategic moves emphasize Arch’s commitment to building the digital infrastructure required for seamless private markets investing, delivering on its plans for expansion and product development following its recent $20 million Series A funding. “After six years of investing in our clients and product, the demand we’re experiencing for Arch is exciting, with potential new clients reaching out to us daily. As the industry comes to understand the role private markets can play in enhancing portfolio outcomes, digital client experiences are needed to minimize the work and complexity of alternative investments like private equity. We built Arch to help our clients streamline operations and efficiently manage private markets investments. Since then, we’ve gone one step further, introducing new solutions to provide unique data-driven insights that empower our clients and their advisors to make smarter financial decisions.” - Ryan Eisenman, co-founder and CEO #news #growth #privatemarkets #wealthmanagement https://lnkd.in/g25QU8jq

🚨 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