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Charles Schwab’s Crystal Ball Sees Less Technology in the Future for Custodians

Charles Schwab’s Crystal Ball Sees Less Technology in the Future for Custodians

Posted by on Mar 4, 2019 in Custodians

“What senses do we lack that we cannot see or hear another world all around us?” ― Frank Herbert, Dune Successful business leaders usually see the world differently from everyone else. They’re visionaries who are able to perceive that the world is changing before most other people and they take action to get ahead of the curve. […]

#ItzOnWealthTech Ep 1: Joel Bruckenstein’s highlights from the T3 Advisor Conference

#ItzOnWealthTech Ep 1: Joel Bruckenstein’s highlights from the T3 Advisor Conference

Posted by on Feb 24, 2019 in Asset Management

Podcast: Subscribe: Android | RSS “Our industry is still evolving.  The entrepreneurs and innovators can’t just rest on their laurels. When they see an opportunity to do something exciting they just want to jump on it.” — Joel Bruckenstein Joel Bruckenstein, CFP® (@fintechie) is publisher of the T3 Tech Hub and the producer of the Technology Tools for […]

How the Quovo Deal Validates Envestnet’s Vision for Yodlee

How the Quovo Deal Validates Envestnet’s Vision for Yodlee

Posted by on Jan 22, 2019 in Industry Analysis

“Good ideas are always crazy, until they’re not.” – Larry Page, co-founder of Google When Envestnet CEO Jud Bergman announced that his company was shelling out just under $600 million to buy data aggregator Yodlee, saying that the market did not approve was an understatement. The firm was blasted by both the press and equity […]

The Top 10 Articles from 2018

The Top 10 Articles from 2018

Posted by on Dec 30, 2018 in Industry Analysis

Welcome to 2019! It’s the 50th anniversary of both the Woodstock Music Festival and the Neil Armstrong’s Giant Leap for Mankind. Somehow I don’t think we’ll be able to top either of those events, but that won’t stop us from trying! Every year we compile this list of the most viewed articles here on Wealth […]

How Technology Enabled Model Marketplaces to Take Off

How Technology Enabled Model Marketplaces to Take Off

It seems as though every wealthtech vendor and custodian has launched their own model marketplace. It’s gotten to the point where I’m expecting to see model offerings at the drive thru at Dunkin Donuts one day soon. According to research from Cerulli, 80% of all financial advisors use some type of model portfolios in their […]

Mission: Impossible – Choosing the Right Digital Advice Vendor

Mission: Impossible – Choosing the Right Digital Advice Vendor

Posted by on Sep 5, 2018 in Conference Summaries, Technology

“Your mission, should you choose to accept it, is to review and analyze the leading vendors in the digital advice space and select the best one for your firm.” “This message will self-destruct in five seconds.” Sometimes it seems that the only way to fully grasp the rapid advances in advisor technology is to be […]

Digital Digest from the InVest 2018 Conference

Digital Digest from the InVest 2018 Conference

Posted by on Jul 18, 2018 in Conference Summaries

The battle between every startup and incumbent comes down to whether the startup gets distribution before the incumbent gets innovation. I pulled this quote from one of my favorite podcasts, a16z, which is produced by VC firm Andreessen Horowitz. I felt as though I was witnessing this ongoing struggle live last week at the In|Vest […]

7 Game-Changers from the T3 Advisor Conference

7 Game-Changers from the T3 Advisor Conference

Posted by on Feb 12, 2018 in Conference Summaries

Industry focus. Relentless focus on gathering knowledge. A burning desire to stay up-to-date on the latest technology trends in wealth management. These are all of the reasons that I spent the week in Fort Lauderdale attending the T3 Advisor Conference and did not go home early to be at the Eagles Super Bowl Parade. Forty years […]

5 Bold Predictions for Advisors’ Product Shelf in 2027 

5 Bold Predictions for Advisors’ Product Shelf in 2027 

Posted by on Oct 6, 2017 in Conference Summaries

The city of Chicago is known for having some seriously cold weather that can surprise visitors with it’s intensity. While October is far from the dead of winter, the average temperature has historically been in the high 50’s/low 60’s with a fair dose of wind to chill your bones. Fortunately, a few days of absolutely […]

Who Can You Trust When Buying Portfolio Rebalancing Software?

Who Can You Trust When Buying Portfolio Rebalancing Software?

Posted by on Sep 10, 2017 in Industry Analysis, Practice Management

“As you all know, first prize is a Cadillac Eldorado. Second prize is a set of steak knives. Third prize is you’re fired.”   — Alec Baldwin as Blake in Glengarry Glen Ross No one likes high pressure salesmen, no matter what they’re selling. Whether it’s a car, a cell phone or computer software, you […]