I’m in the middle of the Technology Tools for Today (T3) conference, concluding on Saturday. Today is a day of filming for the FPPad channel on YouTube, so look for updates coming over the next few weeks as video is edited.
First, I want to highlight the InvestmentNews 2012 Adviser Solutions Succession Study. Participate in the study and get the free report on succession planning to help you determine your firm’s level of succession preparedness.
Click here to participate in the study.
Now on to this week’s stories of interest:
Envestnet announces agreement to acquire Tamarac from InvestmentNews
[I posted on this acquisition yesterday, but for more information, see Davis Janowski’s update at InvestmentNews] Envestnet announced that it was acquiring Tamarac Inc., an increasingly popular provider of portfolio management technology among independent registered investment advisers, for $54 million in cash.
Junxure Announces New Practice Management Resources at eReleases.com
[There was a wave of acquisitions and hires last year, where consultants were brought on by software providers to expand their internal practice management offering. Here, Junxure is announcing new webinars offered by Elizabeth Jetton.] Junxure, a practice improvement firm that provides technology, consulting, and training, announced today the availability of a new series of practice management resources designed to help advisors better manage and grow their firms.
Demand for Consistent Account Data From Multiple Custodians in a Single Data Stream Fuels ByAllAccounts’ Growth from MarketWire.com
[ByAllAccounts has been one of financial planning technology’s best kept growth secrets of 2011. Now the account aggregator is pulling data for over $400 billion (with a B) in assets and added nearly 400 new clients over 2011.] ByAllAccounts, Inc., the financial advisors’ choice for account aggregation, today announced that assets flowing daily through its aggregation engine reached $400 billion during 2011, nearly double the amount at the end of 2010.
