I made it! The new FPPad headquarters is up and running in Atlanta (and if there weren’t boxes and papers everywhere, I’d post a photo).
But right now, it’s back to unpacking for me. So here are this week’s stories of interest:
Personal Phones, iPads at Work: Convenience or Cyber Threat? from Financial-Planning.com
[BYOD, or bring-your-own-device, is a growing trend in all businesses, including yours. Do you allow employees (and you, too) to connect to work-related systems with a personal mobile device? It can be as simple as allowing email or contacts to be synchronized to the device. If so, it’s critical you have procedures and systems in place to adequately protect any sensitive data stored on personal devices. This short review from new FP editor Paula Vasan is a timely reminder, plus you’ll get three mobile device management resources cited by me.] Personal devices can pose a serious threat to businesses if strict policies and preventative cybercrime measures are not put in place, according to a study.
Citrix follows Box’s lead by adding content editing and secure synching to its ShareFile mobile apps from TheNextWeb.com
[Dropbox, Box, ShareFile, etc. are common names heard when talking about cloud file storage and synchronization. Dropbox is wildly popular among consumers, Box is a leader in the enterprise, and ShareFile is growing well among financial advisers (it was also one of my picks for Best Tech of 2012). This week, ShareFile enhanced its mobile app by allowing users to create and edit documents, spreadsheets, and presentations directly within the ShareFile app, as well as allows users to markup and annotate PDF documents. With Box, you can do similar tasks using other third-party apps compatible with OneCloud. With Dropbox, you can’t do this.] Citrix, a cloud, networking, and virtualization technology company, will announce on Tuesday that it is updating its ShareFile file-sharing app with better mobile content editing. What this means is that the service aims to compete against Box and other enterprise-focused file sharing services, hopefully allowing users to be more productive while on the go, even when they are offline.
With a fresh $20M and sharp increase in assets managed, Wealthfront keeps growing from PanoDaily.com
[How is online advice platform Wealthfront fairing? Well, they’re up to $170 million in assets aggregated through the platform. I’d judge by growth in 2012 that the company is on its way to $500 million in assets by the end of 2014. Still, with a fresh round of $20 million raised, coupled with $3 million in Angel and $7.5 million Series A capital, its a significant investment for a questionable return so far. But again, there’s potential here if Wealthfront catches on with the next generation of wealth transfer on the horizon.] Wealthfront, which makes software that acts as a financial advisor for its clients, hasn’t had the easiest road remaking the financial world in Silicon Valley’s image. But it after a name change, a pivot and some key new hires it appears to be growing rapidly.
Erado Announces the Latest Addition to Their Social Media Compliance Solution, Salesforce Chatter from Erado.com
[Erado continues to increase their social media archiving coverage with the addition of Salesforce Chatter connectivity. Smarsh has supported Chatter since October 2012 (see FPPad Bits and Bytes for October 5), and with Erado onboard, I’d expect to see a slight uptick in Chatter use among advisers using Salesforce for their CRM.] Erado, the nation’s leading compliance and archiving firm in electronic communication, officially announced the newest addition to their Social Media Capturing suite, Salesforce Chatter.
