FPPad Bits and Bytes for August 16

On this week’s broadcast, Fidelity shows what Google Glass might do to change wealth management, a startup looks to tame the onslaught of digital statements, controversy over GMail’s privacy policy, and more.

(Watch on YouTube) This week’s edition of Bits and Bytes is brought to you by Orion Advisor Services, the nation’s largest privately held portfolio accounting service bureau.

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Fidelity Market Monitor for Glass from Fidelity Labs

[First up this week is news from Fidelity Labs which just developed, oh wait, I just got a stock alert from my glasses. Right! Fidelity Labs developed an app for Google Glass, Google’s entry into the wearable computing market. Using the app, anyone donning Google’s controversial glasses can log in to their Fidelity account with voice authentication, get real time quotes by taking a picture of a company logo, and receive trading alerts. While the app is a glimpse of the not-too-distant future of mobile computing, I would not be surprised to see many of the quote and news-related updates provided by default in the Google Glass operating system. Still, the ability to perform account-related functions without having to hold a device in your hand can prove to be very popular, especially as wearable computing devices mature and become more socially acceptable.] Fidelity Labs is participating in a Google early developer program, and is working with a prototype of Google Glass to better understand the technology and how it may benefit our customers.

FileThis Fetch iPhone app available from FileThis

[Next up is news from a start-up in California called FileThis, which is new to my radar. Many of you are slowly making the transition to a paperless office, but you also should recognize how you can help clients make the transition to a paperless home. Nearly all of the major financial institutions provide statements we can download, but with ten or twenty accounts spread across banks, credit cards, and investments, it can easily take hours on the weekend to download and organize everything. This is where FileThis comes in. This week, FileThis released a free app for iPhone and iPad called FileThis Fetch. Within a few minutes of creating a free account, users connect their financial accounts and FileThis will automatically Fetch electronic statements and PDF files, and then route them to the user’s destination of choice, including Evernote, Dropbox, Personal, and Google Drive. Six connections are available for free, and users can purchase up to 30 connections for just $5 a month.] FileThis, a Marin, California-based startup, today announced the availability of an iPhone app for its award-winning FileThis Fetch service that lets consumers go paperless

No, Google did not say that there is no privacy in Gmail from TheNextWeb.com

[In online privacy news, Google’s GMail service made headlines this week as the company’s lawyers cited case law where, now I’m summarizing here, users of web-based email services cannot have a legitimate expectation of privacy when voluntarily turning over information to third parties. Websites like Consumer Watchdog and Gizmodo crafted pretty sensational headlines this week, making it sound as if Google had all but given up on protecting users’ privacy when they use the company’s free GMail service. But that’s not entirely true. Josh Ong at The Next Web helped clarify what Google’s lawyers actually said, and pointed out how their quote was taken out of context and blown out of proportion. But as an advisor, you should be concerned about how much information you volunteer to third party services, and would be well served by using business-class providers that have clear and explicit privacy policies. This means using email from Google Apps for Business, Redtail Email, Smarsh, and many more.] Earlier on Tuesday, Google was quoted by Consumer Watchdog, RT.com (Russia Today) and Gizmodo as having argued in a legal motion that customers have “no legitimate expectation of privacy”, but the quote has been taken out of context.

Video Creation 101 for Advisors – Join the Webinar! from Advisor Websites

[And finally, if this is the first Bits and Bytes broadcast you’ve watched, or you caught all three, you might be inspired to start your own broadcast to raise your own online profile or communicate with clients in new ways. If so, you’re in luck, because I’m teaming up with Advisor Websites to broadcast a free webinar about Video 101 for Financial Advisors. So clear your calendar for Tuesday, August 27th at 2pm Eastern, 11am Pacific, and sign up for this free webinar.] Advisor Websites is thrilled to announce that we’ll be presenting a brand new, action-packed webinar with our friend and trusted financial technology expert, Bill Winterberg! Join us as we present a comprehensive and simplified explanation designed to help you begin creating and sharing video content online.


9 Responses to “FPPad Bits and Bytes for August 16”

  1. Russ Thornton August 16, 2013 7:39 am

    I wasn’t aware of FileThis Fetch to help clients retrieve and organize digital statements. Thanks for sharing, Bill.

    One web-based tool that I’ve recommended to clients is Manilla (https://www.manilla.com/) which seems pretty similar. I’ve set it up and use it myself as another means of consolidation and backup – works as advertised.

    • Bill Winterberg August 16, 2013 8:08 am


      Certainly! What I like about FileThis is the ability to save documents to third party services like Dropbox, Box, et. al. You really get true ownership of your files, instead of the files being “captive” in a proprietary service.

      Does Manilla export files automatically like FileThis, or do users have to manually download them?

      • Russ Thornton August 16, 2013 11:12 am

        Manilla seems designed to be the document storage platform. You can certainly download the documents if you want to move them to Dropbox or Evernote, but I’m not aware of any direct connection among services.

  2. Suzanne August 16, 2013 8:30 am


    Wow. I really like this week’s edition. Watched the outtakes too (funny).

    I went paperless early last year and I love it. No more wasting paper. Less snail mail. I will be checking out FileThisFetch!

    Yes, I for one, am concerned about privacy issues with gmail. Visitors to my blog who sign up for my free report often experience long delays in receiving the confirmation email if they use a gmail email address. And the new folders in gmail stop me from receiving emails I really want to read. I’m sure there’s probably a way to manage the folder issue, but inertia is keeping me (and I’m sure many others) from learning how.


    • Bill Winterberg August 16, 2013 11:29 am


      Good feedback on the change in Gmail’s tabs layout and the inertia issue it raised.

      I use the Priority Inbox feature, which replaces the tabs layout, so my incoming messages haven’t been rerouted like so many others.

  3. Eric McClain August 16, 2013 10:44 am


    I think your videos are really well done. I am curious as to the equipment and software you are using if you are capturing and producing these in-house.


    • Bill Winterberg August 16, 2013 11:31 am


      You are not alone in wondering what equipment I use, so I will likely make a detailed article and perhaps even a video covering all the stuff that I use.

      But for right now, I shoot the video in a studio space I built in my home office in a 12 x 12 room. I use a Canon T4i DSLR camera with an external Rode Videomic and edit the footage with Apple’s Final Cut Pro X.

  4. tom brakke August 17, 2013 10:01 am

    Related to thoughts about Google Glass and wealth management, if you want to take a journey even further out, check out the implications for investors (and advisors) when we “don the goggles” in the future (from a mid-July piece): http://researchpuzzle.com/blog/2013/07/17/donning-the-goggles/

    • Bill Winterberg August 17, 2013 10:05 am


      Thanks for sharing! It will definitely be interesting to see how ubiquitous computing will challenge social norms.