Here are the links to today’s top stories:
Introducing Free Financial Planning from Wealthfront
SEI Strengthens Automated Workflows through Strategic Partnership with Advizr from PRNewswire
See the New RightCapital/Advyzon Integration in Action from RightCapital
Welcome to a new FPPad fintech briefing, Here are the top fintech stories you need to know today.
Introducing Free Financial Planning from Wealthfront
Today’s update is all about financial planning software, with the first story coming from Wealthfront, the Silicon Valley-based automated investment service with over 220,000 clients. This week the company announced it will now offer free access to its propriety financial planning software called Path with no investment account required.
Originally launched in February 2017, Path allows customers to illustrate the hypothetical growth of stock market investments, estimate home affordability, calculate projected college tuition costs, and more. Prior to the announcement, investors needed $500 to open a Wealthfront investment account in order to use Path, so the minimum fee to access the service was 25 basis points of $500, or just one dollar and twenty five cents.
SEI Strengthens Automated Workflows through Strategic Partnership with Advizr
Next up is news about Advizr, as SEI Investments recently announced an integration with financial planning software from Advizr to expand the company’s BusinessWise Program for financial professionals. SEI works with over 7,500 financial advisers under its SEI Advisor Network, which was recently rebranded to Independent Advisor Solutions by SEI, and the addition of Advizr to the BusinessWise Program is intended to offer financial professionals the choice of implementing a focused, modular financial plan or a completely holistic plan when engaging clients in the planning process.
See the New RightCapital/Advyzon Integration in Action
And finally, in news from from RightCapital, the financial planning software provider announced a new integration with Advyzon, a cloud-based wealth management platform for investment advisors. Soon advisors will be able to leverage data and portfolio account information maintained in Advyzon to quickly and efficiently populate an initial financial plan inside RightCapital without the need to duplicate data entry.
The companies will demonstrate the new integration in an upcoming webinar held on Tuesday, December 11, so be sure to visit FPPad.com/flashbriefing for a link to the webinar as well as all the links to today’s top stories.
I’m Bill Winterberg, and those are your fintech headlines for today from FPPad.com. Check back in with me later for more fintech news.
