You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Wealthtech provider Orion announced a refresh of its brand this week, amongst a trio of milestones and developments that included surpassing $5 trillion in platform assets, attributed to both the organic and inorganic growth of its advisors, and changes to its investing and portfolio management tech stack. The most obvious update is the addition of a star to the upper right of its logo, a visual ...

Core Insights - Focal, an AI-powered productivity platform, has successfully raised $5 million in a seed funding round led by Distributed Ventures and Wischoff Ventures, focusing on enhancing its wealthtech offerings [1][2] Company Overview - Focal provides a range of features beyond AI note-taking, including performance coaching and intelligent AI agents that automate various tasks such as form-filling, data entry, onboarding, and KYC processes [2][3] - The platform aims to integrate seamlessly with existing advisor tools and systems, allowing for robotic process automation (RPA) without the need to replace current CRM or core systems [3] Product Features - The new funding will be utilized to further develop meeting automation, performance coaching, and back-office workflow features tailored for financial advisors [2] - Focal offers over 130 unlockable integrations with major CRM providers, including Salesforce, Redtail, and Wealthbox, enabling stakeholders to automate tasks within familiar systems [3][4] - The platform also provides performance coaching, onboarding, and KYC workflow support, and is recognized as an approved provider for Schwab's custodial platform [4] Leadership Team - The leadership team includes Jerry Bai, who has extensive experience in product management from companies like Microsoft and Yelp, and Clay Stupi, the Chief Technology Officer, who has a background in engineering at Chainalysis and Docusign [4]