You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Wealthtech provider Envestnet’s Tamarac unit released enhancements to its platform that expand trading oversight capabilities, improve reporting flexibility and present a redesigned mobile client experience for RIA firms. The first quarter 2026 technology release introduces selective sync functionality, improved account search tools, a refreshed billing user interface and new grouping options i ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Berwyn, Pa.-based wealthtech firm Envestnet announced an initial series of interval funds is now available within its Unified Managed Account platform.  This will enable advisors using the platform to oversee all aspects of interval funds—part of the broader family of semiliquid funds have become popular among advisors increasing allocations to private markets—within the UMA. This includes ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. All of wealthtech provider Orion’s more than 1,300 employees have an “AI goal” to meet in 2026 as the firm seeks to use artificial intelligence to its best advantage and deliver it to its universe of more than 30,000 advisor clients. “Everyone at Orion has set an AI goal for themselves in 2026 so that they can elevate the work that they do and the impact that they have, and we can do that to th ...

Core Insights - Aquilance has raised $16 million in funding from Ten Coves Capital, marking its first institutional capital raise in 39 years [1] - The company rebranded from My Accountant in 2021 and underwent a recapitalization with private individual investors [2] - Aquilance has been expanding its executive team with experienced professionals from wealthtech and banking sectors [3][4][5] Company Developments - John Carey was appointed as CEO in June 2024, succeeding Kenneth Eyler [3] - Kevin Reed joined as the first chief revenue officer in October 2024, focusing on branding and marketing for financial advisors [4] - Craig Setera was appointed as the first chief technology officer in 2024, enhancing the company's tech platform to serve clients with $10 million or more in assets [5] Client Base and Services - Aquilance primarily serves ultra-high-net-worth individuals, with a significant portion of business referred by financial advisors [6] - The company provides services such as bookkeeping, bill pay, investment, and entity accounting through financial advisors [6] - Aquilance aims to offer a high-net-worth money movement service similar to mobile banking apps for advisors and their clients [7]

Group 1: Company Developments - Orion has refreshed its brand and surpassed $5 trillion in platform assets, driven by both organic and inorganic growth of its advisors [1] - The brand update includes a new logo featuring a star, aligning the visual identity of its brands, including Redtail and Brinker, with Orion [2][3] - A unified investment framework has been introduced to streamline how advisors evaluate and implement investment strategies [3][4] Group 2: Investment Framework - The unified investment framework integrates Orion's investment technology and research, simplifying the evaluation and implementation of strategies through the Orion Investment Portal [4][5] - This framework combines portfolio construction tools, due diligence processes, and strategist coverage under a consistent philosophy of grow, earn, diversify [5] - It represents advancements in technology and processes, connecting behavioral finance, risk analytics, and tax-efficient model construction within a scalable experience [6] Group 3: Industry Integration - CAIS and Schwab Advisor Services have expanded their technology integration, allowing Schwab's advisor clients to bring account profiles onto the CAIS platform [7] - This integration aims to simplify operations and enhance the management of alternative investments for advisors [8]

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]