Advyzon Investment Management, an asset management program under the Advyzon platform, has named Scott Smith its chief revenue officer.
Smith started his over 20 years career in financial services as relationship manager and vice president of sales at TD Ameritrade Institutional, where he served for two years. He then spent four years each as vice president of sales at Fidelity Institutional Wealth Services and relationship manager at Schwab Advisor Services. He was vice president of business development at BNY Mellon | Pershing for more than three years and vice president and regional director at Envestnet for three years.
Most recently, Smith served as head of the central RIA custodial sales division at Goldman Sachs for the past three years.
Advyzon started Advyzon Investment Management in March 2022.
In February, Advyzon Investment Management announced a partnership in which they started serving as TAMP ABOUT Or wealth.
Ken Denman joins the TIFIN Board of Directors
AI platform TIFIN has appointed Ken Denman to its board of directors.
Denman is a general partner at venture capital firm Sway Ventures and serves on the boards of Costco Wholesale and Motorola Solutions. He was president and CEO of Emotient, which Apple acquired in 2016. Before that, he was also CEO at Openwave Systems and iPass Inc.
TIFIN's board currently includes TIFIN's CEO and founder Dr. Vinay Nair; Rob Heyvaert, founder and managing partner of Motive Partners (who joined the board in May 2022 as part of TIFIN's $109 million Series D financing round); Tom Tinsley, former managing director of General Atlantic and former CEO of Baan Software NV; Cathie Wood, CEO and CIO of ARK Invest (who joined the board in July 2021); Glenn Hubbard, director of the Chazen Institute, and dean emeritus and professor of finance and economics at Columbia Business School (and chief economist to President George W. Bush); AND Anil Arora, senior partner at TIFIN and former CEO of Envestnet | Yodlee.
Vestwell Expands Its Partnership With JP Morgan Asset Management's Everyday 401(k)
Vestwell this week announced an expanded rollout of JP Morgan Asset Management's Everyday 401(k), its workplace savings platform for small businesses. Among several newly introduced capabilities is the ability for financial advisors to serve as a 3(38) investment manager in a workplace retirement plan.
The partnership was originally announced in May 2023. In December, data keeper as a service, employer and individual savings platform provider announced its Series D funding roundwhich brought in $125 million.
Founded in 2016, Vestwell has now also become the program administrator or data keeper for 80% of direct auto-IRA programs in the United States.