Major turnkey management platform company AssetMark, which recently became privateannounced this week the closing of its acquisition of Morningstar Wealth's TAMP assets. This transaction brought about $12 billion in assets THE The AssetMark platform, which is now owned by private equity firm GTCR.
CAIS releases simple trading features for Alts
Alternative investment platform Also, special launched several new trading capabilities for the more than 2,000 wealth management firms it works with.
Key features of this “new trading experience” include a more user-friendly, intuitive and guided workflow for the subscription process, a simpler transaction initiation process that requires only the most essential information and less data entry, more flexibility in account creation. can now be initiated at several stages along the pre-trade process and improve account management within households.
Choreo Tax Advantage developed with Smartleaf
The big one RIA Choreowhich has more than 40 offices nationwide and $24 billion in AUM and AUA, has partnered with Smartleaf on a specialized suite of automated tax tools.
Called Choreo Tax Advantage, the automated and customizable tools are intended to assist advisor-CPA collaboration (something Choreo is known for) with day-to-day tax impact assessment and management of client portfolios.
Software-as-a-service platform provider Smartleaf helped develop the tools, whose key features include automated daily account review and recommendations, optimized after-tax performance through several screening methodologies, strategic profit deferral, strategic loss harvesting, tax and profit budgeting, tax-minimized rebalancing and direct indexation.
Invasion Planning Crossroads 1-Million-Plans-Created Mark
Conquest Planning, the AI-powered financial planning app launched by Mark Evans in 2018, it has already exceeded 1 million financial plans.
Evans, creator of NaviPlan (which is now owned by InvestCloud), first introduced new software to the US advisor market in 2020. It has a growing presence in Canada, where it was launched, as well as the United States and the United Kingdom, and has won various accolades, including being named one of the 10 companies to win Manulife/World's Prospering in Longevity Challenge Economic Forum's Prospering in Longevity Challenge.
Milemarker adds new features, including automated technology auditing
Milemarker, which in September launched its all-in-one data platform, Firm Intelligence and hinted at new features and improvements coming in the coming months, announced this week the addition of an automated technology audit, among other things. Audits help a firm assess its technology stack and identify where optimization and data integration make the most sense, and in conjunction with the company's data strategy capabilities, a firm can create a clear aligned plan to best achieve business goals.
Smarsh launches “Echo Cancellation” by email to remove redundant content
This new feature available within Smarsh's Professional Archive product filters “echoes,” or duplicate email content, into threads to reduce overall monitoring queues and save time for compliance officers. It has a built-in technology to prevent errors or false results.