riskalyze

Can Riskalyze Disrupt Another Area of Wealth Management?

“The future is already here — it’s just not very evenly distributed”. When science-fiction writer William Gibson came up with this maxim in the early 1990’s, he was referring to how technological advances are unevenly spread across the globe. The same holds true for technological advances across the fintech space. Take Riskalyze for example. When the company was […]

Tamarac integration partners

How Tamarac Integration Partners Make Their Platform Stickier

I’m writing this post from seat 29C on a United flight from Newark to Los Angeles where I’ll be attending this year’s T3 Advisor Conference.  The ability to stay productive almost 24/7 is both a boon and bane.  Advances in technology provide me with wifi access at 35,000 feet, but also piles on the pressure […]

risk tolerance

Considering the tidal wave of fear-driven headlines these days, it’s tough focusing on the biggest issue we should be worrying about.  Climate change causing the oceans to rise?  Over-exuberant stock market heading for a crash?  The New England Patriots winning another Super Bowl? The problem is that human brains just aren’t wired to make accurate risk predictions. Financial advisors […]

top ten WMToday posts

The Top 10 WMToday Posts from 2016

Craig’s Note: I love these summary articles because they’re a great way to re-purpose content while providing you, our loyal readers, with a handy overview of the year gone by.  Robo-Advisors are still a hot topic, although I believe a B2C shakeup is likely in 2017.  Portfolio rebalancing tools have been a staple on this blog since it started. […]

women fintech

Women: A Missing Pieces of the FinTech Puzzle

There is a curious trend an observant mind will notice while scanning the halls of any wealth management conference. In most rooms, less than 15 percent of the crowd are women. Despite ongoing efforts, bringing larger numbers of women into the financial advisory fields has been challenging. FinTech has been no exception. Despite the sector’s power […]

Content Plus Robos the Formula for Attracting Financially Fragile Millennials

Financially Fragile Millennials Respond to Targeted Web Content

Millennials have long presented a puzzle to financial advisors, and for good reason. On the one hand, we have a 75-million strong generation that is better educated, more diverse and more active than its predecessors. On the other hand, much of the Millennial crowd is not all that appealing to a traditional financial advisor. According […]

Roboadvisors Renaissance

How the RoboAdvisor Renaissance Pushed the Industry Out of the Dark Ages

While B2C robo advisors have yet to reach asset levels that could threaten traditional advisors, their innovative technology has been spurring firms to revamp their online presence.  A Roboadvisor Renaissance has spread across the formerly stodgy wealth management industry.  Legacy technology vendors are rushing to revamp their user interfaces and add automated investment offerings to meet a […]

client engagement

Grapevine6: A Social Media Secret Weapon for Advisors

Maintaining engagement with clients and prospects has always been a costly and time-consuming, yet critical task for financial advisors. Social media has provided a free communications channel, but it does not reduce the effort required to locate or create and distribute captivating content. It has been a perennial industry puzzle: how can advisors effectively leverage networks such as LinkedIn, Twitter and Facebook […]

data aggregation

How Yodlee’s Predictive Analytics Can Power Envestnet to Revolutionize Financial Advice

When Envestnet acquired data aggregator Yodlee in mid-2015 for $590 million, mixed feelings and heated opinions were flying high. Some felt that this was a brilliant move that would augment Envestnet’s capabilities. Others frowned on the transaction citing the 50% premium as unreasonable and anticipating integration issues. A year after the deal was announced, how is the power couple faring? Better […]

Vestorly delivers next-generation client engagement

3 Ways Vestorly Delivers Next-Generation Client Engagement

Once upon a time, creating client engagement online took a lot of time and effort. Advisors labored to create original content, or scoured the Internet for articles to share. Results were often stodgy, boring, and mediocre. Clients and prospects ignored the shared content, and no one lived happily ever after. Along came a wave of startups looking to […]