11 Most Excellent WMToday Blog Posts from 2019

Well, the extended family has finally headed home and you’re debating whether to take down the holiday decorations or wait until the neighbors start complaining. It must be the end of another year! It also means it’s time for our annual top 10 list of the most popular Wealth Management Today blog posts.

As a bonus, we’ve included one extra post, for a total of 11, since there was a statistical tie for tenth place. We also couldn’t choose which one to include even after a particularly nasty fight among our editorial staff that included some childish name-calling and vague threats about planned April’s Fools jokes. So, I decided that both articles would make the cut to avoid further bloodshed.

After reviewing the now top 11 selections, we saw that our loyal readers had a wide range of interests in 2019 that included conference summaries, industry trends and technology updates.  But which one was the most popular?

Check out the list below to find out.

#11 – Diamond in the Rough: Orion Finds a Financial Planning Gem in Advizrorion advisor services

In the seemingly endless series of acquisitions of financial planning software companies, Orion Advisor Tech (formerly Orion Advisor Servicesannounced last July that they were acquiring Advizr for an undisclosed amount.

According to Randy Lambert, president of Orion Advisor Tech, they plan to integrate Advizr into their core platform offering and will no longer offer it as a standalone solution. This is a different direction than the one taken by Envestnet and Fidelity after their financial planning acquisitions. MoneyGuide and eMoney are both still available separately from their parent firms’ advisor platforms.

“It’s a value play,” Lambert stated, and they’ll include it at no extra cost to their clients.  This will be welcome news to the 70% of Orion clients that do not already have an active integration with a financial planning application.  They could take advantage of the integrated Advizr functionality as soon as the end of the year, if the predictions of a lightning fast integration made by CEO Eric Clarke come to fruition.

We included Advizr in our last financial planning software shootout, although they may not make the next cut since we have only included stand-alone products in this review. (See 4 Top Financial Planning Software Apps for Advisors)

Orion is definitely looking to prepare themselves to fight in a higher weight class and go up against Envestnet’s ENV2 platform as well as the other vendors that have dominated the broker dealer space including Fiserv Investment Services, Vestmark and Charles River Development.  They want to be a player in the enterprise space.

Click here to read the rest of this article on EzraGroupLLC.com

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