#ItzOnWealthTech Ep. 38: 3 Reasons Advisors Shouldn't Do Everything Themselves with Jim Palumbo

"We have one humongous arch-nemesis and the initials are DIY. The do it yourself-ers have ultimately decided to just try to go it on their own. A majority of advisors don't choose a platform like ours, end up just doing everything themselves and here they are a year or two later, their hair is still […]

#ItzOnWealthTech Ep 35: Putting the Human Advisor Front & Center

"The ones that will really excel in the next 10 years are those people getting back to that Socratic selling and skillsets that many of us grew up in the industry learning about because the tech was so bad. But now that the tech is getting so good, the hard part is putting it all […]

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 […]

invest conference 2019

18 Innovative Fintech Products that You Need to Know About

"A picture is worth a thousand words. An interface is worth a thousand pictures." — Ben Shneiderman, American Scientist If an interface is worth 1,000 pictures, then the eighteen product demos we were treated to at the InVest 2019 Conference, which was held at the New York Marriot Marquis, were worth 18,000 pictures, which would […]

orion advisor services

Diamond in the Rough: Orion Finds a Financial Planning Gem in Advizr

“The soul is placed in the body like a rough diamond, and must be polished, or the luster of it will never appear.” ― Daniel Defoe, English writer Orion Advisor Tech (formerly Orion Advisor Services) announced that they are acquiring financial planning software vendor Advizr for an undisclosed amount. I sat down with Randy Lambert, president of […]

financial planning tools

#ItzOnWealthTech Ep 14: Cleaning Up Clients' Financial Closets with Adam Holt

"Consolidation of assets has been one of the leading value propositions of what we're doing, because if we can clean up a client's financial closet, that's more valuable than any kind of a investment strategy." — H. Adam Holt, CEO of Asset-Map, LLC Adam Holt is the Founder and CEO of Asset-Map, one of the […]

Morningstar Technology 

#ItzOnWealthTech Ep 12: How Morningstar Quietly Built One of the Biggest Financial Technology Businesses

"Everyone wants to be the next Amazon, but the reality of what we want to do is bring together capabilities where Morningstar research and IP can add some value." — Dermot O'Mahony, Global Head of Software at Morningstar Dermot is a SaaS-focused product executive with a track record for identifying high potential market opportunities within […]

envestnet financial planning

The Day Envestnet Became the King of Financial Planning Software

"It's good to be the king." — Mel Brooks, History of the World, Part I Does the $500 million deal to buy MoneyGuidePro make Envestnet the King of Financial Planning Software? There's so much to unpack here!  Envestnet CEO Jud Bergman said that they had been interested in buying MoneyGuidePro for almost as long as […]