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MDOTM. (n.d.). Custom at scale: What it really takes to run tailored MPS. https://www.mdotm.ai/news/custom-at-scale-what-it-really-takes-to-run-tailored-mps MDOTM hosted an Investment Leadership Event at The Line in London on 1 October, bringing together DFMs and wealth managers to examine what it takes to run tailored model portfolio services (MPS) at scale. NextWealth data shows on-platform discretionary MPS assets have reached £208bn, growing 32% in a year, more than twice

Barnes, B. (2026, October 6). M1 Advisor: Your financial life finally has a CFO. M1. https://m1.com/blog/m1-advisor-your-financial-life-finally-has-a-cfo/ M1 has launched M1 Advisor, an AI financial advisor built into its platform that is live now for M1 clients and free through December 31, 2027. M1 Advisor is offered through M1 Advisory Services, LLC, an SEC-registered investment adviser that M1 describes as having a legal duty to act in the client's best interest. The advi

PlannerPal, an AI workflow platform for financial advice and wealth management firms, has raised $6 million (£4.3 million) in a round led by Mercia Ventures. Ada Ventures, which led the company's February 2024 pre-seed round, also participated, alongside strategic fintech investors and angels. PlannerPal will use the capital to expand its engineering and product teams, support customer rollouts, and accelerate development of its client intelligence capabilities. PlannerPal be

Alto, a Nashville-based self-directed IRA custodian and broker-dealer, has agreed to acquire Forge Trust, a Charles Schwab company. Financial terms were not disclosed. Once closed, the combined business will hold more than $20 billion in assets under custody, serve over 60,000 self-directed IRA accounts holding private market assets, and administer more than 3 million Custody-as-a-Service accounts. The deal is pending approval from the South Dakota Division of Banking. Alto's

KKR has agreed to acquire Gen II Fund Services, a technology-enabled fund administrator for private capital managers, from Hg, General Atlantic and other minority investors at an enterprise value of $5.1 billion. The investment will be made through KKR's Core Private Equity strategy, and the transaction is expected to close in 2027. Gen II co-founder and CEO, Steven Millner, will continue to lead the company. Founded in 2009 by Steven Millner, Steven Alecia and Norman Leben,

Altruist. (2026, October 6). Altruist adds donor-advised funds so advisors can manage charitable giving in-platform. Business Wire. https://www.businesswire.com/news/home/20261005103748/en/Altruist-Adds-Donor-Advised-Funds-so-Advisors-Can-Manage-Charitable-Giving-In-Platform Altruist, an AI-forward wealth technology and custody platform for advisors, added donor-advised funds that advisors can open, fund, invest, and manage for clients in minutes without a separate system. Ad

Agostinelli, J. (2026, October 5). Morningstar investor perspectives for advisors: 4 trends shaping client relationships. Morningstar, Inc. https://www.morningstar.com/business/insights/research/investor-perspectives-for-advisors Morningstar's Investor Perspectives: Financial Advisors survey is based on 501 online responses from US advisors collected between July 21 and August 16, 2026. The share of advisors reporting AI use rose from 67% in 2025 to 80% in 2026, led by intern

Donachie, P. (2026, October 2). SEC self-custody rules for crypto assets draws divisive reactions. WealthManagement.com. https://www.wealthmanagement.com/regulation-compliance/sec-proposes-self-custody-rules-for-crypto-assets The SEC proposed custody rule changes that would allow RIAs to self-custody clients' crypto assets if they determine a permitted custodian is not available, a condition they must recheck quarterly. Advisors using self-custody would need expertise in safe

Zocks. (2026, September 30). Zocks launches Advisor Intelligence plugin with seven skills for Claude. https://www.zocks.io/press/zocks-launches-advisor-intelligence-plugin-with-seven-skills-for-claude Zocks announced an Advisor Intelligence plugin that packages seven Claude skills developed specifically for financial services workflows. The skills reason across client information Zocks has captured from past meetings and conversations, including goals, concerns, life events,

WealthTech Job Exchange Because finding a good job is hard but building a good team is harder. Digital Media, Performance Marketing and Growth -- Available FTE -- 20+ year Boston-based digital media leader, with WealthTech stops at MassMutual, FinMason and Upromise Link Northwestern Mutual selects Jump as its enterprise AI partner Northwestern Mutual named Jump its enterprise AI partner, putting Jump's suite in front of roughly 22,000 financial representatives, advisors and t