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Nevis raises $70M Series B as Schwab joins as a strategic investor Nevis, which is building an AI operating system for wealth management, raised a $70 million Series B led by EQT Ventures with Schwab, Sequoia, ICONIQ, QuantumLight and Ribbit Capital participating, taking total funding to $110 million two years after founding while platform assets grew from $50 billion to more than $700 billion in a year. Schwab's minority stake is corporate venture capital doing its job, keep

Docupace rebuilds its wealth operations platform around a universal client record Docupace, a back-office software provider for wealth management enterprises, released Docupace Next 1.0, built on a new data architecture of reusable contact records that act as a universal client master across custodians, accounts, workflows, documents and connected systems. Existing workflows, document history and compliance controls carry forward, so a platform that processed 17 million work

Cerulli finds 401(k) retirement income needs advice, not just products Cerulli Associates’ U.S. Defined Contribution Distribution 2026 report found 46% of pre-retirees want to withdraw money when needed, 39% want guaranteed monthly income, and nearly 40% want a personalized, actionable retirement plan. With DC consultants suggesting the average plan may need two or three income options, adoption hinges on participant advice and recordkeeper infrastructure, opening a lane for

Zocks packages seven Claude skills into an Advisor Intelligence plugin Zocks launched an Advisor Intelligence plugin bundling seven Claude skills, including Next Best Action, Household Review Pack, Client Attrition Risk, Held-Away Radar and Tax Opportunity Scan, running on its read-only MCP connector across client data captured from past meetings. With more than 5,000 firms on the platform, including 7 of the 9 Barron's Top Mega RIAs, Zocks is moving from notetaker to client-

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

ETFBOOK raises $13 million to extend its ETF data platform ETFBOOK, the Zurich-based ETF data and analytics provider operating as SquaredData AG, raised a $13 million growth round led by Expedition Growth Capital, with existing investor BlackFin Capital Partners participating. With more than 11,000 European and U.S. funds covered, over 70 EMEA enterprise clients and 1,341 new ETFs launched in 2026 so far, fund-level flow and holdings data is becoming the layer that makes advi

Fi-Tek. (2026, September 23). Houston Trust Company goes live with Fi-Tek's Global Wealth Enterprise Solution™. PR Newswire. https://www.prnewswire.com/news-releases/houston-trust-company-goes-live-with-fi-teks-global-wealth-enterprise-solution-302888000.html Houston Trust Company has gone live on Fi-Tek's Global Wealth Enterprise Solution™ (GWES) as its core securities processing and accounting platform. The GWES implementation is intended to deliver integrated, straight-thr

Charles Schwab and Anthropic bring Claude to 16,000 independent RIAs Schwab Advisor Services partnered with Anthropic to deliver Claude for Financial Advisors to more than 16,000 registered investment advisors, with authenticated access to Schwab Advisor Center inside Claude and integrations across CRM, custody, portfolio reporting, planning and meeting tools. Schwab is currently the only RIA custodian offering the integration, which places custodial data inside the assistant

Hello FutureProof! FutureProof kicks off in Huntington Beach, California this coming week (September 14-17). I won't be there because nobody wants to see me in short pants, but if you see either of these two out there, say 'hi' and see if you can get them talking about WealthTech. Envestnet to acquire Vestmark, adding institutional-grade trading and tax capabilities Envestnet agreed to acquire Wakefield, Massachusetts-based Vestmark, which supports more than $2 trillion in as

GCash parent Mynt scales GStocks into the Philippines’ largest online retail stock platform Mynt, parent of Philippine super app GCash, said GStocks PH now serves over 2 million Filipinos and accounts for more than 50% of all online retail stock accounts at the Philippine Stock Exchange. With 3.22 million of the country’s 3.61 million retail stock accounts already held online, the payments super app rather than the brokerage is becoming the default on-ramp to Philippine equit

DBS sees millennial affluent clients nearly triple in Singapore DBS, Singapore’s largest bank, reported that millennial customers moving into its DBS Treasures affluent tier tripled in the first half of 2026, with overall retail-to-Treasures progression up 180% year-on-year. The bank is backing that momentum with more than 600 new hires, 18 new wealth centers, and AI tools that have already cut wealth-client onboarding time in half — a marker of how fast digitally led wealth

Siebert Financial deepens FusionIQ bet, signs 10-year WealthTech partnership Siebert Financial Corp. (NASDAQ: SIEB) is making an additional investment in FusionIQ and signing a proposed 10-year strategic partnership spanning wealth and advisory, broker-dealer and institutional distribution, and digital-asset infrastructure, subject to definitive agreements. The deal builds on work already underway since June 2025, when Siebert began integrating FusionIQ's platform to support

WealthTech Strategy opens a free job exchange WealthTech Strategy launched the WealthTech Job Exchange, a free listing board where people looking for their next challenge submit a casual profile that the team drafts, and where anything a candidate wants kept quiet can simply read “Upon Request.” Trading on network rather than fees, and built to accommodate confidential searches, it targets the part of WealthTech hiring that never reaches a job board: senior operators who cann

Slant launches AI-built intake forms inside its CRM • Slant, an AI-native CRM for advisors, launched Intake Forms that users create by describing what they want in plain language, with submitted responses applied to the client record in one click. • Pulling known CRM data and extracting details from an uploaded tax return before the client is asked anything reframes the form as an output of the database rather than a separate tool bolted onto it. Knote: More evidenc

WEALTHTECH SAFARI A Guided Tour of WealthTech News Week of July 31, 2026 *NEW FEATURE* WealthTech Job Exchange Because finding a good job is hard but building a good team is harder. Enterprise GTM and Sales -- Available FTE -- 20-year veteran of BlackRock, SS&C Technologies, and FA Solutions Link Knote: We are introducing a new feature: Job Exchange. This is our attempt at connecting our friends who are looking for new challenges with our friends who are looking to build

WEALTHTECH SAFARI A Guided Tour of WealthTech News Week of July 24, 2026 Neo Exits Stealth with $100M to Govern Agentic AI Neo emerged from stealth with $100M to help enterprises manage and secure the spread of AI agents across their software, in a round led by Andreessen Horowitz and Bessemer Venture Partners, with Craft Ventures and Merlin Ventures participating. Its real-time control layer spans agent and app inventory, risk intelligence, action-level attribution, granul

GIM raises $20M to scale agentic AI investing Grace Investment Machine (GIM), an AI-native investment tech company, closed a $20M Series A co-led by a US VC firm and Hony Capital, with IDG Capital and existing backer Monolith Capital participating, its third round in year one. The system builds foundation models for capital markets and multi-agent architectures that validate trading signals through layered reasoning; its CogAlpha paper was accepted at ACL 2026 with an oral re

YCharts to acquire Zephyr, expanding its advisor analytics platform YCharts, an advisor-facing analytics and research platform, is acquiring investment-analytics provider Zephyr in a deal framed as a partnership that broadens its toolset for financial advisors. Layering Zephyr’s portfolio analytics onto YCharts’ recent AI rollout deepens the platform’s push to become an all-in-one research and reporting hub for growth-minded advisory practices. Knote: I have not seen anything

WEALTHTECH SAFARI A Guided Tour of WealthTech News Week of July 3, 2026 2026 US Model Portfolio Landscape — Model portfolio market research • Third-party model portfolio assets reached $934 billion at the end of March 2026, up 46% year-over-year and closing in on the $1 trillion mark, per new Morningstar research. • With ETFs now capturing 55% of model allocations and nearly 70% of firms planning private-asset exposure, TAMPs and model providers are increasingly p

WEALTHTECH SAFARI A Guided Tour of WealthTech News Week of June 26, 2026 Edward Jones takes stake in elder-fraud startup Carefull • Edward D. Jones & Co., a 20,000-broker wirehouse, has taken a minority stake in Carefull, a fintech that monitors client accounts for signs of scams and cognitive decline, and will offer the service free to its 9 million clients. • With Americans over 60 reporting more than $7.7 billion in cyber-enabled fraud losses in 2025, the deal