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Streetbeat, an AI-driven trading and asset management platform, has raised $15 million in Series A funding led by CDP Venture Capital through the AI Fund, joined by TTV Capital, Monte Carlo Capital, and 3Lines VC. The funding will support the company’s expansion across the U.S. and Europe, enhance its product capabilities, and strengthen its technical teams. Founded in Palo Alto, Streetbeat’s platform helps advisors, brokerages, and institutions automate investing, risk management, and portfolio analysis through AI agents, boosting client capacity and AUM potential. StreetbeatPRO, the firm’s advisor-focused product, enables financial professionals to deploy customizable AI agents that automate portfolio tasks while maintaining human control and oversight. Advisors using StreetbeatPRO have reportedly increased their client base fivefold and achieved annual AUM growth of up to 15%. Currently serving 4,000 advisors across 15 countries, Streetbeat’s solutions are being adopted by large European brokerage banks as part of their advisory infrastructure. Aligned with the Best and Worst Uses of AI theme, Streetbeat exemplifies a high-value use of AI in wealth management—enhancing insight, automation, and operational scale without crossing into automated investment advice. By combining transparency, accuracy, and explainability, Streetbeat’s platform demonstrates how AI can extend advisors’ reach while preserving the human judgment essential to financial guidance. Link to Article

Finster AI has secured $15 million in Series A funding to accelerate the development of its artificial intelligence platform designed to improve how financial institutions analyze and interpret complex data. The round was led by investors including Peak XV and Hoxton Ventures. The company plans to use the capital to expand product capabilities and grow its research and engineering teams focused on delivering greater transparency and decision support across financial workflows. Founded in 2023, Finster AI develops tools that help asset managers and investment banks process large volumes of financial data in real time. Its technology uses natural language processing and machine learning to extract and contextualize insights from public filings, market data, and unstructured documents. The company’s stated goal is to empower finance professionals to identify risks and opportunities faster, reducing the time and cost associated with traditional analytics. Advances like Finster’s highlight the growing importance of data-driven intelligence within investment and compliance processes. As advisors seek to integrate AI insights into portfolio management, vendors who increasingly deliver explainable, auditable outputs become key partners in the next phase of financial technology modernization. Link to Article

AI-led advisor workflow platform Saturn has secured $15 million in Series A funding led by European venture firm Singular, with participation from Shapers, Y Combinator and Zeno Ventures. The company, founded in 2023, builds AI tools that streamline regulatory and administrative workflows in financial advice, enabling human advisors to focus more on client engagement. The new capital will support Saturn’s expansion in engineering, research, partnerships, and customer delivery as it accelerates product development. Saturn’s platform automates key advice processes, including suitability reporting, meeting documentation, onboarding and pension transfers. What previously required hours of manual work can now be completed in minutes, improving both compliance reliability and operational efficiency. The system is already in use at more than 600 advisory firms and networks, including Progeny, Hoxton Wealth, Perspective Financial Group and Insight Financial Associates. Within the Best and Worst Uses of AI theme, Saturn’s model highlights a constructive application of AI — handling complex but rule-based administrative and compliance tasks rather than replacing human judgment in advice. By reducing friction in documentation and oversight, Saturn gives advisory firms a scalable path to reach more clients while maintaining the human element at the core of financial planning. Link to Article #wealthtech #fintech #wealthmanagement #AI #financialplanning #RIAs #advicetech @Kendrick Wakeman @Michael Wuest @Mason Morris @Aidan Cartlidge @Tangia Zheng @Marshall Smith

Salt Lake City-based Jump, a provider of artificial intelligence solutions for financial advisors, has acquired Wisconsin-based Mobile Assistant, a leading transcription service for advisor meetings. WealthTech Strategy Partners served as the advisor on the transaction.  The acquisition combines Jump’s full-cycle AI automation, covering meeting preparation, CRM updates, and client follow-ups, with Mobile Assistant’s expertise in secure, high-accuracy dictation and transcription. Together, the firms aim to reduce administrative workload while enhancing client relationships and compliance readiness for advisors.  Jump, which recently closed a $20 million Series A round and now supports nearly 20,000 advisors, continues to expand partnerships with major wealth management firms such as LPL Financial, Cetera, and eMoney. Mobile Assistant customers will transition to Jump’s AI platform with dedicated onboarding support.  For wealth management firms and platforms, the deal underscores growing demand for integrated AI tools that streamline advisor workflows and strengthen client engagement.

The Asian WealthTech sector saw a sharp year-on-year funding decline in Q3 2025 but showed early signs of recovery quarter-on-quarter. A total of 31 deals were recorded, only slightly below the 32 deals completed in Q3 2024, marking a 3% decline in activity. Total funding reached $469.6 million, down 58% YoY from $1.1 billion last year, though the previous period included two deals exceeding $300 million each. Adjusted for those outliers, the actual year-on-year decline narrows to roughly 12%, suggesting that market fundamentals remain more resilient than headline numbers imply.  On a sequential basis, investment activity strengthened notably. Deal count rose from 22 in Q2 to 31 in Q3, a 41% increase, while total funding climbed 87% from $251.5 million. The quarter-on-quarter improvement points to a potential bottoming-out of the market as investors cautiously re-engage. Rather than being driven by macroeconomic concerns, the slowdown appears tied to venture capital availability, with VCs facing longer fundraising cycles and tighter deployment strategies.  The average deal size reached $15.1 million, down 49% year-on-year but up 33% from the prior quarter’s average. This reflects a pivot toward smaller, strategic rounds as investors focus on portfolio support and disciplined capital allocation. Taken together, the data suggest that Asian WealthTech funding is stabilizing, positioning the sector for a gradual recovery as capital formation improves in 2026.  Link to Article

Feathery, a startup focused on automating data exchange in insurance underwriting, has secured a venture investment from Erie Insurance’s Strategic Ventures fund. The company aims to become the standard platform for how data flows between clients, brokers, and carriers, reducing inefficiencies from manual processes that often delay coverage decisions. Erie joins Feathery’s roster of backers including Index Ventures, Bain Capital Ventures, Broker Tech Ventures, and SV Angel. Founded by Peter Dun and Zack Khan, veterans of Robinhood and Hightouch, Feathery enables carriers and brokers to connect disparate systems using AI and no-code tools. The platform allows insurers to customize underwriting workflows, integrate data from more than 100 sources, and enrich risk assessments without overhauling their technology stacks. The result is a more adaptive infrastructure that helps underwriters and agents focus on higher-value work. Strategic funds like Erie’s are helping established institutions gain insights into emerging automation technologies that could redefine underwriting and risk management. For wealth managers, Feathery’s work highlights how smarter, AI-enabled insurance infrastructure can streamline planning, improve risk transparency, and bridge data flows between insurance and advisory platforms.

Aboon, an artificial intelligence-powered third-party administrator built for financial advisors, has raised $17.5 million in seed funding led by Bain Capital Ventures, with participation from Altai Ventures, Runyon, Edward Jones Ventures, Outpost Ventures, and EJF Ventures.  Founded in 2023 by CEO Nick Gavronsky and COO Amy Ouellette, Aboon’s platform streamlines how advisors help business-owner clients design, launch, and manage 401(k) plans. By automating plan setup, pricing, participant onboarding, and compliance, the firm reduces what can be a months-long process to as little as a day, while integrating with record keepers such as Capital Group, Empower, and Manulife John Hancock.  The company’s growth comes as the U.S. enters “Peak 65,” when a record number of Americans reach retirement age each year. With more small businesses seeking cost-effective retirement options, Aboon’s advisor-focused model positions firms to meet rising demand efficiently and at scale.  Link to Article

Clove has emerged from stealth with $14 million (£10 million) in pre-seed funding led by Accel, joined by Kindred Capital, Air Street Capital, and a group of prominent angel investors. Founded by Paddle’s Christian Owens and former Trouva CEO Alex Loizou, the UK fintech is developing an advice platform that combines human expertise with AI technology. The company plans to use the funding to expand its team and continue building toward a full UK launch in 2026, pending regulatory approval by the Financial Conduct Authority. Clove’s founders say the firm is addressing a long-standing gap in financial advice access. Owens argues that traditional advisory models have “failed a huge section of society” by only serving those who are already wealthy. Loizou adds that Clove’s platform seeks to “break the traditional economics of financial advice” by automating administrative workloads with AI, allowing advisers to focus on helping clients make better decisions. The platform’s end goal being to make financial planning more accessible, affordable, and effective for individuals across income levels. https://www.clove.com/blog/fundraise

SS&C Technologies has completed its acquisition of Calastone, the London-based global funds network that automates fund trading, settlement, and data exchange for asset managers and distributors. The deal brings together Calastone’s transaction infrastructure, connecting over 4,000 organizations across 55 markets, with SS&C’s extensive software and data services footprint in fund administration, portfolio accounting, and investment operations. Calastone will continue operating within SS&C’s Global Investor and Distribution Solutions business, with its technology expected to expand automation and interoperability across the global funds ecosystem.    For wealth platforms and model portfolio providers, the integration aligns closely with our “TAMPs as the Tip of the Alts Spear”  theme. As turnkey asset management platforms look to lower friction in offering alternative investments, the combined capabilities of SS&C and Calastone could make alts distribution more scalable and transparent. By connecting custody, accounting, and fund trading infrastructure, the firms are positioned to serve as a bridge between traditional funds and the new digital distribution networks powering wealth management platforms.    The transaction also illustrates the “Rise of Corporate Venture Capital”  trend, where strategic acquisitions and minority investments are replacing pure venture funding as a path to innovation. SS&C’s deal underscores how incumbents are using M&A to gain early access to emerging technologies, road-map insights, and operational scale. For advisors and platform integrators, the move highlights continued consolidation among infrastructure providers driving toward fully connected, multi-asset distribution models.

Goldman Sachs has agreed to acquire Industry Ventures, a venture capital platform that invests across the full lifecycle of private equity, including secondary investments, early-stage co-investments, seeding emerging funds, and hybrid structures.  Industry Ventures currently oversees about $7 billion in client assets and has made over a thousand investments since its founding in 2000. Under the deal, Industry Ventures will become part of Goldman’s External Investing Group (XIG), which already handles traditional and alternative strategies for institutional and wealth clients. The firm’s 45 employees are expected to join Goldman Sachs, with leadership roles inside Goldman’s asset management business.  This acquisition strengthens Goldman Sachs’ private markets footprint by adding deeper venture and secondary capabilities, expanding the alternatives business that already oversees around $540 billion. It also represents another way Goldman is advancing the Alts2Wealth trend, bringing institutional-quality venture and secondary opportunities to advisors and clients seeking broader access to private markets within an integrated wealth management ecosystem.  Link to Article

Simplicity Group has acquired RetireOne, a leading independent platform for fee-based insurance and annuity solutions, in a move designed to strengthen its position in the growing market for retirement income planning. The deal adds RetireOne’s advisory-focused capabilities to Simplicity’s existing distribution network and product suite, while bringing on industry veterans David Stone, Jeff Cusack, and Ed Mercier as new partners. The acquisition reflects Simplicity’s continuing strategy of combining technology, education, and product access to help advisors meet client demand for protected income options. RetireOne operates one of the largest marketplaces for commission-free annuities and insurance designed specifically for registered investment advisors and their clients. By joining Simplicity, the firm gains additional scale and resources to expand the reach of its solutions across a broader advisor audience. The integration supports the industry’s ongoing shift toward fee-based business models and greater fiduciary alignment, positioning Simplicity to deliver both insurance innovation and operational efficiency for independent advisors. The transaction directly aligns with the Prepping for Peak 65  theme, as the number of Americans turning 65 reaches historic levels beginning in 2026. With more clients seeking reliable income streams and advisors looking for fiduciary-friendly annuity options, the combined capabilities of Simplicity and RetireOne are designed to address one of the most significant demographic and financial planning shifts of the decade.

Dezerv, a Mumbai-based digital wealth management platform, has raised ₹350 crore ($40mm) in a Series C funding round co-led by Premji Invest and Accel’s Global Growth Fund, with continued participation from Elevation Capital and Z47. The capital will be used to expand Dezerv’s investment offerings, deepen its technology platform, and onboard more relationship managers. Founded in 2021 by Sahil Contractor, Sandeep Jethwani, and Vaibhav Porwal, Dezerv provides curated investment portfolios and advisory services tailored to affluent professionals. The platform manages over ₹14,000 crore ($1.6b) across PMS, AIF, and distribution assets, and serves clients in more than 200 cities. Its app enables users to track mutual funds, stocks, bank accounts, and other financial instruments, with plans to add bonds, REITs, InvITs, loans, and credit cards. For advisors and integrators, Dezerv’s growth highlights the rising demand for D2C and advisor-led WealthTech platforms that combine institutional-grade investment solutions with personalized digital experiences. KNote:------ Here we go again...another D2C/Hybrid advice platform in India raising money like it grows on trees. They have all been rocketing operationally as well, with many doubling and tripling revenue every year for the last three years. Link to Article