Kilburn, F. (2026, July 28). LPL Financial rolls out new wealth tech platform. Citywire. https://citywire.com/pro-buyer/news/lpl-financial-rolls-out-new-wealth-tech-platform/a2495071 LPL Financial has launched a new integrated technology platform named LPL Latitude. The firm reported investing nearly $2bn over the past three years across the platform's five central elements. The platform unifies previously separate components spanning data architecture, cybersecurity, agentic artificial intelligence, advisor operating systems, and end-investor applications. The security overhaul follows a late-2025 breach in which cybercriminals accessed the advisor portal and affected 1,581 individuals, prompting new protections such as a business browser and phishing-resistant multi-factor authentication. The platform embeds LPL's agentic AI agent, Cyan, directly into existing advisor workflows to support automation, business insights, and planning tasks. A revamped data architecture connects LPL's self-clearing, broker-dealer, and custodial data ecosystems to give advisors a more complete view of business metrics. LPL expects to add more than 35 major enhancements to the platform this year on a rolling basis.

F2 Strategy, a West Chester, Pennsylvania consulting firm serving the wealth and asset management industry, has acquired Toronto-based Intelligo Partners, expanding its investment technology implementation business in Canada. Financial terms of the transaction were not disclosed. The deal follows F2's recent acquisition of Meradia and reflects rising spending by wealth and asset managers on platform modernization. Founded in 2012, Intelligo Partners advises asset and wealth managers on investment technology strategy, platform implementations and post-deployment support, and has worked with Canadian investment organizations on technology transformation projects. The combined organization will offer consulting across strategic planning, operations, investment platform implementation, data transformation and ongoing technology support. Chief Executive Officer Ryan Beach said Canada is one of F2's most important growth markets and that Intelligo's implementation expertise and client relationships would strengthen the firm's ability to support large-scale technology initiatives. Managing partner Tom Hong said the deal gives Intelligo clients access to broader transformation capabilities while preserving its advisory and implementation services. For advisors, platforms and integrators, the acquisition signals continued consolidation among the consultancies that help investment firms modernize their technology. F2 described the transaction as part of a strategy to expand its North American consulting platform as firms move from artificial intelligence pilot programs toward broader enterprise technology modernization. The move deepens F2's Canadian footprint at a moment when asset and wealth managers are investing to support the next generation of their operations. https://www.businesswire.com/news/home/20260716123639/en/F2-Strategy-Expands-Canadian-Presence-with-Acquisition-of-Intelligo-Partners

O'Connell, J. (2026, July 24). 20 questions to ask in every wealthtech AI demo. WealthManagement.com. https://www.wealthmanagement.com/financial-technology/20-questions-to-ask-in-every-wealthtech-ai-demo The article presents a 20 question due diligence framework organized into five levels, to be worked through in order, on the premise that a vendor who cannot answer Level 1 makes Level 2 irrelevant. Buyers are advised to prepare their own requirements list before the demo, documenting firm specific use cases, client workflows needing improvement, and compliance constraints, rather than letting the vendor set the agenda. Level 1 covers governance: what data the platform captures and where it goes, how personally identifiable information and client financial data are controlled against model or software team training use, data retention and post termination handling, and what compliance certifications or third party audits the AI system has undergone in the past twelve months. The 2024 Regulation S-P amendments impose documented vendor oversight obligations on every software tool that touches client data, with a compliance deadline for smaller RIAs of June 2026. Level 2 probes architecture transparency, including whether the models are proprietary, licensed, or built on a third party API such as OpenAI or Anthropic, what training data was used, where processing occurs, how hallucinations and bias are handled, whether temperature or confidence settings are configurable, and whether the system has ever produced incorrect output affecting client communications. Level 3 is the "turn it off" test, asking what functionality remains without the AI, for a side by side workflow comparison, what the system does that a rules based engine could not, and where the human sits in the loop, with Advisor360 research cited finding that 93% of advisors want final human review authority over any AI influenced output. Levels 4 and 5 require AI specific performance data rather than platform metrics, a measured error rate, third party validation, a reference client running the feature in production for at least twelve months, and a clear split between production, beta, and planned capabilities as well as between contractually guaranteed and aspirational roadmap items. Knote: There you have it from The Oasis Group, which is rapidly becoming an authority on WealthTech AI. Note that Level 1 is all about governance. If that level does not pass, no need to proceed any further. It may be a long read but it is a very short masterclass.

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, granular policy controls, and native enforcement; the founding team includes former SentinelOne leaders, led by CEO and co-founder Nick Warner. Knote: I would go as far as to argue that establishing a good governance infrastructure for AI will be one of the top roadmap items for 2027. As firms move from "magic box" mode to real enterprise implementation, governance and control is rapidly becoming a serious issue. Read the full post Alpaca Raises $135M to Expand Agent-First Brokerage Infrastructure Alpaca, a New York-based self-clearing broker-dealer, raised $135M led by Peak XV, with Elefund, Opera Tech Ventures, and Unbound joining, following its $150M Series D in January 2026 at a $1.15 billion valuation. Its API-first infrastructure lets fintechs, banks, wealth managers, and crypto platforms build investing products across traditional and onchain markets; the new capital accelerates its agent-first and prime-brokerage build-out. Read the full post AngelList Acquires Ark to Build an End-to-End Private Markets Platform AngelList acquired Ark PES, a fund management software provider serving 500+ general partners and administrators and supporting more than $185 billion in assets; terms were not disclosed. The combined platform pairs Ark's fund accounting, LP reporting, and fundraising tools with AngelList's banking network, payments, and cap-table software, with AI extended across those workflows to cut manual work. Read the full post Veriqus Group Raises $40 Million for AI-Enabled Wealth Platform Veriqus Group, an integrated wealth and asset management platform in India, raised about ₹387 crore (~$40M) led by Norwest Venture Partners; it was founded by ex–Julius Baer India chief Ashish Gumashta and ex–HDFC AMC fund manager Roshi Jain. The AI-enabled platform bundles advisory, portfolio analytics, risk monitoring, reporting, and lending for HNWIs and Tier II entrepreneurs, a push toward the "Family Office as-a-Service" model. Read the full post The New AI Governance Certification Quick Intro ISO/IEC 42001 is the first international standard for governing how an organization builds and uses AI, requiring firms to run an AI Management System of policies, risk and impact assessments, and controls that cover each system from development through retirement across four layers: a governance foundation, an assessment engine, controls justified in a Statement of Applicability, and an operating loop of metrics and audits. ISO does not certify firms directly; accredited bodies (such as ANAB or UKAS) run a two-stage external audit for a three-year certificate with annual surveillance, with most firms certifying in four to twelve months at audit fees of roughly $20,000 to $50,000, giving WealthTech firms a documented, auditable AI program before regulators or clients demand one. Read the full post Advyzon Debuts Native AI System for Advisers Advyzon has launched Advyzon AI, a built-in artificial intelligence system embedded within its wealth management technology and data platform for financial advisers and investment managers, following an "All-in AI" model in which intelligence is integrated across a single platform, one data model and a shared architecture rather than attached through separate tools or integrations. The system draws on shared workflows and platform data to locate relevant information, link connected activities across a firm and prepare proposed next actions for adviser review, with functionality extending across client relationships, financial planning, portfolios, reporting, billing, compliance, documents, operations and team collaboration. Core features include client intelligence and meeting preparation, document classification and data extraction, and planning tools covering cashflow modelling, scenario analysis and portfolio optimisation. Read the full post KSA Digital WealthTech Platforms Market Surpasses USD 1.9 Billion Milestone The KSA digital WealthTech platforms market is valued at USD 1.9 billion based on a five-year historical analysis, with growth driven by Vision 2030 financial-sector digitalization, accelerating robo-advisory and online investment adoption, rising demand for Shariah-compliant wealth management, and growing fintech and open-banking infrastructure. In March 2026, the Saudi Central Bank began licensing fintech companies to provide open-banking services following completion of its regulatory sandbox phase, and the underlying report benchmarks more than 15 regional and international players, including Al Rajhi Bank, stc pay, NCB Capital, Riyad Bank, and EFG Hermes. Read the full post

ISO/IEC 42001 is the first international standard for governing how an organization builds and uses artificial intelligence. It requires a firm to establish an AI Management System, a defined set of policies, risk and impact assessments, and controls that cover each AI system from development through implementation to retirement. The standard breaks into four layers: a governance foundation with a named accountable owner and an AI inventory, an assessment engine documenting what could go wrong and who is affected, controls drawn from a reference set of thirty-eight and justified in a Statement of Applicability, and an operating loop of metrics, internal audits, and management reviews. ISO itself does not certify anyone. Independent bodies accredited by national accreditation bodies such as ANAB or UKAS conduct the audits. A firm first runs an internal audit, then undergoes a two-stage external audit, and passing the second stage earns a certificate valid for three years with a shorter surveillance audit each year. Most firms reach certification in four to twelve months, and audit fees typically run from $20,000 to $50,000, though total cost depends on size and scope. For WealthTech firms, the standard converts ad hoc oversight of AI-driven advice and client tools into a documented, auditable program before regulators or clients demand it. The real ongoing cost is the shift it locks in, running AI as a governed process indefinitely. ISO 42001 does not capture shadow AI, so firms should treat binding regimes as the floor, including the EU AI Act and existing SEC, FINRA, and Reg BI obligations. Knote: I think AI Governance could be one of the top roadmap items for 2027 at financial services firms. It will take a while before a true standard of practice solidifies, in my opinion, but participants need to get onboard now. Download the full analysis:

Nasdaq, Inc. (2026, July 23). Nasdaq, Inc. second quarter 2026 financial results. Nasdaq. https://ir.nasdaq.com/static-files/1abf8435-c8d4-4bc4-bdca-646d629334e2 Second quarter 2026 net revenue was $1.5 billion, an increase of 15% year over year on both a reported and adjusted basis. Solutions revenue rose 17% to $1.2 billion, while Annualized Recurring Revenue reached $3.3 billion, an 11% increase on a reported basis. GAAP diluted earnings per share was $0.89, up 14%, and non-GAAP diluted earnings per share was $1.07, up 25%. Index exchange-traded product assets under management surpassed $1 trillion for the first time, ending the quarter at $1.114 trillion with $51 billion of net inflows. Listings set a quarterly record for total proceeds raised, led by the SpaceX listing at $86 billion, the largest IPO in exchange history. The company returned $174 million to shareholders through dividends and $356 million through share repurchases while net repaying $162 million of debt. Nasdaq updated its 2026 non-GAAP operating expense guidance to a range of $2.530 billion to $2.570 billion and maintained its non-GAAP tax rate guidance of 22.5% to 24.5%.

SEI Investments Company. (2026, July 22). SEI reports second-quarter 2026 financial results. SEI Investments Company. https://ir.seic.com/press-releases/detail/1041/sei-reports-second-quarter-2026-financial-results Second-quarter 2026 revenues rose 15% year over year to $641.6 million, while income from operations increased 33% to $197.0 million and operating margin expanded to 31%. Diluted earnings per share declined 11% to $1.59, whereas adjusted diluted earnings per share increased 38% to $1.66 following the prior-year gain on the Family Office Services sale. Total net sales events reached $43.5 million for the quarter and $110.6 million year to date, with recurring sales events of $32.6 million. Investment Managers led segment performance with 17% revenue growth and a 40% operating margin, while Private Banks operating profit rose 39% on continued sales conversion momentum. Ending assets under management increased 9.5% to $606.7 billion and total assets managed, advised, or administered reached approximately $2.1 trillion as of June 30, 2026. LSV Asset Management generated $2.0 billion of net inflows and contributed approximately $6.5 million of performance fees attributable to SEI during the quarter. SEI repurchased 1.3 million shares for $112.4 million at an average price of $86.92 per share during the quarter.

Ezra Group. (2026, July 21). Ezra Group launches AI agents directory for financial advisors. EIN Presswire. https://www.northjersey.com/press-release/story/215341/ezra-group-launches-ai-agents-directory-for-financial-advisors/ Ezra Group launched the AI Agents Directory for Financial Advisors, an independent catalog designed to help wealth management firms discover, compare, and evaluate AI agents. The directory addresses a rapidly emerging software category in which vendors offer specialized agents for advisor, operations, compliance, client service, marketing, and investment management workflows. AI agents are distinguished from AI assistants by their ability to autonomously execute multi-step workflows, interact with business systems, and complete tasks with minimal human intervention. The searchable catalog includes agents from both established wealthtech providers and emerging startups, with each listing classified by business function, target audience, and a standardized capability description. The directory is free to use and permits vendors to submit new agents at no cost, with no listing fees, paid placement, or rankings based on commercial relationships. Founder and CEO Craig Iskowitz stated that the resource was created to provide firms an independent view of the market so they can identify available solutions and compare them side by side. The directory is available at https://ezragroup.com/ai-agents-directory/, follows the vendor-neutral principles of the AdvisorTech Map co-published with Michael Kitces, and will be updated continuously as the market evolves.

Orion. (2026, July 21). Orion rockets past $6 trillion in assets and sets the AI-native standard for wealth management. Business Wire. https://www.businesswire.com/news/home/20260721058231/en/Orion-Rockets-Past-%246-Trillion-in-Assets-and-Sets-the-AI-Native-Standard-for-Wealth-Management Orion announced it has surpassed $6.6 trillion in assets under administration, a 29% increase since crossing $5 trillion one year earlier. The firm now supports more than 8.6 million technology accounts and has nearly doubled its wealth management assets year over year to $211 billion. Orion is expanding its Denali AI-native ecosystem into three options, with AI features included in every Orion product at no additional cost. The three tiers consist of Powered by Denali for built-in features, Denali Solutions for customized connected AI, and Denali AI for firm-wide orchestration launched in February. CEO Natalie Wolfsen stated that Orion clients grew nearly 40% faster in 2025 than non-Orion advisors and that AI-enabled time savings could support up to 40% more revenue capacity. Orion achieved ISO 42001 certification, described as the first international standard for artificial intelligence management systems. Orion reports a number one market share position in All-In-One Software, CRM, and Portfolio Management/Reporting, with 17 of the top 20 Barron's RIA firms relying on its technology.

Neo has emerged from stealth with $100m in funding to help enterprises manage and secure the rapid spread of AI agents across their software systems. The round was led by Andreessen Horowitz and Bessemer Venture Partners, with Craft Ventures and Merlin Ventures also participating. The company plans to use the capital to expand its engineering and go-to-market teams as businesses race to establish oversight of fast-growing agentic software. The firm argues that enterprise environments are changing faster than legacy security programs can handle, with staff adopting new AI tools from the ground up and incumbent vendors adding agentic features to already-approved applications. Neo offers a real-time control layer built around five capabilities, including an inventory of AI agents and applications, capability and risk intelligence, action-level attribution, granular policy controls, and native enforcement that can block dangerous activity. Its founding team includes former SentinelOne leaders, among them chief executive and co-founder Nick Warner. We feel that agentic tools that act on their own initiative, inherit permissions, and move through workflows raise clear governance questions for advisors, platforms, and integrators weighing where automation belongs. Neo reflects a wider recognition that as firms embed AI into regulated processes, the ability to monitor, attribute, and control that software becomes as important as the capabilities themselves. Knote: I would go as far as to argue that establishing a good governance infrastructure for AI will be one of the top roadmap items for 2027. As firms move from "magic box" mode to real enterprise implementation, governance and control is rapidly becoming a serious issue. https://www.thesaasnews.com/news/neo-raises-100m-other/

Rick Wurster discloses sweeping Schwab plan to flip up to 31% of its self-directed book of business into its RIA, Schwab Wealth Advisory, calling house retail clients 'unmatched conversion funnel'. (2026, July 22). RIABiz. https://riabiz.com/a/2026/7/22/rick-wurster-discloses-sweeping-schwab-plan-to-flip-up-to-31-of-its-self-directed-book-of-business-into-its-ria-schwab-wealth-advisory-calling-house-retail-clients-unmatched-conversion-funnel Charles Schwab is targeting up to 31% of its self-directed client base for conversion into its in-house RIA, Schwab Wealth Advisory. The initiative targets eight million or more self-directed clients holding more than $1 trillion in assets. CEO Rick Wurster described the firm's self-directed investor base as an unmatched conversion funnel into advice. Schwab anticipates approximately three times higher returns from clients converted into the RIA. The updated SEC ADV Part 2, filed June 30 and reviewed by RIABiz, reported $218 billion in assets under management as of December without providing revised figures. Wurster stated that the broader advised market, including users of Fidelity, Robinhood, Vanguard, the wirehouses, IBD reps, and bank brokers, remains 98% untapped by Schwab.

Snaylam, M. (2026, July 20). Can MoneySuperMarket turn savers into investors? FinTech Global. https://fintech.global/2026/07/20/can-moneysupermarket-turn-savers-into-investors/ MoneySuperMarket has entered the WealthTech market with an investment platform powered by Seccl, aiming to convert millions of UK non-investors into first-time market participants. The service, Investments by MoneySuperMarket, is integrated into the company's app and lets customers open a stocks and shares ISA or general investment account and invest from £1. The platform charges no trading fees and applies an annual platform fee of 0.34%. Company research found that around 70% of UK adults do not invest, while one in 10 investors cannot identify the product they hold. To simplify the experience, the platform offers a curated range of 40 funds and ETFs, including Vanguard LifeStrategy portfolios and self-directed options such as S&P 500 tracker funds. Customers automatically receive SuperSaveClub membership, with the first three months of platform fees credited back to their digital wallet alongside cashback rewards and discounts. The launch supports MoneySuperMarket's ambition to become a financial companion that combines comparison, savings, and investing within a single digital experience, building on a SuperSaveClub base of more than 2.5 million members.