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The Oasis Group. (2024, October). The Oasis Group’s AI readiness index: First maturity benchmark for wealth management industry. Peak's Perspective. https://theoasisgrp.com/peaks-perspective/the-oasis-groups-ai-readiness-index-first-maturity-benchmark-for-wealth-management-industry/ The Oasis Group has launched the industry’s first AI Readiness Index to provide a standardized maturity benchmark for wealth management firms. This index evaluates firms across multiple dimensions including data governance, technological infrastructure, and organizational culture to determine their capacity for AI adoption. Results from the initial benchmarking reveal that while interest in artificial intelligence is high, many firms struggle with foundational data cleanliness and legacy system integration. The framework categorizes firms into distinct maturity levels to help leadership teams prioritize strategic investments in their digital transformation journeys. Strategic data management is identified as the most critical factor for firms seeking to transition from experimental AI pilots to scalable enterprise solutions. The report emphasizes that successful AI implementation requires a shift in workforce training and a proactive approach to risk management. By establishing this benchmark, The Oasis Group aims to provide a clear roadmap for wealth management executives to navigate the complexities of emerging technologies. Knote: The Oasis Group team continues to make quite a name for themselves in Wealth AI, so they have a chance at becoming the key benchmarking agent for AI adoption at a wealth firm. They even include a self-assessment tool, which consultants rarely do, but I guess this is that important. Note that they identify strategic data management as the most critical factor for enterprise adoption. We couldn't agree more.

O'Connell, J (2024, April 17). Natural language research: Google Finance’s deep search changes investment workflows . The Oasis Group. https://theoasisgrp.com/peaks-perspective/natural-language-research-google-finances-deep-search-changes-investment-workflows/ Latest Peaks Perspective newsletter from The Oasis Group , they highlight that Google Finance has introduced a "Deep Search" feature that utilizes natural language processing to extract specific data from complex financial filings. This tool allows investment professionals to query qualitative information within 10-K and 10-Q reports without manually scanning hundreds of pages. The integration of large language models enables the platform to provide cited answers directly linked to the source text for immediate verification. Analysts can now perform cross-company comparisons of specific thematic risks or strategic initiatives more efficiently than traditional keyword searches allow. The technology significantly reduces the time required for fundamental research by shifting the focus from data collection to higher-level analysis. While the tool enhances productivity, users must still exercise professional judgment to interpret the context and nuances of the AI-generated summaries. This advancement represents a broader trend of consumer-grade financial tools adopting sophisticated research capabilities previously reserved for institutional platforms.

Barnstein, Fred (2026, March 2). RPAs Face Growing Competition From Wealth Advisors Over 401(k) Participants. WealthManagement.com . https://www.wealthmanagement.com/rpa-news/rpas-face-growing-competition-from-wealth-advisors-over-401-k-participants (RPA = Retirement Plan Advisor) Wealth management firms are aggressively expanding into the retirement space to capture individual participant assets and rollover opportunities. Increased private equity backing is driving consolidation and pressuring firms to seek growth through integrated wealth and retirement services. Retirement plan advisors are facing new challenges as traditional wealth managers target employees who were previously overlooked by the institutional side. The integration of technology and managed accounts allows wealth firms to provide personalized advice to a broader range of 401(k) participants. Firms are increasingly viewing the employer-sponsored plan as a primary channel for acquiring high-net-worth clients at the individual level. Traditional retirement plan advisors must adapt by offering holistic wealth management services to remain competitive against larger, multi-service firms. The shifting industry landscape is forcing a convergence between institutional retirement consulting and individual financial planning. Knote: With more people turning 65 this year than in human history, 401-k rollovers and advisory is the major battleground for organic growth and advisors need to sharpen their proposals, get in there, and win. The Great Wealth Transfer is happening over the next 30 years. The Great Liquidation is happening now.

Orion. (2026, February 26). Orion Announces Denali AI Enterprise Version, Powering a New Era in Advisor Productivity . Business Wire. https://www.businesswire.com/news/home/20260226730121/en/Orion-Announces-Denali-AI-Enterprise-Version-Powering-a-New-Era-in-Advisor-Productivity Orion has officially launched the Denali AI Enterprise version to enhance productivity and operational efficiency across wealth management firms. The platform leverages generative artificial intelligence to automate complex workflows and provide advisors with immediate access to actionable data. Financial professionals can utilize natural language processing to query client information and generate customized portfolio insights in real time. This enterprise-grade solution incorporates advanced security features and firm-level administrative controls to maintain strict regulatory compliance. The system integrates directly with the existing Orion wealth management ecosystem to centralize client data and investment management functions. A primary objective of the rollout is to significantly reduce the time advisors spend on manual administrative tasks and report generation. The technology enables firms to deliver more personalized client experiences through the use of data-driven predictive analytics and automated communication tools. Knote: An AI tool that lets people query data? Meh. A data layer that allows people to query data with an AI tool? Very interesting and awesome! AI is not a computational exercise. It's a data exercise first and foremost. Orion has spent the last several years trying to get its arms around its data ocean and now they are reaping the rewards.

Your guided tour of the interesting events in WealthTech for the week. iAltA Holdings Acquires Delio as They Quietly Build Their End-to-End Alts2Wealth Platform   iAltA Holdings has acquired Delio, a provider of white-label operating systems for private market investments, to further its goal of creating an end-to-end private markets platform. This acquisition solidifies iAltA’s position in the alternative investment space by integrating digital workflows and reporting tools that are becoming essential as private assets go mainstream.   Knote: We have always loved what was going on at Delio, so now we love what is going on at iAlta. Everyone has Alts2Wealth on their 2026 roadmap. But Bill Sherman, Scott Ganeles, and Gareth Lewis seem to understand that after everyone gets their systems in place, the music will stop for the next 5-7 years since these systems are sticky. They plan to develop the end-to-end functionality and pure heft to be one of the ones left standing. In the last year, iAlta has acquired BridgeFT, Verivend, and Betterfront, quickly and quietly building what they hope will be the category-killing end-to-end Alts2Wealth platform.   Read More: WealthTech Strategy Partners Blog   Docupace Acquires InvestEdge and Appoints Brian Filanowski as CEO   Docupace has acquired the compliance and surveillance platform InvestEdge and named data veteran Brian Filanowski as its new CEO to lead its expanded regulatory technology suite. By merging back-office automation with sophisticated bank-grade surveillance, Docupace is positioning itself as a unified data fabric for large-scale wealth management enterprises facing rising regulatory scrutiny.   Knote:  Effective compliance means automation & AI, and the more unified the platform the better. So, we are fans of this transaction. If they hook in the outside compliance consultants to remove even more from the CCO’s plate, it would be tears of joy.   Read More: WealthTech Strategy Partners Blog   Anthropic Launches Wealth Management Specific Plug-Ins, Partners with LPL and Orion   Anthropic has introduced new AI "plug-ins" for the wealth management industry, establishing partnerships with LPL Financial and Orion to build customized, compliance-controlled advisor tools. This move transitions AI from a general-purpose chatbot to a specialized infrastructure layer, allowing major firms to build proprietary, data-secure agents that enhance rather than replace the advisor.   Read More: WealthTech Strategy Partners Blog   april Launches AI Tax Platform for Wealth Management Firms   Embedded tax provider april has debuted an AI-powered tax platform that automates data collection and provides real-time tax simulations for wealth management clients. By integrating tax planning directly into the wealth management workflow, advisors can provide high-value family office services without the overhead of a dedicated internal tax practice.   Knote:  april continues its drive to put tax analysis into every financial decision, quarterbacked by the most logical person: the financial advisor. When we talk about Family Office as-a-Service, we always mention tax planning/coordinating as one of those services advisors and clients are looking for. I expect competition in this area will continue to heat up and advisors and clients will be the better for it.   Read More: WealthTech Strategy Partners Blog   LPL Financial and Simplicity Group Form Strategic Relationship to Deliver Specialized Insurance Products, Operational Support, and Comprehensive Training to LPL Advisors   LPL Financial and Simplicity Group have partnered to integrate specialized insurance products and point-of-sale support directly into the LPL advisor ecosystem. This partnership facilitates the seamless delivery of protection-based products, allowing advisors to address holistic estate planning needs while diversifying revenue streams.   MWnote:  As fee compression pressures traditional asset-based revenue, a deeper integration of insurance solutions offers advisors the opportunity to diversify revenue streams while also addressing growing client demand for protection planning (which couldn't come at a better time now that Peak 65 is well underway).   Read More: WealthTech Strategy Partners Blog   Sherpas Secures $3.2 Million Seed Round to Scale AI Infrastructure for Wealth Management   Sherpas raised $3.2 million in seed funding led by Marty Bicknell’s family office to scale its AI-native operating layer for standardizing financial advice analysis. Sherpas aims to solve the problem of manual, fragmented planning by providing a standardized analytical foundation that automates intake and scenario modeling for enterprise firms.   Read More: WealthTech Strategy Partners Blog   Orion Expands Integration With DPL Financial Partners To Embed Commission-Free Annuities In Orion Connect   Orion has deepened its integration with DPL Financial Partners to embed commission-free annuity comparison and analysis tools directly within its advisor dashboard. Removing the friction from insurance product analysis allows fiduciaries to treat annuities as fee-billable assets, fully integrating them into a holistic portfolio management strategy.   Knote:  With more people turning 65 this year in the US, advisors might be smart to sharpen their distribution-phase proposals to win those pre-retirees and 401k rollovers.   Read More: WealthTech Strategy Partners Blog   Door launches alternative assets due diligence capabilities to meet surging wealth management demand   Digital platform Door has expanded its capabilities to digitize and standardize the due diligence questionnaire process for alternative and private market investments. Standardizing the flow of information between fund managers and allocators reduces the operational friction that currently prevents many wealth firms from scaling their alternative asset allocations.   Knote:  Due diligence is one of the gating factors for Alts2Wealth and this is a step in the right direction. It doesn't perform the due diligence, but facilitates by digitizing and standardizing the due diligence questionnaire process. We believe the TAMPs will be the ones to drive due diligence and make the allocation decisions, in the short term, but we could see tools such as these helping to scale their processes (see our white paper TAMPs/DFMs: The Tip of the Alts2Wealth Spear). Our hope is that this will ultimately lead to an on-demand database of alternative manager data that can be screened and benchmarked.   Read More: WealthTech Strategy Partners Blog   Vanguard Latest Firm to Partner with and Invest in Avantos for Tech/Data Unification   Vanguard has become both a client and an investor in Avantos, an AI-driven orchestration startup that unifies disparate legacy software systems into a single interface. Vanguard’s backing of this middleware layer highlights the industry-wide struggle with legacy debt and the urgent need for tools that can harmonize fragmented data environments.   Knote: This is an excellent example of the double-benefit of seeking strategic investment. You not only get funding, you get a customer, if done correctly. It's a different kind of pitch than your typical funding pitch, though, and it can take a little longer because you have to sell your product first, then the investment.   Read More: WealthTech Strategy Partners Blog   Sphinx Raises $7.1M to Build Every Financial Institution's Last Compliance Hire   Compliance startup Sphinx has secured $7.1 million in seed funding to develop AI-native agents that automate anti-money laundering and know-your-customer surveillance tasks. By moving from rigid rules-based engines to adaptive AI agents, Sphinx offers a scalable solution for the middle-office functions that are increasingly burdened by complex regulatory data.   Read More: WealthTech Strategy Partners Blog

iAltA Holdings, a private markets infrastructure firm backed by WestCap, announced the acquisition of Delio. Delio is a prominent provider of white-label operating systems designed for the distribution and reporting of private market investments. This acquisition represents the third addition to the private markets vertical for iAltA, following previous deals for Verivend and Betterfront. The Delio Core OS provides configurable tools that allow asset managers and wealth firms to digitize their alternative investment workflows. The platform is currently utilized by more than 50 global financial institutions and serves 12,000 end clients across 18 regulatory jurisdictions. By incorporating this technology, iAltA intends to help firms maintain control over the client experience while improving transparency across the investment lifecycle. This transaction is part of a broader effort to address systemic challenges in the private market landscape for distributors and general partners. The partnership aims to create more effective solutions for market participants as demand for alternative assets continues to grow. This strategic move follows the recent acquisition of BridgeFT by the wealth focused vertical of iAltA. Knote: We have always loved what was going on at Delio, so now we love what is going on at iAlta. Everyone has Alts2Wealth on their 2026 roadmap. But Bill Sherman, Scott Ganeles, and Gareth Lewis seem to understand that after everyone gets their systems in place, the music will stop for the next 5-7 years since these systems are sticky. They plan to develop the end-to-end functionality and pure heft to be one of the ones left standing. In the last year, iAlta has acquired BridgeFT, Verivend, and Betterfront, quickly and quietly building what they hope will be the category-killing end-to-end Alts2Wealth platform. Link to Article

Docupace, a provider of back-office and compliance software for wealth management, has acquired InvestEdge, a compliance and surveillance platform for bank trust departments, RIAs, and BDs, to expand its regulatory technology capabilities. Alongside the acquisition, the firm appointed Brian Filanowski as its new chief executive officer. Filanowski, a veteran in data and analytics with experience at Dun & Bradstreet and Fitch Group, succeeds David Knoch. The move marks a significant leadership transition for the Genstar Capital-backed company as it seeks to integrate more advanced data solutions into its platform. The acquisition incorporates the ComplianceEdge platform into the existing suite of Docupace tools, which includes back-office automation and advisor workflows. InvestEdge currently serves over 100 financial institutions, including several of the largest banks and trust companies in the United States. This combined entity now oversees more than 750,000 investor accounts representing over $3.5 trillion in assets. The integration is designed to create a unified data fabric that supports automated supervision and surveillance across the wealth management enterprise. This strategic expansion addresses the mounting regulatory obligations and margin pressures facing the WealthTech industry today. By combining back-office operations with specialized compliance monitoring, the platform offers advisors and integrators a more streamlined approach to managing complex workflows. The enhanced capabilities are intended to facilitate more efficient onboarding and account reviews through embedded intelligence. This consolidated approach allows wealth management firms to scale their operations while maintaining rigorous oversight in an increasingly demanding regulatory environment. Knote: Effective compliance means automation & AI, and the more unified the platform the better. So, we are fans of this transaction. If they hook in the outside compliance consultants to remove even more from the CCO’s plate, it would be tears of joy. Link to Article

Ortolani, A. (2026, February 24). LPL, Anthropic Expand Work on AI Integrations. WealthManagement.com . https://www.wealthmanagement.com/artificial-intelligence/lpl-and-anthropic-of-claude-fame-have-expanded-relationship-on-ai-integrations LPL Financial has expanded its ongoing partnership with AI firm Anthropic to implement new advisor-centric integrations across its network of over 30,000 financial professionals. The collaboration centers on Anthropic’s recently launched "plug-ins" designed to provide broker-dealers and RIAs with a foundation for building customized, compliance-controlled AI tools. Anthropic executives emphasized that these building blocks allow firms to maintain ownership of their data while developing private plugins tailored to specific advisor needs. LPL stated that this expanded relationship is a key component of its long-term roadmap to deliver industry-leading technological capabilities to institutions and advisors. Wealth technology provider Orion also announced an expanded relationship with Anthropic to incorporate these new AI plug-in capabilities into its own strategy. The announcements follow recent market volatility where financial service stocks were impacted by investor concerns regarding AI's potential to disrupt traditional advisor value propositions. Firm leaders maintain that these agentic AI tools are intended to support and inform the advisor-client relationship rather than replace the human element of financial guidance.

Business Wire. (2026, February 24). april Launches AI Tax Platform for Wealth Management Firms . https://www.businesswire.com/news/home/20260224545942/en/april-Launches-AI-Tax-Platform-for-Wealth-Management-Firms The embedded tax technology company april has introduced an integrated AI platform specifically designed for wealth management and advisory firms. The solution provides financial advisors with real-time visibility into client tax workflows, relevant documents, and actionable financial insights. The platform utilizes an AI-powered tax engine to automate data collection by extracting and pre-filling information from uploaded documents and IRS records. Advisors can leverage specialized calculation tools to perform precise tax simulations for complex events such as equity compensation and Roth conversions. The technology enables wealth management firms to deliver tax analysis and services without the need to scale an internal tax practice. By centralizing documents and deadlines, the platform seeks to create a single source of truth for collaboration between advisors, tax professionals, and their clients. The system offers a flexible, usage-based pricing model that allows firms to utilize specific modules for tax planning, practice management, or filing. Knote: april continues its drive to put tax analysis into every financial decision, quarterbacked by the most logical person: the financial advisor. When we talk about Family Office as-a-Service, we always mention tax planning/coordinating as one of those services advisors and clients are looking for. I expect competition in this area will continue to heat up and advisors and clients will be the better for it.

LPL Financial (2025, February 24). LPL Financial and Simplicity Group form strategic relationship to deliver specialized insurance products, operational support, and comprehensive training to LPL advisors [Press release]. https://www.lpl.com/news-media/press-releases/lpl-financial-simplicty-group-form-strategic-relationship-to-deliver-insurance-products-operational-support-training-to-lpl-advisors.html LPL Financial and Simplicity Group have established a strategic relationship to provide LPL advisors with enhanced access to specialized insurance products and operational support. The collaboration integrates Simplicity’s insurance platform with LPL’s ecosystem to streamline the delivery of life insurance, long-term care, and disability solutions. Advisors will benefit from Simplicity’s advanced point-of-sale support, case design expertise, and comprehensive training programs. The initiative aims to help financial professionals better address the protection and estate planning needs of their clients through a more efficient digital workflow. Simplicity Group will offer dedicated resources to assist LPL advisors in navigating complex insurance underwriting and administrative processes. LPL continues to expand its platform capabilities by partnering with industry leaders to offer a broader range of wealth management tools. This relationship underscores the commitment of both firms to improving advisor productivity and enhancing the overall client experience in the insurance sector. MWnote: As fee compression pressures traditional asset-based revenue, a deeper integration of insurance solutions offers advisors the opportunity to diversify revenue streams while also addressing growing client demand for protection planning (which couldn't come at a better time now that Peak 65 is well underway).

Sherpas announced the closing of a $3.2 million seed funding round led by 1248, the family office of Mariner Wealth Advisors founder Marty Bicknell. Other participants included AUA Private Equity Capital and GoHub Ventures along with several strategic investors from the wealth management industry. This capital infusion arrives as advisory firms seek to modernize how financial advice is analyzed and delivered through the adoption of artificial intelligence. The company provides an AI-native operating layer designed to standardize the analytical foundation of financial advice. Rather than acting as a standalone planning application, the platform automates intake and scenario modeling to produce structured insights in minutes. This approach aims to remove the mechanical burden of manual analysis and fragmented tools that often lead to variability in client recommendations. As part of the funding, industry innovator Steve Lockshin will join the board of directors to help guide the growth of the infrastructure. The funds will be used to deepen decision frameworks across retirement and tax planning while expanding integrations with enterprise systems.

Chowdhry, A. (2026, February 19). Orion Expands Integration With DPL Financial Partners To Embed Commission-Free Annuities In Orion Connect . Pulse 2.0. https://pulse2.com/orion-expands-integration-with-dpl-financial-partners-to-embed-commission-free-annuities-in-orion-connect/ Orion and DPL Financial Partners have expanded their integration to embed annuity comparison and analysis tools directly into the Orion Connect platform. The update provides financial advisors with seamless, in-platform access to a marketplace of commission-free annuities and insurance solutions. Three specific DPL tools, including an Annuity Comparison Calculator and Guaranteed Income Analysis, are now integrated into the advisor workflow. These tools enable advisors to evaluate existing annuities against low-cost alternatives and model predictable retirement income outcomes for clients. The integration aims to eliminate the historical friction caused by using separate platforms and manual paperwork for insurance products. DPL supports the initiative with insurance-licensed agents, allowing advisors without specific licenses to incorporate these solutions into financial plans. This partnership allows annuities to be managed as fee-billable assets, effectively aligning them with the fiduciary model and holistic portfolio management. Knote: With more people turning 65 this year in the US, advisors might be smart to sharpen their distribution-phase proposals to win those pre-retirees and 401k rollovers.