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Robinhood has launched a new mortgage offering for its Gold subscribers through an exclusive collaboration with Sage Home Loans, a digital-first mortgage lender. Eligible Robinhood Gold members can now access discounted mortgage rates up to 0.75% below the national average, along with a $500 closing credit for home purchases or refinances. The offer, available directly within the Robinhood app, builds on a summer pilot and reflects both firms’ focus on leveraging technology to lower costs and simplify complex financial processes. Sage’s data-driven lending platform powers the experience, guiding borrowers through each step of home financing with improved transparency and reduced friction. The company’s mission to make homeownership more accessible through technology aligns with Robinhood’s broader goal of democratizing finance. Together, the two firms are using digital infrastructure to connect investors’ financial growth with real-world milestones such as buying a home, broadening how fintechs can support wealth creation across income levels. This collaboration also highlights the “Family Office as-a-Service” theme emerging across WealthTech. Once the exclusive domain of ultra-high-net-worth families, family office functions like liability optimization, lending, and cash management are now moving down-market through technology. By integrating home lending into a retail investing app, Robinhood and Sage are helping everyday investors access traditionally high-touch financial services and bringing the benefits of holistic financial management closer to mass-affluent households. Link to Article

FundApps and SteelEye have announced their merger, creating a combined RegTech firm offering end-to-end compliance capabilities across the buy and sell sides. The transaction, backed by an additional equity investment from FundApps investor FTV Capital, aims to deliver a single solution that integrates surveillance, monitoring, reporting, and analytics into one comprehensive compliance platform. The merger brings together FundApps’ regulatory reporting expertise and SteelEye’s trade and communications surveillance tools to provide greater transparency, automation, and control for financial institutions. The unified business will serve 350 clients spanning asset managers, hedge funds, banks, and commodities firms across 18 countries, with combined annual recurring revenue of nearly £50 million. FundApps founder and CEO Andrew Patrick White described the merger as “a transformative step” that eliminates the fragmentation of compliance technology by consolidating key capabilities under one roof. SteelEye CEO Matt Smith highlighted the firms’ shared goal of “empowering financial institutions through data-driven innovation,” noting the global scale the partnership enables. This merger directly advances the Enhanced Outsourced Compliance theme in WealthTech, which points to a growing demand for scalable, technology-enabled compliance services. As RIAs and financial institutions look to outsource not only consulting but also real-time surveillance and regulatory monitoring, the FundApps–SteelEye combination provides the scale and integrated infrastructure needed to deliver on that vision. Link to article

Morgan Stanley has announced an agreement to acquire EquityZen, a leading marketplace for pre-IPO investments. The move strengthens the firm’s leadership in private markets and builds on its ecosystem of services for private companies and shareholders. By integrating EquityZen’s issuer-aligned trading model with Morgan Stanley’s cap table and liquidity solutions, the firm aims to deepen its relationships with private companies while providing wealth clients and workplace participants broader access to private shares. EquityZen, founded in 2013, connects shareholders of private companies with accredited investors and has completed more than 49,000 transactions across nearly 500 companies. Its integration into Morgan Stanley’s Wealth Management division will enable issuers to manage when and how their shares trade, giving them greater control over liquidity events. The acquisition complements Morgan Stanley’s recent partnership with Carta and aligns with its strategy to deliver comprehensive, end-to-end private market services. This acquisition directly supports the Alts2Wealth theme, which reflects the surge in alternative investment initiatives across the wealth management industry. As more advisors seek differentiated offerings through access to private markets, Morgan Stanley’s integration of EquityZen positions the firm to meet growing client demand for liquidity, transparency, and diversification in alternatives. The deal, expected to close in early 2026, highlights how technology-driven platforms are transforming access to private investments for wealth clients. Link to Article

While this report comes a few weeks after the October 15 transaction, the deal’s implications for the WealthTech landscape remain significant and worth a closer look. S&P Global has agreed to acquire With Intelligence, a leading provider of data and intelligence on the global asset management industry, from Motive Partners for approximately $1.8 billion in cash. The acquisition, expected to close in the first half of 2025 subject to regulatory approvals, strengthens S&P Global’s position in private markets data, particularly across hedge funds, private equity, and real assets. With Intelligence serves more than 3,000 customers worldwide, including asset managers, allocators, and service providers.  The transaction will expand S&P Global Market Intelligence’s coverage of alternative investments, complementing its existing capabilities in public markets, credit ratings, and risk analytics. S&P said the acquisition aligns with its strategy to provide integrated, data-driven intelligence across public and private capital markets. The move also highlights continued consolidation among financial data providers seeking broader visibility across all asset classes.  Upon completion, With Intelligence will operate within S&P Global Market Intelligence, supported by its data, research, and technology infrastructure. S&P expects the integration to accelerate product innovation and deepen client insights in fast-growing private markets. Motive Partners, which acquired With Intelligence in 2021, said the sale validates its focus on building scalable financial technology platforms. The acquisition underscores how demand for reliable private markets data continues to rise as investors and advisors seek transparency and performance benchmarking across alternative assets.  Link to Article

Kendrick Wakeman, CFA, Co-Founder and CEO of WealthTech Strategy Partners, spoke at Suffolk University Business School in October 2025 on how tech, regulation, and demographics are reshaping wealth management.  WTSP believes WealthTech is entering a transformative era, driven by smarter technology, demographic change, and the convergence of institutional and retail models.  Generation X now sits at the center of the wealth ecosystem, already in their peak earning and inheritance years and demanding digital fluency, transparency, and personalized service.  Family Office-as-a-Service extends high-touch planning tax, estate, and lending to the mass-affluent through scalable technology.  AI’s greatest value lies in augmenting advisors through personalization, compliance, and client engagement, not in replacing human advice.  The “Alts 2 Wealth” movement is opening private investments to smaller investors, though transparency and liquidity remain key challenges.  A wave of corporate venture capital is giving major financial firms direct exposure to innovation while influencing their strategic roadmaps.  With TAMPs and outsourced compliance tech accelerating, WealthTech is fast becoming the operating system of modern wealth management.

Technology infrastructure firm Cybrilla has raised an undisclosed pre-Series A funding round from 360 ONE Asset, Peak XV, and Groww through Groww’s early-stage venture strategy. The funds will expand Cybrilla’s product roadmap, strengthen integrations with asset management companies and distributors, and support operations. The company helps launch products for more than 25 asset managers and supports distributors, and wealth-tech providers through their 'Wealth OS' system. As wealth platforms and asset managers modernize their operations, the need for scalable and compliant infrastructure continues to grow. Cybrilla’s solution helps fill that gap by connecting product creation, compliance, and distribution workflows, reducing operational complexity and improving speed to market. For Groww and 360 ONE Asset, the investment highlights how both firms are using venture capital to influence the future of wealth infrastructure. Groww, which has raised nearly $600 million, continues to invest across the WealthTech ecosystem through acquisitions such as Fisdom and prior mutual fund ventures. While 360 ONE can often act more like a venture firm through its $6 billion private markets platform, participation from Groww signals how active WealthTech players are increasingly stepping into the investor role to shape the tools and infrastructure they rely on every day. Link to Article

Reseda Group, a credit union service organization wholly owned by MSU Federal Credit Union, has partnered with Oregon-based Maps Credit Union to acquire Pocketnest, an AI-driven financial wellness platform. The move positions the technology as a central tool for helping credit unions deliver personalized financial education and actionable insights to their members. According to Reseda Group CEO April Clobes, the acquisition reflects a shared goal to make banking more accessible through AI-powered innovation that supports long-term member success. Pocketnest’s platform leverages behavioral science and generative AI to provide personalized guidance across budgeting, debt management, estate planning, and other key areas of financial life. Maps Credit Union President Mark Zook emphasized that the partnership enhances the member experience by embedding financial wellness into the core of the credit union relationship. Pocketnest has shown measurable results, increasing financial wellness by 57% on average while uncovering millions in cross-sell revenue opportunities for institutions. Pocketnest also has a history of serving employers and employees through workplace wellness programs. As strategic buyers Reseda Group and Maps Credit Union begin shaping the company’s next chapter, it will be interesting to see whether those workplace-focused offerings reemerge or if Pocketnest’s future will remain rooted entirely in member-centric banking. Link to Article

Uptiq.ai has raised $12 million in new funding to accelerate the adoption of its flagship platform, Qore, and expand access to advanced AI capabilities for financial institutions of all sizes. The round was led by Silverton Partners with participation from Live Oak Venture Partners, Tau Ventures, First Capital, and Green Visor Capital. The funding reflects increasing investor confidence in AI-native infrastructure built specifically for regulated financial services. Founded by Snehal Fulzele, Uptiq.ai provides an enterprise-grade, composable AI platform designed to help banks, credit unions, and wealth managers develop and deploy financial applications quickly, securely, and in compliance with regulations. The company’s Qore platform aims to serve as a foundational AI layer for the industry, enabling institutions to innovate without replacing legacy systems or compromising data governance. The new investment will support Uptiq’s plans to scale distribution, deepen integration partnerships, and expand global engineering and customer success teams. CEO Fulzele said the company’s mission is to make AI innovation “composable, compliant, and massively scalable,” positioning Qore as the default AI infrastructure for financial institutions worldwide. Investors noted Uptiq’s unique balance of technological sophistication and regulatory understanding as key to driving responsible AI adoption across the financial ecosystem. Link to Article

October 30, 2025 - WealthTech Strategy Partners announced today that Gib Watson, CIMA, a former Vice-Chairman of Envestnet, has joined the firm as a Senior Advisor. Watson will play a key role in advancing the firm’s deal execution capabilities and deepening its strategic impact across the WealthTech ecosystem. With more than 40 years of experience in financial services and technology, Watson brings a distinguished record of leadership and innovation in asset management, wealth management, consulting, and platform development. Apart from Envestnet, Watson has held senior executive roles at leading firms including Trident Wealth Management Consulting, LLC (Managing Partner), Swan Global Investments (Chief Strategy Officer), Prima Capital Holding, Inc. (Founder, President, and CEO), KPMG US (National Managing Director), and AMG National Trust Bank (Vice President). His experience spans strategic consulting, product innovation, and M&A execution across multiple segments of the wealth management industry. “Gib’s combination of strategic insight, operational experience, and industry relationships is unmatched in the WealthTech space,” said Kendrick Wakeman, CEO and Co-Founder of WealthTech Strategy Partners. “His leadership across some of the most respected firms in our industry makes him an invaluable addition to our advisory team. We’re thrilled to have him on board as we continue to expand our role in helping WealthTech companies achieve successful outcomes and sustainable growth.” “The pace of change in the wealth management industry is creating opportunities for entrepreneurs, industry veterans, and investors alike. I’m excited and honored to join the talented WealthTech Strategy Partners team to help our clients gain a competitive edge and achieve strategic success,” said Watson. Watson holds an MBA and an MA from Wake Forest University, a BA from Lafayette College, and is a Certified Investment Management Analyst (CIMA) through the Investments & Wealth Institute.

Toronto-based fintech Wealthsimple has secured CAD $750 million (approximately USD $538 million) in new equity funding, led by Dragoneer Investment Group and GIC, valuing the company at about USD 7.2 billion. The round included a CAD 550 million primary raise and a secondary offering of up to CAD 200 million, with participation from ICONIQ, IGM Financial, Greylock, Meritech, Power Corporation of Canada, and new investor CPP Investments.  Founded in 2014, Wealthsimple offers a comprehensive suite of digital wealth products encompassing investing, trading, tax filing, saving, and advisor services. Wealthsimple has consistently set the pace for innovation in Canadian finance and reimagined how Canadians build wealth. The company broke down barriers to the markets for a new generation of investors with its managed and self-directed investing platforms and led the charge on many investing firsts for the country including commission-free trading, regulated crypto trading and 24/5 trading. The platform currently serves three million Canadian users and has doubled its assets under administration to CAD 100 billion in the past year. The company’s product roadmap includes expanding across investing, spending, and credit, highlighted by the launch of its first credit card and the acquisition of start-up Fey to enhance its investing experience.  Wealthsimple’s latest funding marks a significant step in its evolution from a digital brokerage into a full-service wealth platform. By integrating investment management, cash flow tools, and credit offerings, the company continues to blur the lines between traditional financial institutions and modern fintechs, positioning itself as a central hub for clients seeking an all-in-one financial experience.  Link to Article

Envestnet has announced the launch of new Manager Models incorporating interval funds from BlackRock and Franklin Templeton, giving advisors streamlined access to alternative investments through its platform. The models will be available via Envestnet PMC and are designed to bring institutional-quality diversification into managed portfolios, combining liquidity features with exposure to private market style strategies.  This expansion underscores Envestnet’s commitment to embedding alternatives within traditional advisory workflows. Interval funds, which allow periodic redemptions and simplified operational handling, have become a preferred entry point for advisors seeking alts exposure without the complexities of private fund administration. By collaborating with two of the industry’s largest asset managers, Envestnet aims to make alternatives more accessible, transparent, and scalable for wealth firms serving mass-affluent and high-net- worth clients alike.  Across the WealthTech landscape, more than 20 wealth management and asset management firms have introduced new initiatives to expand advisor and client access to alternative investments in 2025. Turnkey Asset Management Platforms (TAMPs) are integrating dedicated alts sleeves to simplify private market exposure to lower investment minimums and improve liquidity. Some examples of this surge are listed below:  Envestnet:  Launched new Manager Models featuring interval funds from BlackRock and Franklin Templeton to mainstream alts within managed portfolios.  Goldman Sachs:  Expanded its Alternative Investment Platform for RIAs, offering tokenized feeder funds and lower investment minimums.  iCapital:  Introduced a unified Private Markets Exchange enabling direct advisor access to private equity, credit, and real assets.  Orion Advisor Solutions:  Added an Alts Sleeve Builder within its portfolio management system, integrating due diligence and allocation tools.  CAIS:  Partnered with Mercer to deliver institutional research and education modules to advisors offering alternative products.  Together, these initiatives signal a turning point in WealthTech, as alternatives move from specialist products to foundational elements of diversified portfolios. The firms leading this wave are redefining how advisors deliver institutional-quality strategies to a broader investor base.  Link to Article

Dynasty Financial Partners has made a minority investment in Grantd, an AI-powered platform that helps advisors and employees manage corporate stock holdings and equity compensation. The move signals Dynasty’s growing interest in technology that supports advisors working with clients whose wealth is increasingly tied to company stock. Grantd recently acquired StockOpter, a well-known provider of equity compensation planning tools, and is integrating its capabilities to enhance tax-efficient decision-making for advisors and their clients. Alongside the investment, Dynasty has welcomed Brian McDonald, former executive at Morgan Stanley and Charles Schwab, as a senior advisor. McDonald, who launched Grantd earlier this year, brings extensive experience in workplace financial solutions and advisor technology. Dynasty CEO Shirl Penney said McDonald’s guidance will be central to expanding the firm’s equity compensation capabilities and advancing the evolution of the independent RIA space. Dynasty’s investment exemplifies the Rise of Corporate Venture Capital (CVC)  theme, where wealth management firms use strategic minority stakes to secure early access to innovation and influence future product development. Though not a formal CVC arm, Dynasty’s approach mirrors the model of deploying capital to gain insights, strengthen advisor tools, and build a pipeline of potential partnerships. Link to Article