Subscribe to receive timely notifications of WealthTech news, insights and announcements

A key theme emerged from The Wealth Mosaic’s US WealthTech Vendor Forum: strategic investors, particularly Corporate Venture Capital (CVC) arms, are increasingly at the helm of WealthTech's evolution. Kendrick Wakeman highlighted the strategic advantage of these investors: extensive resources, potential distribution, and their inherent understanding of the industry's pain points. This allows them to make laser-focused "tuck-in" acquisitions that directly address their needs, accelerating innovation and delivering immediate value. But you can’t just give them the standard VC pitch. It needs to be customized to the strategic market.  Nat Clarkson of Alpha Tech Partners, a "collective outsourced CVC," further explained how these units bridge the gap between strategic and financial investors. They offer a unique perspective, combining the specific needs of corporations with an understanding of broader market trends allowing them to identify solutions with the potential to scale beyond a single firm's requirements.  It's not just about understanding the problems; it's about demonstrating clear solutions and measurable ROI. As John Langston of Republic Capital Group emphasized, investors are increasingly demanding a return to the fundamentals. They want to see how solving "x" problem translates into "y" amount of dollars earned. This means moving away from chasing technology for technology's sake and focusing on addressing real market needs with practical, impactful solutions.  The trend towards "tuck-in" acquisitions reflects a broader shift in wealth management. As firms digitize and automate existing platforms, they're looking to expand their service offerings to existing clients. This creates opportunities for WealthTech companies that can provide innovative solutions to enhance client experience and drive revenue growth.  By combining their understanding of industry pain points with a focus on practical solutions and demonstrable ROI, corporate investors are playing a pivotal role in shaping the future of WealthTech.

Here is a link to some of the more interesting themes we see unfolding over the next 5+ years. For reference, they are: Family Office as-a-Service Self-Directed Trading as LeadGen "Next Gen" is Really Generation X (not Millenials) Prepping for Peak 65 (next year) Enhanced Outsourced Compliance Best and Worst Uses of AI Interest in Alternatives Rise of Corporate Venture Capital Future of TAMPs Enjoy. Updated as of June 5, 2025

Earlier this week, New York-based fintech Increase Alpha announced it has raised USD 3.5 million in seed financing to support the launch of its AI-based predictive engine for equity markets.   Increase Alpha’s offering focuses on generating predictive trading signals from public market data. Its platform, built around proprietary predictive AI (PAI) technology, seeks to deliver directional signals for hundreds of equities with minimal processing required from end users. The system is designed to integrate directly into institutional workflows, removing burdens around data handling, signal calibration, or internal model development. An academic write-up published recently claims the engine has produced excess returns over time with low correlation to benchmarks. The funding round was led by Bartt Kellermann, CEO of Battle of the Quants , and is expected to help Increase Alpha accelerate go-to-market efforts and expand institutional partnerships.  For advisors, platforms, and system integrators, this development matters because it signals a push toward commoditized, plug-and-play AI signaling that can be embedded into wealth and asset management stacks. Instead of building predictive models in house, firms might license or embed capabilities such as those from Increase Alpha, potentially lowering operational overhead, speeding innovation cycles, and intensifying competition in the signal-provider space.  Source: https://fintech.global/2025/10/08/fintech-firm-increase-alpha-raises-3-5m-for-ai-engine/

Focal, an AI platform for financial advisors, raised $5 million in seed funding led by Distributed Ventures and Wischoff Ventures. The capital will accelerate its expansion into workflow automation and AI-powered client meeting tools. Focal’s system converts meeting notes and client conversations into structured actions such as CRM updates, compliance tasks, and onboarding workflows, integrating with more than 130 advisor tools including Salesforce, Redtail, and Wealthbox. According to the firm, early users report saving up to 50 hours monthly and increasing client capacity by 30%. The company’s Azure-native framework ensures no personal data retention, addressing rising compliance scrutiny around AI use in wealth management. For advisors and platforms, Focal’s model highlights the measurable ROI of AI adoption in back-office automation, offering a benchmark for efficiency gains across the industry. https://finance.yahoo.com/news/ai-platform-focal-raises-5-100000451.html

SEI Investments (Europe) Limited (SIEL) has entered a strategic partnership with Graphene, a U.K. Infrastructure‑as‑a‑Service provider, and SEI’s venture capital arm has made a concurrent investment in Graphene. Under the alliance, Graphene will adopt the SEI Wealth Platform to power its wealth management infrastructure for clients including independent financial advisers, wealth managers, and family offices. Graphene’s business model enables firms to own and manage their platform experience and technology stack without building infrastructure internally. With SEI’s platform, Graphene clients can access institutional‑grade operations, data, and onboarding capabilities previously out of reach for smaller firms. From SEI’s side, aligning with Graphene offers access to segments of the U.K. and European wealth market that seek modular, scalable infrastructure. Executives from both firms emphasize the partnership’s ability to help independent advisory firms scale, differentiate, and retain control over their data and tech experience. For advisors, platforms, and systems integrators, this move matters because it reinforces a trend toward composable wealth stack models—where choosing components rather than monolithic platforms becomes a competitive imperative.

First Rate Ventures, the corporate venture arm of First Rate, Inc., has announced an investment and strategic partnership with Berlin-based Kapnative, a WealthTech platform scaling access to private market funds for wealth managers, family offices, and institutional investors. Founded in 2023, Kapnative uses AI-driven fund due diligence and compliance automation to reduce manual review time by up to 80%. The firm’s white-label platform allows advisors to seamlessly allocate to private funds, with integrated tools for memos, training, and capital calls. It already serves clients representing over €11 billion in assets across German-speaking markets. The partnership will see the deployment of Kapnative’s “Alternatives Underwriting Agent” in collaboration with First Rate’s Professional Services team, aimed at accelerating AI-enabled product development and cross-market WealthTech applications. For advisors and platforms, the collaboration underscores growing momentum toward intelligent infrastructure for alternative investments. Knote----- Another strategic partnership and investment to help drag the Alts2Wealth movement forward. When you really think through what needs to happen for Alts2Wealth to become a scaled reality, due diligence is high on the list. In the case of alternatives, it’s pretty clear to us that AI is going to need to be central to the solution. Link to Article

Raise Financial, the parent company behind Indian trading app Dhan, has secured $120 million in a funding round led by Hornbill Capital, pushing its valuation to approximately $1.2 billion. Participants in the round include Japan’s MUFG, Beenext, and several prominent family offices and public‑market investors including Ramesh Damani, DSP Family Office, JM Financial Family Office and Aashish Somaiyaa. Dhan offers a digital brokerage and investment platform targeted at active retail traders and newer investors alike. It provides equity, ETF, and derivatives trading across Indian exchanges and integrates with third‑party tools to enhance trading and investment workflows. The firm also operates under a broader fintech umbrella, with AI and educational products in development. With this capital infusion, Dhan plans to scale its technology stack, expand omnichannel distribution, deepen its AI capabilities, and grow its margin‑trading funding book. For advisors, platforms, and integrators, the development underscores intensifying competition in wealthtech adjacent to brokerage services, and points to deeper partnerships or challenges in integrating with trading infrastructure in markets where digital brokerage and advice converge. Knote------- Another example of the tremendous growth in Indian self-directed trading platforms. Dhan has 2-3x revenues each year for the last three years, is projected to have over $100mm ARR this year, and is turning a profit of around $17.5mm. And they are still nowhere near catching up with Groww. I will also point out that the valuation on the deal was 12x revenue. We expect them to head down the Robinhood path and start diversifying into advice, which is sorely needed in India. Link to Article

Carta has acquired Accelex, an AI-enabled data automation platform for institutional limited partners, in a move to bolster its capabilities in alternative-asset portfolio analytics. The deal lets Carta embed Accelex’s capabilities into a new LP Portfolio Analytics suite, enabling LPs to automate document collection, standardize data extraction from multiple sources, and accelerate portfolio-level insights.   Carta, known for its private capital software that serves founders, GPs, and SPVs, will now expand more deeply into serving LPs. Accelex, founded by Franck Vialaron and Michael Aldridge, has specialized in transforming unstructured investment documents into structured, audit-ready data across complex private-market allocations.   For advisors, platforms, and system integrators, this matters because it pushes further automation and standardization into a historically fragmented data layer in alternative investments. It may reduce manual reporting burdens, simplify GP/LP communication workflows, and create a more unified data infrastructure across private capital ecosystems. In particular, integrators and platforms that support fund reporting or data aggregation may need to interface or compete with Carta’s expanded offerings in LP analytics.   Knote------ It’s not just the strength of the Alts2Wealth drive, it’s the velocity. Since the beginning of the year we have seen over 40 major Alts2Wealth initiatives launched or announced and I am hearing many more have it on their 2026 roadmap at this point. We don’t see velocity like that much in our supposedly slow-moving industry. Link to Article

Arch has secured $52 million in a Series B round to scale its private markets infrastructure tools. The funding will support product expansion, particularly a feature called Arch Pay, as well as development of real-time reporting, automation of capital calls, and enhanced workflow across document collection and data aggregation.     The round was led by Oak HC/FT, with participation from existing investors Craft Ventures, Quiet Capital, and Menlo Ventures among others. Arch already serves more than 450 allocators globally, including about 150 single-family offices and 100 RIAs/multi-family offices, as well as large private wealth teams and family offices. For advisors and wealth platforms handling alternative/private assets, manual tasks like collecting K-1s, tracking performance, managing capital calls, and pulling information from disparate portals remain costly and error-prone.     Arch’s enhancements offer tools to automate much of that work: streamlining reporting, workflow, and payment flows. Integration-friendly features (APIs, real-time data) help platforms or integrators embed or partner without reinventing core infrastructure. This funding push signals increasing institutional demand for cleaner, more efficient private markets operations.   Link to Article

Wealthfront, a Palo Alto–based fintech, has filed with the Securities and Exchange Commission to go public. The 17-year-old firm manages automated investment portfolios and interest-bearing cash accounts for 1.3 million clients, with $88 billion in total assets under management. Historically focused on higher-earning millennials, its average client is 38 years old with income above $100,000.    In the year ending July 2025, Wealthfront generated $339 million in revenue, a 26 percent increase, while reporting $123 million in profit. Its largest shareholders include founder Andy Rachleff, CEO David Fortunato, and investment firms Tiger Global, DAG Ventures, Index Ventures, and Ribbit Capital.    The company began in 2008 as KaChing, later pivoting to robo-advising and cash accounts. Today, it earns revenue through a 0.25 percent advisory fee and spreads on cash balances. Wealthfront is expanding into mortgages, with licenses in five states and plans to offer below-market rates, signaling continued product diversification for advisors, platforms, and integrators monitoring retail wealth trends.

We believe TAMPs/OCIOs and their international equivalents (MPS, DFMs, MAs, etc) are the key players in bringing the democratization of alternative investments to reality in the wealth management channel (Alts2Wealth). Here are the topics we cover: Scale & Reach Specialized Expertise Model/UMA Governance Compliance Alts Infrastructure Workflow Automation Advisor Enablement Aggregated Bargaining Power Already Happening Read the full report here: [ Français] [Deutsch] [ Español]

Broadridge Financial Solutions has struck a strategic partnership and made a minority investment in WealthFeed, a cloud-based platform offering AI-driven lead generation and client-nurturing tools for financial advisors. The deal will align WealthFeed’s prospecting engine and “money-in-motion” insights with Broadridge’s AdvisorStream marketing platform, enabling integrated workflows to identify and engage prospects when they undergo meaningful financial life events. Under the agreement, AdvisorStream will become a core component of WealthFeed’s SaaS offering for RIAs, independent advisors, and advisory enterprises. Broadridge’s InvestorView data will be infused into WealthFeed’s datasets, enhancing its predictive capabilities around prospects’ investable assets. The partnership expands Broadridge’s fintech ecosystem, which already includes integrations with firms such as Salesforce, Uptiq, YourStake, and Wix. For advisors, platforms, and systems integrators, the combined offering matters because it addresses fragmentation across prospecting, content delivery, and nurturing by embedding them into a unified workflow. The integration promises to simplify client acquisition, improve targeting precision, and streamline operational efficiency in wealth management. Knote------- Tears of joy over here. We have been fans of WealthFeed for quite some time. Growth-minded advisors know that money-in-motion is a highly productive foraging area. WealthFeed's solution has always impressed us in this regard and, combined with AdvisorStream and Broadridge's unique data sets, we see the potential for a killer platform. I really hope they will let me be one of their first demos. I will also point out this is yet another excellent example of the industry heavyweights partnering with startups to pull the industry forward. Another recent example is iCapital's strategic partnership with and investment in Tangible Link to article