HomeWealth ManagementWealthStack Roundup: Apex To Release Fractional Mounted Source of revenue Platform

WealthStack Roundup: Apex To Release Fractional Mounted Source of revenue Platform


Apex Fintech Answers introduced it could be launching a brand new fixed-income making an investment platform.

The soon-to-be-released platform seeks to permit funding in constant revenue via fractional company bonds and treasuries. The platform goals to provide retail traders get right of entry to to in the past unreachable fixed-income markets, which normally require huge industry sizes, upper minimal investments and different boundaries, in line with the corporate.

The platform is lately in building and is about to be launched later this 12 months. It was once evolved in collaboration with Second Generation. Companies which can be within the platform when it’s launched are actually in a position to sign up for a waitlist.

Apex Fintech Answers is the advisor-focused platform for the custody and clearing company that has at one time or every other sat at the back of robo advisors like Betterment and advisory platforms like Altruist.

Apex has constructed out its subtle functions in recent times to toughen impartial advisors, together with fractional percentage buying and selling, direct indexing, virtual account opening and virtual investment the usage of ACATS, amongst others.

Apex was once lately named a finalist in different classes on the 2023 WealthManagement.com Trade Awards together with Generation, Concept Management, CEO of the Yr, Consumer Onboarding/New Account Opening and Variety, Fairness and Inclusion.

Morgan Stanley At Paintings Launches New Charitable Giving Program

This system seeks to provide employers and staff the facility to donate to charity via a donor-advised fund platform. Corporations might open and organize their very own Company Giving Accounts at the platform and distribute giving credit to their staff, who might then give a contribution to charities in their opting for, in line with the corporate. This system additionally lets in staff to open their very own Person Giving Accounts.

In the back of this program is the Morgan Stanley World Affect Investment Believe, the similar charity because the DAF to be had to purchasers from Morgan Stanley Wealth Control’s Monetary Consultant-led channel. MS GIFT is an impartial 501(c)(3) group that supplies the company’s purchasers get right of entry to to a DAF, supporting organizations and different deliberate giving methods. Since launching in 2000, MS GIFT has facilitated over $5 billion in grants and now oversees $6 billion in AUM.

Morgan Stanley at Paintings could also be running with TIFIN Give—a platform for community-oriented DAFs, that is a part of TIFIN. Dr. Vinay Nair, founder and leader govt officer of TIFIN, said firms can now permit “charitable giving for his or her staff in some way that fosters each a way of network and social affect.”

Fashionable Lifestyles Provides Collaboration with John Hancock to Platform

The tech-enabled existence insurance coverage brokerage for advisors, Fashionable Lifestyles, introduced that customers of the platform will now have get right of entry to to John Hancock’s suite of insurance coverage methods, together with time period, everlasting and variable existence merchandise.

Which means the monetary advisors authorized to promote insurance coverage can use Fashionable Lifestyles’s virtual underwriting functions and end-to-end platform to generate quotes, put up programs, and organize in pressure insurance policies from John Hancock.

The totally virtual Fashionable Lifestyles platform helps everlasting and term-life insurance coverage, annuities and variable merchandise, long-term care insurance coverage and hybrid long-term care merchandise, is supposed to lend a hand advisors in finding the product that very best fits their shopper’s particular wishes.

The use of the platform, advisors request quotes for long-term care via a virtual and shareable shape that takes the friction out of extra conventional paper bureaucracy–based totally processes when amassing shopper knowledge.

In January the corporate introduced a distribution partnership with Pacific Lifestyles Insurance coverage Corporate; and Fashionable Lifestyles now works with greater than 25 of the country’s most sensible insurance coverage carriers. 

Fashionable Lifestyles introduced out of stealth in August 2022; its platform is authorized in all 50 states and supplies get right of entry to to the whole suite of insurance coverage merchandise, together with everlasting existence, time period existence, long-term care and incapacity.

Vyzer Raises $6.3M In Seed Investment

Vyzer, a portfolio monitoring and wealth control platform the usage of synthetic intelligence, introduced it had raised $6.3 million in seed investment.

Mission capitalists, angel traders and circle of relatives workplaces together with iAngels, Man Gamzu, MonetaVC, Jonathan Kolber and Rafi Gidron contributed to this quantity, in line with the corporate.

The AI-powered platform comprises options reminiscent of monetary research, complex making plans, monitoring, automatic knowledge control, analytics, peer benchmarking and forecasting. The peer benchmarking instrument makes use of the platform’s AI functions to offer purchasers with insights into funding methods, fund managers and an identical traders’ actions.

The finances will permit Vyzer to support the platform’s AI functions, broaden new options and increase its marketplace presence, in line with the corporate.

Vyzer has already collaborated with personal investor communities together with Left Box Buyers, Wealth With out Wall Side road, GoBundance and Personal Investor Membership.

The company was once co-founded by way of Litan Yahav, Tomer Salvi and Man Gamzu, and has workplaces in Israel and New York.

Pricing is divided into 3 tiers, with the starter pack being unfastened and together with as much as 3 portfolios, the plus plan is $29 per 30 days for as much as 15 portfolios and the top class plan is $79 per 30 days for as much as 120 portfolios, all billed annually.

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