Home Wealth Management WealthStack Roundup: Apex To Launch Fractional Mounted Earnings Platform

WealthStack Roundup: Apex To Launch Fractional Mounted Earnings Platform

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WealthStack Roundup: Apex To Launch Fractional Mounted Earnings Platform

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Apex Fintech Options introduced it will be launching a brand new fixed-income investing platform.

The soon-to-be-released platform seeks to permit funding in fastened revenue via fractional company bonds and treasuries. The platform goals to provide retail buyers entry to beforehand unreachable fixed-income markets, which normally require giant commerce sizes, increased minimal investments and different limitations, based on the corporate.

The platform is at present in improvement and is about to be launched later this yr. It was developed in collaboration with Second Know-how. Corporations which might be within the platform when it’s launched at the moment are capable of be part of a waitlist.

Apex Fintech Options is the advisor-focused platform for the custody and clearing agency that has at one time or one other sat behind robo advisors like Betterment and advisory platforms like Altruist.

Apex has constructed out its subtle capabilities in recent times to help impartial advisors, together with fractional share buying and selling, direct indexing, digital account opening and digital funding utilizing ACATS, amongst others.

Apex was just lately named a finalist in a number of classes on the 2023 WealthManagement.com Trade Awards together with Know-how, Thought Management, CEO of the Yr, Shopper Onboarding/New Account Opening and Variety, Fairness and Inclusion.

Morgan Stanley At Work Launches New Charitable Giving Program

This system seeks to provide employers and workers the flexibility to donate to charity via a donor-advised fund platform. Firms could open and handle their very own Company Giving Accounts on the platform and distribute giving credit to their workers, who could then contribute to charities of their selecting, based on the corporate. This system additionally permits workers to open their very own Particular person Giving Accounts.

Behind this program is the Morgan Stanley World Impression Funding Belief, the identical charity because the DAF out there to purchasers from Morgan Stanley Wealth Administration’s Monetary Advisor-led channel. MS GIFT is an impartial 501(c)(3) group that gives the agency’s purchasers entry 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 Work can also be working with TIFIN Give—a platform for community-oriented DAFs, that’s a part of TIFIN. Dr. Vinay Nair, founder and chief govt officer of TIFIN, acknowledged corporations can now allow “charitable giving for his or her workers in a approach that fosters each a way of group and social influence.”

Trendy Life Provides Collaboration with John Hancock to Platform

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

Which means that the monetary advisors licensed to promote insurance coverage can use Trendy Life’s digital underwriting capabilities and end-to-end platform to generate quotes, submit functions, and handle in power insurance policies from John Hancock.

The totally digital Trendy Life 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 assist advisors discover the product that greatest matches their shopper’s particular wants.

Utilizing the platform, advisors request quotes for long-term care via a digital and shareable kind that takes the friction out of extra conventional paper varieties–based mostly processes when accumulating shopper information.

In January the corporate introduced a distribution partnership with Pacific Life Insurance coverage Firm; and Trendy Life now works with greater than 25 of the nation’s prime insurance coverage carriers. 

Trendy Life launched out of stealth in August 2022; its platform is licensed in all 50 states and gives entry to the complete suite of insurance coverage merchandise, together with everlasting life, time period life, long-term care and incapacity.

Vyzer Raises $6.3M In Seed Funding

Vyzer, a portfolio monitoring and wealth administration platform utilizing synthetic intelligence, introduced it had raised $6.3 million in seed funding.

Enterprise capitalists, angel buyers and household places of work together with iAngels, Man Gamzu, MonetaVC, Jonathan Kolber and Rafi Gidron contributed to this quantity, based on the corporate.

The AI-powered platform contains options akin to monetary evaluation, superior planning, monitoring, automated information administration, analytics, peer benchmarking and forecasting. The peer benchmarking instrument makes use of the platform’s AI capabilities to offer purchasers with insights into funding methods, fund managers and comparable buyers’ actions.

The funds will allow Vyzer to reinforce the platform’s AI capabilities, develop new options and broaden its market presence, based on the corporate.

Vyzer has already collaborated with non-public investor communities together with Left Subject Buyers, Wealth With out Wall Road, GoBundance and Personal Investor Membership.

The agency was co-founded by Litan Yahav, Tomer Salvi and Man Gamzu, and has places of work in Israel and New York.

Pricing is break up into three tiers, with the starter pack being free and together with as much as three portfolios, the plus plan is $29 monthly for as much as 15 portfolios and the premium plan is $79 monthly for as much as 120 portfolios, all billed yearly.

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