Welcome to the October 2025 problem of the Newest Information in Monetary #AdvisorTech – the place we have a look at the massive information, bulletins, and underlying traits and developments which are rising on this planet of know-how options for monetary advisors!
This month’s version kicks off with the information that Origin has launched a brand new, direct-to-consumer “AI monetary advisor” that provides recommendation on budgeting, offers funding suggestions, and creates future planning projections and suggests methods, all for $1 for the primary 12 months and $99 thereafter – however whereas Origin is unlikely to threaten human advisors (because it’s primarily geared in direction of DIYers who would not be more likely to rent a human advisor to start with) the massive query is whether or not will probably be capable of resolve the consumer acquisition price drawback that has beleaguered many low-cost planning instruments previously (together with the robo advisors of the 2010s)
From there, the most recent highlights additionally function a variety of different fascinating advisor know-how bulletins, together with:
- Lengthy-running fairness compensation software program StockOpter has been acquired by Grantd, a brand new startup that plans to refresh StockOpter’s software program with a extra trendy, AI-driven interface – which can be extra about buying StockOpter’s current consumer base and information than it’s in regards to the software program itself
- Rebalancing platform RedBlack is being relaunched within the U.S. six years after being acquired by the asset supervisor Invesco (and being subsequently folded into the primarily UK-focused Intelliflo platform), bringing again what’s now one of many solely standalone rebalancing instruments available on the market – elevating questions on whether or not RedBlack will discover a particular area of interest focus not served by extra complete portfolio administration platforms like Orion, or whether or not that is merely the prelude to a different acquisition that may incorporate RedBlack into one other all-in-one resolution?
- AI-powered prospecting device Wealthfeed has introduced a strategic partnership with Broadridge, which can take a minority stake in Wealthfeed and incorporate its AdvisorStream advertising and marketing automation instruments throughout the Wealthfeed platform – which on one hand is sensible as a partnership that permits advisors to each determine and vet prospects and subsequently market to them as nicely (since not all of them are more likely to say “sure” straight away), however then again means that the marketplace for standalone prospecting instruments is getting crowded sufficient that there’s strain so as to add options, companion with different options, and (maybe) in the end be acquired by extra complete advertising and marketing platforms
Learn the evaluation about these bulletins on this month’s column, and a dialogue of extra traits in advisor know-how, together with:
- How standalone advisor-specific AI notetakers are starting to expertise worth compression amid the debuts of Altruist’s Hazel and Wealthbox’s built-in AI notetaker, each of that are promoting at round $50 in comparison with the $120+ initially charged by standalone instruments – main instruments like Bounce and Zocks to introduce lower-cost “fundamental” pricing tiers and pack extra options into their premium choices to justify their ongoing worth within the face of cheaper options
- How Slant is creating a brand new CRM that goals to make use of AI to assist advisors construct higher consumer relationships, from surfacing “reminiscences” of key consumer data at opportune moments to sending “nudges” to the advisor to observe up on urgent duties to together with its personal built-in AI notetaker – displaying how, by utilizing the issues that AI is sweet at, an AI-native CRM might be centered round truly managing consumer relationships relatively than merely storing information
And make certain to learn to the tip, the place we have now supplied an replace to our standard “Monetary AdvisorTech Options Map” (and in addition added the adjustments to our AdvisorTech Listing) as nicely!
*To submit a request for inclusion or updates on the Monetary Advisor FinTech Options Map and AdvisorTech Listing, please share data on the answer on the AdvisorTech Map submission type.
