Welcome to the November 2025 difficulty of the Newest Information in Monetary #AdvisorTech – the place we have a look at the large information, bulletins, and underlying traits and developments which might be rising on the planet of know-how options for monetary advisors!
This month’s version kicks off with the information that RightCapital has introduced a brand new function to streamline the method of switching monetary planning software program platforms by scanning uploaded PDF planning paperwork from eMoney and robotically importing the info into RightCapital (whereas for its half, eMoney has revealed that it has quietly been utilizing the identical know-how to import consumer plans into its platform for the final 12 months) – which on the one hand is notable in that it addresses a serious ache level insofar as switching prices could be a main hurdle for advisors in switching to a distinct (and higher) software program answer, but additionally raises the query of why AdvisorTech suppliers are selecting to spend money on instruments designed to decrease the (largely self-imposed) price of switching, reasonably than merely making it simpler for advisors to export and migrate their purchasers’ knowledge and investing extra into enhancing their instruments’ core capabilities as an alternative?
From there, the most recent highlights additionally function various different attention-grabbing advisor know-how bulletins, together with:
- Advyzon has introduced the upcoming launch of a brand new monetary planning providing to enrich its portfolio administration and CRM instruments, elevating questions on whether or not it could possibly proceed its run of extremely rated software program choices, or if it should repeat the struggles encountered by different “all-in-one” suppliers in getting all of their elements so as to add as much as greater than the sum of their components
- Monetary planning software program supplier Components has reportedly been foreclosed on by its collectors and can seemingly be both offered to a brand new proprietor or shut down completely – which on the one hand mirror Components’ failure to articulate a transparent worth proposition for itself to advisors after quite a few adjustments in its advertising pitch, however at a extra elementary stage is indicative of how “planning mild” instruments wrestle to unravel the issues that purchasers truly rent their advisors to unravel
- A number of high-profile former AdvisorTech founders have teamed as much as launch Hamachi, a brand new software for rapidly producing AI-created e-mail responses to purchasers’ funding questions – which raises the query of whether or not the time spent writing an e-mail in response to a consumer query is healthier thought of as an funding within the consumer relationship (and due to this fact definitely worth the time spent), or if it may very well be spent extra productively on different duties (by which case it is higher to automate away)?
Learn the evaluation about these bulletins on this month’s column, and a dialogue of extra traits in advisor know-how, together with:
- AI notetaker Bounce has introduced its acquisition of the human-driven assembly transcription service Cell Assistant, representing a shift to a brand new enterprise capital-fueled growth-by-acquisition technique by Bounce to consolidate its market share in an more and more aggressive AI notetaker market (and signaling to different notetakers that point could also be working out to realize traction, or else pivot to a distinct technique or maybe be acquired themselves)
- Dispatch, a “knowledge orchestration” answer for advisory companies, has raised $18M in Sequence A funding, suggesting that their answer for syncing consumer knowledge throughout a number of know-how instruments (with no need to depend on point-to-point integrations or costly knowledge warehousing instruments) may very well be gaining traction
And be sure to learn to the tip, the place now we have supplied an replace to our common “Monetary AdvisorTech Options Map” (and likewise 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 kind.
