Orion Launches ChatGPT Integration: Tech Roundup
The four ActivePassive ETFs being offered — the ActivePassive U.S. Equity ETF (APUE), ActivePassive International Equity ETF (APIE), ActivePassive Core Bond ETF (APCB) and ActivePassive Intermediate Municipal Bond ETF (APMU) — include passive and factor-based exposures managed by Envestnet, as well as active exposures the firm said are managed by third-party industry-known investment managers that are “carefully vetted by PMC’s research team.”
The ETFs, available in the ActivePassive PMC ETF Portfolios and Envestnet | PMC’s ActivePassive multi-asset model portfolios, have been offered to implement the views of the models’ portfolio managers in a tax-efficient way with no additional management fee.
FMG Teams With Riskalyze
During Tuesday’s webcast in which Riskalyze announced it changed its brand name to Nitrogen, Samantha Russell, chief evangelist at FMG Suite, disclosed that the two companies are building an integration that advisors had been requesting for a long time.
“We’ve heard this request over and over and we’re so excited to announce that the Risk Number and Lead Gen Questionnaire will very soon be in the FMG Content Library and also available as a widget on your website,” she said.
Users will be able to “create emails and social posts featuring your unique link, and we are thrilled to unveil it for all of you soon,” Russell told viewers, adding: “This will be the first integration in the next chapter of the Growth Platform era, and we couldn’t be more excited to partner with Riskalyze on this.”
JPMorgan Taps Vestwell
Vestwell on Thursday said it is rapidly expanding its partnerships and integrations to better serve the financial advisor industry.
The latest example is a partnership with JPMorgan to expand its recordkeeping options and help power Everyday 401(k), Chase’s small business 401(k) workplace savings platform.
Vestwell also said it has expanded its distribution partnerships with advisory firms including Commonwealth Financial Network and Cambridge.
Meanwhile, “to further allow for a seamless recordkeeping solution for advisors and small businesses,” the firm has expanded its application programming interface integrations with payroll providers Gusto and Intuit QuickBooks.
“In light of recent regulatory tailwinds and our modern technology solutions, we’ve experienced unprecedented demand from financial advisors for the ability to offer retirement plans to their clients,” said Aaron Schumm, Vestwell CEO and founder.
“These new partnerships and integrations signal the rapid growth across the savings industries with strategic interest from the world’s leading advisory and asset management firms,” he added.
“As the retirement industry is experiencing unprecedented growth, we remain committed to offering best-in-class solutions for our clients,” said Steve Rubino, head of Retirement at J.P. Morgan Asset Management.
“Enhancing our offering by coupling a modern technology platform with an assigned client success professional, like Vestwell, will enable us to quickly and efficiently meet the increasing demand,” Rubino said in a statement. “Small businesses are seeking affordable and tech-forward retirement plans in record numbers, and we are proud to be able to deliver for them.”
ViewTrade Chosen by One Zero Digital Bank
Technology and brokerage services provider ViewTrade said Monday it was selected by Israel-based One Zero Digital Bank to be the broker and technology partner for a new securities trading platform.
The collaboration will provide Israeli investors with “seamless access” to U.S. markets, Vestwell said. One Zero clients can now trade in a wide range of equities and ETFs listed on the New York Stock Exchange and Nasdaq, using either foreign currency or shekel accounts, Vestwell added.
The new trading platform allows independent trading on U.S. stock exchanges and “will help clients consolidate their financial activity through a single provider,” according to Vestwell.
Traders are able to execute individual trades or subscribe to a monthly package with no maintenance or trading fees and no minimum commissions, regardless of the order amount, it said. The bank also provides investors with real-time AI-generated insights and updates about their investment portfolios, according to Vestwell.
(Image: Shutterstock)
