FeeX, Coastal Investment Advisors Announce Partnership
Fintech firm FeeX entered into a partnership with Wilmington, Delaware-based RIA Coastal Investment Advisors to enable Coastal advisors to manage clients’ held-away accounts, the firms said Tuesday in a joint announcement.
Coastal recently rolled out the technology to its more than 75 advisors, who have already begun to onboard clients onto the platform, the companies said.
Held-away accounts, which include retirement assets such as 401(k)s and 403(b)s, often represent a significant opportunity for investors to grow their net worth but have “historically been challenging for advisors to support,” the firms said.
FeeX helps Coastal advisors to manage those accounts without assuming custody, enabling them to manage their clients’ retirement and other held-away accounts like they would other accounts, they noted.
Zephyr Teams With AppCrown
Informa subsidiary Zephyr, which provides data, insight and analysis to advisors via its financial services platform, partnered with AppCrown to fully connect Salesforce Financial Services Cloud and other customer relationship management systems with Zephyr technology.
AppCrown was founded by Ted Tsung, who created digiTRADE, which went on to become a technology application used across Thomson Reuters Wealth Management solutions. His son, Franklin Tsung, now directs AppCrown’s go-to-market strategy as the company’s growth advisor, overseeing product and partnership.
AppCrown delivers industry data for wealth management firms, enabling independent broker-dealers, RIAs and banking institutions to have turnkey integration of custodian data that encompasses advisor AUM performance data and downstream application data.
Amber Group Launches WhaleFin
Amber Group launched WhaleFin, its new flagship digital asset platform that it said Wednesday is “uniquely positioned to empower mainstream investors to build wealth in the digital era and further democratize access to the world of crypto finance.”
The new, all-in-one platform “bridges the demands from both markets, serving as the preferred gateway to crypto for users, regardless of their experience,” it said.
Designed with universality in mind, WhaleFin combines institutional-grade features of the Amber Pro, launched in 2019, with the intuitive user interface and features of the Amber App, launched in 2020, it said.
All users can now access institutional-grade digital asset trading tools via a seamless interface on both web browser and mobile app, Amber Group said.
“The platform comes in two versions to cover the full spectrum of investing needs,” with a “pro” version offering comprehensive trading features for diversified investing activities and a “lite” version enabling crypto beginners to buy, earn and swap digital assets simply and securely, it said.
Key features of WhaleFin include long-term value generation, algorithmic trading, investment flexibility and “state-of-the-art” security, it added.
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Source: https://www.thinkadvisor.com/2021/12/16/td-ameritrade-enhances-thinkorswim-tech-roundup/