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New Nonprofit Philadelphia Financial Scholars Will Expand Access to Financial Literacy and Entrepreneurship Education

New Nonprofit Philadelphia Financial Scholars Will Expand Access to Financial Literacy and Entrepreneurship Education Program founders believe financial empowerment for high school students and their families can help overcome economic barriers and combat poverty News provided by Share this article Share this article PHILADELPHIA, Feb. 22, 2021 /PRNewswire/  Today marks the launch of Philadelphia Financial Scholars, a new 501(c)(3) nonprofit that aims to help Philadelphia high school students and their families take on systemic challenges and develop wealth-building tools through access to financial literacy and entrepreneurship education. Philadelphia Financial Scholars originated when the FS Foundation, the philanthropic arm of Philadelphia-based asset management firm FS Investments, partnered with the University of Pennsylvania s Netter Center for Community Partnerships to create a financial literacy program for high school students. Since that time, the program has expand

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RIAs leverage TAMP tech the most: Report

RIAs leverage TAMP tech the most: Report Turnkey asset management platforms hold more than $2 trillion in managed wealth, and RIAs are the group that s funneling the most assets into TAMPs. February 8, 2021 3 MINS In fact, TAMPs hold more than $2 trillion in assets under management and administration, according to estimates from Tiburon Strategic Advisors. An adviser with access to a TAMP can offload many of the traditional responsibilities of managing client money from onboarding to rebalancing and let the robots and automated tech do the heavy lifting at a fraction of the cost. TAMP fees can run from 85 to 280 basis points depending on the underlying complexity and cost of the incorporated investments, according to the report. 

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InvestCloud aims to be the Amazon of wealthtech with Tegra118 merger

InvestCloud aims to be the Amazon of wealthtech with Tegra118 merger Global fintech InvestCloud completed a recapitalization that establishes the firm as the latest fintech unicorn while positioning it to rival TAMP offerings, according to experts. February 3, 2021 2 MINS Global technology platform InvestCloud is ready to have a seat at the table with wealthtech powerhouses like Envestnet after the completion of a recapitalization that drove it to reach unicorn status with a $1 billion valuation.  The recapitalization, announced Tuesday, includes fresh investments led by Motive Partners and Clearlake Capital Group. As part of the agreement, Motive Partners included the consolidation of its two portfolio businesses, Tegra118 and Finantix, into the InvestCloud platform a move that could position the fintech to rival TAMP offerings. 

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Private-banking
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Aite-group

An Innovative Joint Venture Between Orion Advisor Solutions and Focus Client Solutions Will Add Cash Management and Credit Capabilities to the Orion WealthTech Platform

An Innovative Joint Venture Between Orion Advisor Solutions and Focus Client Solutions Will Add Cash Management and Credit Capabilities to the Orion WealthTech Platform
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Focus Financial Partners: An Innovative Joint Venture Between Orion Advisor Solutions and Focus Client Solutions Will Add Cash Management and Credit Capabilities to the Orion WealthTech Platform

(2) Joint venture will offer advisors a comprehensive approach to addressing clients needs via an open-architecture framework NEW YORK, NY / ACCESSWIRE / January 27, 2021 / Orion Advisor Solutions and Focus Financial Partners Inc. (NASDAQ:FOCS) announced today the formation of an innovative joint venture that will add a competitive array of cash and credit solutions and related services developed by Focus Client Solutions ( FCS ) to Orion s comprehensive WealthTech platform. FCS, a subsidiary of Focus Financial Partners, LLC, has developed relationships with a national network of banks and non-bank lenders to provide these solutions to Focus partner firms. FCS offers access to cash management and lending alternatives for personal, business and nonprofit needs, empowering advisors to compete with private banks and wirehouses. Advisors have access to these capabilities through the FCS credit portal, a powerful, digital client interface. The joint venture will put similar capabiliti

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Eric-clarke
Jimmy-moock
Kelly-waltrich
Rudy-adolf
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