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State Farm taps Invesco-owned Intelliflo fintech


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Intelliflo, a new technology company created by asset manager Invesco, has landed a significant new customer.
Insurance giant State Farm announced plans to migrate its brokerage business onto Intelliflo’s platform in an effort to boost agents’ ability to offer investment management and financial planning. Agents will get a single program to recommend products across brokerage and advisory accounts, and Intelliflo will provide risk mapping, goals-based planning, and some client self-service tools.
In 2018, Invesco acquired Intelliflo, which provides wealth management software to roughly 37% of financial advisors in the U.K.,
Financial Times. Then in March, 2021, Invesco merged it with i4C, another U.K. based fintech that offers cash flow modelling, and U.S.-based companies Portfolio Pathway (portfolio management and reporting), RedBlack (trading and rebalancing) and Jemstep (white-label robo advice), bringing all five companies under the Intelliflo ....

Tim Gerend , Scott Reddel , Jennifer Valdez , Sarah Mineau , Northwestern Mutual , Farm Investment Planning Services , State Farm , Portfolio Pathway , State Farm Investment Planning , North American , ஜெனிபர் வால்டெஸ் , சாரா மீனேௌஉ , வடமேற்கு பரஸ்பர , பண்ணை முதலீடு திட்டமிடல் சேவைகள் , நிலை பண்ணை , போர்ட்‌ஃபோலீயோ நடைபாதை , வடக்கு அமெரிக்கன் ,

The latest in financial #AdviserTech — April 2021


The latest in financial #AdviserTech April 2021
The big news, announcements and underlying trends emerging in the world of technology solutions for financial advisers!
April 19, 2021
35
MINS
This month’s edition kicks off with the big news that AssetMark has acquired UK financial planning software provider Voyant for $145 million, with plans to bring the planning software as a new competitor to the U.S. (in addition to likely integrating it deeply into AssetMark’s own technology stack)The deal highlights both the ongoing rise of financial planning, the dearth of new financial planning competitors with enough market share for strategic acquirers, and the reality that financial planning software continues to be an appealing synergistic value-add not only to investment-centric firms offering financial planning but also asset managers and TAMPs trying to expand into working with more planning-centric advisers. ....

Bluff Point , South Australia , Black Diamond , United Kingdom , Edmond Walters , Assetmark Voyant , Tifin Group , Envestnet Trust Services , Intelliflo Office , Jp Morgan , Envestnet Annuity Insurance Exchange , Advisor Technology , Rightsize Solutions , Orion Advisor Services , Services Exchange , Technology Study , True North Networks , Financial Advisertech Solutions , Bluff Point Associates , Xy Planning Network Fintech , Orion Portfolio Solutions , True North Network , Hidden Levers , Totum Risk , Trust Services , Tax Snapshot ,