Wealthbox announced a new integration with Envestnet, infusing powerful investment management capabilities directly into advisors’ Wealthbox CRM platform. With this integration, advisors can seamlessly access Envestnet account and position information, navigate between platforms using single sign-on, and initiate investment proposals—all within Wealthbox. The seamless connection between these two essential tools enables advisors to work more efficiently by reducing manual processes and giving them more time to serve clients. Advisors can now view their clients’ Envestnet account and position details directly in Wealthbox via a dedicated Investments tab. This ensures that key financial data is easily accessible alongside client records, eliminating the need to switch between systems. With single sign-on functionality, advisors can seamlessly transition from Wealthbox to Envestnet without losing data-driven client context. A simple click from within Wealthbox takes users directly to the corresponding client page in Envestnet, providing instant access to additional investment details. In addition to viewing account information, advisors can also initiate investment proposals directly from Wealthbox. Advisors can begin a proposal in Wealthbox and continue in Envestnet, whether they’re working with an existing client or adding a new prospect. If the client does not yet exist in Envestnet, Wealthbox will automatically create the household and link it to the proposal, ensuring a smooth and efficient workflow. Once initiated, proposals are seamlessly transferred to Envestnet, where advisors can continue the process without interruption.
Tastytrade announces stablecoin funding for brokerage accounts , allowing investors to deposit USDC, USDT, PYUSD, and RLUSD anytime
Tastytrade has introduced instant stablecoin funding for its brokerage accounts, allowing investors to deposit USDC, USDT, PYUSD, and RLUSD anytime. The brokerage said the stablecoin option will help reduce friction in moving funds across borders, particularly for traders outside the United States. Under the new setup, stablecoins are reportedly automatically converted to U.S. dollars and swept into customer accounts using Zerohash’s infrastructure. This eliminates the need for Tastytrade to manage crypto custody or interact with blockchain systems directly. The company said the offering is available globally and will operate 24/7, removing bottlenecks caused by currency conversion, banking hours, and multi-day settlement cycles. The new feature is powered by blockchain infrastructure provider Zerohash. “The upside of stablecoin account funding is massive: speed, simplicity, and global reach,” commented Pete Mulmat, CEO of IG North America, the parent company of tastytrade. “We can now move money across jurisdictions in seconds, cut out costly intermediaries, and offer a frictionless experience for our customers around the world.” Mulmat added that stablecoins could help meet the needs of a market increasingly oriented toward continuous global trading. “In a market that’s moving towards 24/7 global trading, account funding shouldn’t be a barrier to getting started with trading,” he said.
Goldman Sachs Private Credit Fund to offer managed accounts access to private credit investments including direct lending and private placements through a vehicle structured specifically for long-term retirement portfolios
Goldman Sachs Asset Management announced plans for a private credit collective investment trust for defined contribution plans. The fund, the Goldman Sachs Collective Trust – Private Credit Fund, is designed to deliver access to private credit investments through a vehicle structured specifically for long-term retirement portfolios. It will be available for use in managed accounts such as target-date funds. The GS Private Credit CIT will be included in Great Gray Trust Co.’s Panorix Target Date Series, a retirement solution that integrates institutional-grade public and private market exposure. The new target-date series, developed by Great Gray in collaboration with BlackRock, Wilshire Advisors and Goldman Sachs, aims to bring sophisticated investment strategies to everyday retirement savers. “This solution is designed to meet the practical needs of retirement plans,” said Greg Wilson, Goldman Sachs Asset Management’s global head of retirement. The GS Private Credit CIT will invest across a broad spectrum of private credit strategies—including North American and European direct lending and private placements—while maintaining a liquidity sleeve to ac. It will be available in managed portfolios, including target-date funds, multi-manager bond funds and CIT-based managed accounts. “The addition of private credit completes the vision behind Panorix, a purpose-built retirement solution that brings together institutional-quality public and private markets in one seamless structure,” said Rob Barnett, Great Gray’s CEO “By collaborating with Goldman Sachs, BlackRock and Wilshire, we’re unlocking broader access to sophisticated strategies that were once out of reach for everyday savers—all while staying anchored to fiduciary standards and participant-first design.”
Vellum integrates workflow orchestration, evaluations and testing, deployment and monitoring and connects models, tools and business data in a centralized control panel to enable organizations to build complex, enterprise-grade AI systems
Vellum, the enterprise development platform for building, testing and deploying mission-critical AI products, has raised $20 million in Series A funding. The platform equips cross-functional teams with a centralized control panel to orchestrate end-to-end AI workflows by connecting models, tools and business data in one place to streamline the path to production. By coupling workflow orchestration, evaluations and testing, deployment and monitoring in one platform, Vellum enables organizations to build complex AI systems that output reliable results. The platform enables: AI workflow definition: A visual UI builder and SDK let teams map, test and refine AI logic. Engineers and non-technical experts can collaborate side by side. End-to-end evaluation: A robust testing suite catches failures and edge cases before they reach production. Safe deployments: Push updates and publish new versions without risky redeploys. Vellum enables precise version control, even in highly complex environments. Live monitoring and continuous improvement: Real-time observability reveals how systems behave in the real world, with live feedback loops that inform testing directly. With built-in evaluation, full observability and strict data isolation, Vellum enables Drata to move faster, iterate with confidence and deliver enterprise-grade AI automation without compromising accuracy or compliance.
Edward Jones partners CAIS to enable HNWIs and advisors to manage alt investments in addition to mutual funds and ETFs through unified managed accounts while also letting them do intelligent rebalancing, overall tax management, tax transitions
Edward Jones plans to provide a variety of private investment options through a deal with CAIS, which provides technology designed to unlock alternative investments for advisors and their clients. The service will be offered starting on May 5 through a business line called Edward Jones Generations, which is open to investors with $10 million or more in assets, but will eventually be extended to more of the firm’s clientele. Russ Tipper, principal and head of products at Edward Jones, said it’s too early to say what the criteria for investing in alternatives will eventually be set at. Rather than choosing a fixed investable asset threshold for all accounts, Edward Jones is more likely to look at every client’s portfolio individually and decide if alts have a place. “We’re going to make sure it’s an appropriate portion of a client’s portfolio, which could be as little as zero to as high as 20% depending on the objective they’re trying to solve for.” Edward Jones has roughly 9 million clients but doesn’t say how many have more than $10 million in investable assets.
SEC’s proposed rules to offer retail investors access to closed end funds that invest in private assets, such as hedge funds and private equity through fractionalization enabled by tokenization
Securities and Exchange Commission’s (SEC’s) new Chair, Paul Atkins discussed the SEC’s approach to innovation under the new administration. Apart from discussing crypto, he also proposed relaxing rules for retail investors in closed end funds that invest in private assets, such as hedge funds and private equity. With more companies and “unicorns” staying private for longer, these investment opportunities are often only available to accredited investors. Though riskier, these opportunities offer upside that retail investors cannot currently access. According to SEC statistics, the aggregate value of private funds grew from $9.5 trillion in 2012 to $30.9 trillion in 2024. “This common-sense approach will give all investors the ability to seek exposure to a growing and important asset class, while still providing the investor protections afforded to registered funds,” Chair Atkins said. From an investor perspective, the fractionalization enabled by tokenization helps to lower the minimum investment amount, which is a benefit even for wealthier investors looking to diversify their portfolios. This advantage could be diluted if more permissive laws make private market assets more accessible in traditional formats with smaller denominations. That said, some younger investors that lean into crypto prefer to have the flexibility of holding other assets on chain. The real upside for tokenization is more likely to come from the asset manager side. Most firms are simply not set up for retail access – even big names like Blackstone and KKR face operational challenges when managing thousands of smaller investors. This is where tokenization offers clear advantages. Recognizing this opportunity, major private market players are already moving toward tokenized structures.
VC fund QuantumLight uses an AI model to identify outlier growth-stage companies with all 17 of its deals to date been guided by the model
QuantumLight, a quantitative venture capital firm founded by Revolut’s Nik Storonsky has closed on a $250 million fund for backing founders across AI, Web3, Fintech, SaaS and Healthtech. The $250 million Fund I, which closed at hard cap, is backed by a global group of top-tier LPs, including billionaire tech founders and prominent institutions. Since launching in 2022, all 17 of the company’s deals to date have been recommended by its proprietary AI model. The Fund’s proprietary AI model, Aleph, is purpose-built to identify outlier growth-stage companies. Storonsky said “Our ambition is to build the world’s best systematic venture capital and growth equity firm – and support the new generation of founders by sharing some of the operating principles that we developed at Revolut.” This includes the launch of playbooks for portfolio companies to learn from the success of Revolut in hiring top talent and driving high-performance companies. Says CEO Ilya Kondrashov: “Our goal is to make the invisible operating systems behind iconic companies like Revolut visible and replicable. Founders shouldn’t have to reinvent the wheel when it comes to building high-performing teams. By sharing these tools and frameworks, we’re helping scale-ups move faster from day one.”
Nasdaq’s private company dataset and API to deliver real-time pricing on private, pre-IPO companies, integrating primary round data, secondary market transactions, and accounting data including mutual fund marks and 409A valuations
Nasdaq has partnered with Nasdaq Private Market (NPM) to provide greater price transparency and valuation visibility into private, pre-IPO companies, including unicorns and startups. The Tape D private company dataset, available through API integration via Nasdaq Data Link, addresses critical transparency challenges by helping investors evaluate private holdings with greater confidence, enabling banks to structure private transactions more effectively, supporting wealth advisors and shareholders in managing liquidity needs, and equipping private companies with valuable insights for capital raises and tender offers. The comprehensive data product delivers real-time private market pricing by integrating primary round data, secondary market transactions, and accounting data. The launch of this data partnership marks the latest step in Nasdaq’s commitment to enhancing transparency, access, and portfolio management capabilities across the public-to-private investment spectrum.
Bloks integration with Wealthbox CRM enables financial advisors to sync AI-generated meeting summaries, tasks and relationship profiles straight into Wealthbox contact records; creates always-fresh profiles by pulling context from emails, calendars and the web
Bloks unveiled a native integration with Wealthbox, enabling financial advisors to sync AI-generated meeting notes and enriched client data directly into the CRM they already trust—all while maintaining the highest standards for security and compliance. Bloks connects to leading CRMs such as Salesforce, Affinity, HubSpot (beta), and now Wealthbox—plus your email, calendar, every major meeting platform, and curated internet sources to deliver the most comprehensive client intelligence available today. Even better, it takes under two minutes to set up and runs quietly alongside the tools advisors already use. What the Integration Delivers: Structured sync in a click – Send Bloks’ meeting summaries, tasks, and relationship profiles straight into Wealthbox notes and contact records. 360° data gathering – Pulls context from conversations, emails, documents, calendars, and the web to create deep, always-fresh profiles. Ask Bloks — your Relationship GPT – Prep for meetings, surface hidden opportunities, or run quick analyses with natural-language prompts. Two-minute setup, 5–8 hours saved weekly – Early adopters reclaim nearly a full business day—without changing workflows.
VanguardX Finance Institute’s platform uses logic, adaptability, and scenario planning to highlight structured market entries and exits through contextual logic analysis and simulates execution strategies across shifting economic conditions
VanguardX Finance Institute announces the launch of VanguardX Mind, a structured decision-making platform developed under the leadership of Charles Laurence. The system integrates strategic modeling, simulation, and scenario-based learning to enhance investment reasoning across market conditions. VanguardX Finance Institute has officially launched VanguardX Mind, a comprehensive trading and strategy development system designed to strengthen the connection between investment education and real-world decision-making. Developed under the direction of Professor Charles Laurence, the platform introduces a new paradigm for structured financial training built on logic, adaptability, and scenario planning. VanguardX Mind is comprised of four core modules engineered to foster strategic clarity and cross-cycle awareness:
- Trading Signal Decision System – Highlights structured market entries and exits through contextual logic analysis.
- Programmatic Execution Module – Simulates execution strategies across shifting economic conditions.
- Investment Strategy Decision Engine – Supports multi-variable evaluation of sectoral and thematic opportunities.
- Expert and Advisory System – Delivers high-level insights to support advanced learners and institutional participants.
Unlike traditional passive instruction models, VanguardX Mind has been fully embedded into the instructional design of VanguardX Finance Institute, encouraging students to build, test, and refine personalized investment strategies. Emphasis is placed on real-time feedback, post-trade review, and modular decision architecture. The platform is targeted toward emerging strategists, institutional analysts, and mid-career professionals seeking practical command over capital deployment and market interpretation. VanguardX Mind supports users in navigating volatility, identifying regime shifts, and maintaining strategic discipline under pressure.