Broadridge Financial Solutions has announced a strategic partnership and minority investment in Uptiq, an AI platform for financial services. The partnership aims to modernize wealth management by addressing the growing demand for artificial intelligence in financial services and developing a better wealth lending process. Uptiq’s AI-powered tools and Broadridge’s Wealth Lending Network will enable advisors to deliver smarter lending recommendations, save time, and help clients access the liquidity needed to achieve their financial goals. The integration will streamline the process of accessing securities-based lending solutions, particularly for financial advisors and wealth management firms not affiliated with banks. Broadridge’s investment supports Uptiq’s growth and reinforces a shared vision for transforming wealth lending.
Halo Invest’s platform for advisers offers a light-touch, client-administrated option to efficiently service customers with more modest assets allowing them to easily check progress for clients and corporate actions
Halo Invest Adviser Gateway is now live, offering advisers a light-touch, client-administrated option to efficiently service customers with more modest assets. The platform, led by CEO Douglas Boyce, has secured its first advice firm client and a strong pipeline of new business for the immediate future. The platform is built to make investing “simpler, fairer and better” through innovative functionality, including a transfer dashboard for advisers to easily check progress for clients and corporate actions that the adviser doesn’t need to respond to individually. It also uses Go Cardless for efficient client money addition. The platform features include onboarding, trading, custody, and reporting, as well as a comprehensive range of investments and wrappers. The senior management team at Halo Invest has close to 200 years of combined experience within financial services, including former Tatton CEO Helen O’Neill, Head of Risk and Compliance Wendy Crawford, and Head of Customer Lynn Johnston. Halo Invest Adviser Gateway represents an evolution rather than a revolution, helping advisers achieve profitability from parts of their client book where it was previously difficult or impossible.
eToro’s AI tools to enable retail traders to develop bespoke trading algorithms, automate trade execution with precision and interact with social feed via customizable boiler plates and rich media posts creating a community-led marketplace for investing
eToro is launching a suite of AI-tools that will transform social investing by creating a community-built marketplace for investing built on top of eToro’s new public API. This marks a significant leap forward in the democratization of investing, arming retail traders and investors with sophisticated, AI powered capabilities previously only accessible to quantitative hedge funds. The suite of AI-tools will initially be available to eToro’s Popular Investors, a subset of users who are a vetted group of top traders and investors who meet specific criteria and whose investment strategies can be copied by other users via eToro’s patented CopyTrader technology. The key capabilities which will be deployed include the ability to: Develop bespoke trading algorithms and automate strategies; Automate trade execution: AI-driven algorithms to execute trades with precision, minimizing latency and maximizing efficiency; Integrate real-time market data and third-party tools, including backtesting and advanced analytics, to identify trends and opportunities across stocks, crypto, and ETFs, in order to build investment strategies; Personalize portfolio optimization: Tailored recommendations based on risk profiles, market conditions, and user behavior; Create personalized dashboards for monitoring portfolios and market activity including sophisticated risk management tools, powered by AI including Value-at-Risk (VaR) analysis and portfolio stress testing; Interact with eToro’s social feed via customizable boiler plates e.g. rich media posts. eToro’s focus on AI-empowerment, includes the launch of Tori, eToro’s next-gen AI companion. Tori is a powerful AI assistant transforming how users interact with eToro: answering questions, surfacing personalized insights, guiding them across the platform, and helping them better understand the world of investment – all through natural conversation.
YELO Software’s AI-driven private markets intelligence platform delivers accurate, CRM-ready contact data across private equity and portfolio decision-makers and a dynamic map of firms, sectors, and interconnections to reveal hidden investment opportunities
YELO Software, has launched its full-service offerings alongside YELOsphere Connect the first module of its proprietary, AI-driven private markets intelligence platform designed to help teams identify and connect with key players across private equity and portfolio companies. Private equity teams work in high-stakes, low-visibility environments. YELOsphere is built to change that — delivering verified data, strategic insights, and AI-driven foresight in three stages: 1) YELOsphere Connect (Live) – Accurate, CRM-ready contact data on PE and portfolio decision-makers. 2) YELOsphere Insights (2025) – A dynamic map of firms, sectors, and interconnections to reveal hidden opportunities. 3) YELOsphere Analytics (In development) – Interactive dashboards and predictive strategy tools, powered by AI. YELOsphere Connect enables investment and marketing teams to move faster with cleaner, more actionable data, powered by smart automation and AI-driven data validation. Continuously validated contacts across PE firms and portco executive roles; Smart filters by firm, title, sector, and investment profile; Decision-grade contact intelligence across investors and operators; Built to move teams from research to outreach, faster.
Halo Investing to offer advisors institutional-caliber solutions that include access to hedging and monetization, securities-based lending, secondary and pre-IPO markets, and tailored option portfolios to enable them deliver enhanced service
Halo Investing has launched Advanced Wealth Solutions — a suite of sophisticated investment capabilities designed to elevate how advisors serve their clients. With Advanced Wealth Solutions, advisors have access to investment products and strategies typically offered by institutional and private bank environments. Halo’s Advanced Wealth Solutions offering provides advisors and their clients with access to hedging and monetization, securities-based lending, secondary and pre-IPO markets, and soon, tailored option portfolios and overlays — capabilities that have traditionally been reserved for institutional channels. With Advanced Wealth Solutions, advisors can leverage strategies to manage concentrated equity risk, access liquidity, optimize tax outcomes, and tap into private market investment opportunities, including private company secondaries and pre-IPO investments. Advisors can also offer flexible credit lines backed by clients’ investment portfolios, providing liquidity without disrupting market exposure. With access to sophisticated strategies and exclusive investment opportunities through Advanced Wealth Solutions, advisors can deliver tailored, results-focused solutions that deepen relationships and drive long-term business growth. Matt Radgowski, CEO of Halo said “With Advanced Wealth Solutions, we’re leveling the playing field by putting institutional-caliber solutions within reach of advisors who want to deliver more for their clientele.”
Moment automates fixed income investments- instantly generates portfolios from email requests, builds transition proposals from PDFs in seconds, and produces client-ready reports with custom commentary
Moment, the company automating trading and portfolio management workflows for fixed income teams, has raised $36 million in Series B funding led by Index Ventures, with participation from Andreessen Horowitz and others. Moment’s platform unifies trading, research, portfolio optimization, reporting, and risk and compliance in a single system, with a layer of automation that allows financial institutions to supercharge their fixed income teams. Leading financial institutions use Moment to: Execute thousands of trades in seconds with automated execution rules; Optimize tax-sensitive, multi-asset class portfolios across hundreds of thousands of accounts; Scan all of their accounts and trades in real-time for compliance violations using custom rules; Use AI-powered workflows to instantly generate portfolios from email requests, build transition proposals from PDFs in seconds, and produce client-ready reports with custom commentary. By embedding forward-deployed engineers with its largest customers, Moment co-develops multi-year transformation roadmaps while delivering near-term solutions in production. Dylan Parker, CEO and co‑founder of Moment said “These firms are partnering with Moment to co-create the future of fixed income – empowering their fixed income teams with a differentiated platform to win new business, unlock eight-figure revenue channels, and genuinely 10x their productivity.”
Direct indexing offers a superior alternative to ETFs and stocks through the ability to donate the appreciated shares after offsetting gains in other accounts, by automated and systematic tax-loss harvesting throughout the year and by ability to personalize portfolio
For clients looking for precise control over their portfolios, direct indexing strategy can be a solid middle ground between the mass-market ETFs and high-maintenance stock picking, said Eric Croak, president of Croak Capital. “Direct indexing is really just owning the pieces of an index instead of the ETF shell,” he said. “So instead of one fund that tracks the S&P 500, you hold all 500 companies, or at least enough to mirror its performance.” For Tushar Kumar, co-founder of Twin Peaks Wealth Advisors in San Francisco, it’s his fastest growing strategy for client portfolios. Direct indexing gives his firm a toolkit that’s flexible, tax sensitive and aligned with the circumstances and priorities of each client. It works best when the investor has the interest and resources to make it worthwhile, said Trevor Johnson, financial planner and founder of Dream Weaver Financial Planning “Direct indexing can be a powerful strategy for certain investors who want more control, customization and potential tax benefits than traditional ETFs allow,” he said. The ability to offset gains in other accounts or funds and then donate the appreciated shares is powerful, said Rob Schultz, senior partner and wealth manager at NWF Advisory. “With the costs and minimums, there is a compelling case for those in higher tax brackets and with charitable inclinations,” he said. One of the biggest advantages of direct indexing is automated and systematic tax-loss harvesting throughout the year, said Kumar. “The platform continuously monitors for opportunities to harvest losses, which research has shown can be more impactful than year-end-only strategies,” he said. The ability to tax-loss harvest individual “losers” is a huge advantage, said Croak. What draws Jon Wingent, principal at Cerity Partners, to direct indexing is the ability to truly tailor a portfolio to the individual. Direct indexing also defrays one of the inherent problems of using an index fund or ETF — inflexibility in taking advantage of losses in the underlying basket or fund, said Robert S. Jeter II, vice president and financial advisor with InFocus Financial Advisors. “For high-tax investors, it can be a great way to keep more of what you earn or compound over time,” he said. The ability to personalize a portfolio underscores another aspect of direct indexing: It can be incredibly useful for values-based investing, said Kumar. If a client is in a high marginal income tax bracket, direct indexing is worth considering to take advantage of short-term losses, which can offset $3,000 of ordinary income per year and can be carried forward to future tax years indefinitely, said Jake Skelhorn, partner and wealth advisor at Spark Wealth Advisors
One Big Beautiful Bill Act offers advisors an avenue to be really proactive with their clients by sharing their thoughts and opinion on the bill’s massive impact on the rules for federal income taxes and estate planning
After President Donald Trump’s Republican allies raced to meet their July 4 deadline to pass the One Big Beautiful Bill Act, the legislation is on its way to be signed into law. Financial advisors and their clients can now take the rest of the year to plan for 2026 and beyond. The legislation extends and expands many provisions of the Tax Cuts and Jobs Act and will have a massive impact on the rules for federal income taxes and estate planning, alongside other Trump administration priorities such as defense and border security appropriations, work requirements for Medicaid beneficiaries and an increase to the debt ceiling. Trillions of dollars in additional federal debt as a result of the newly passed legislation pose further questions for investors. Over the next decade, the bill will expand deficits by $3.2 trillion, after savings of $1.4 trillion on the overall cost of $4.6 trillion, according to the Penn Wharton Budget Model. Beyond the political upshot and inevitable arguments around the economic impact of the legislation, advisors and their clients will likely want to prepare for an array of new tax rules coming into effect as early as this year. No matter their political bent or opinion on the law, it is “exciting that they can take advantage of something like that,” said Mike Byrnes, founder of advisor growth firm Byrnes Consulting. Since clients will no doubt be asking advisors’ thoughts, it makes a great topic for, say, a client or prospect event, he noted. “It just gives advisors another thing to be really proactive with their clients about,” Byrnes said. “Whether the client leans left or leans right, I think it’s a great opportunity to strengthen their relationship and just be in front of them.”
Savvy Wealth embedding AI financial advisor inside the core CRM and advisor-facing tech stack to enable human advisors to offer predictive, real-time insights tailored to individual client financial profiles
Savvy Wealth, a digital-first platform for financial advisors centered around modernizing human financial advice, announced the successful close of a $72 million Series B funding round, led by Industry Ventures, a venture capital firm focused on private technology investments. Savvy will leverage the fresh funding to accelerate its core technology offering, hire top technical talent and expand recruitment of independent advisors and advisory teams to its affiliate registered investment advisor (RIA), Savvy Advisors. The firm will also accelerate the development of artificial intelligence (AI) solutions to build personalized knowledge bases on each client, providing predictive, real-time intelligence tailored to individual financial profiles and needs. Ritik Malhotra, Founder and CEO of Savvy Wealth. “At Savvy, we’re embedding AI inside the core of our CRM and advisor-facing tech stack to ‘10x’ their capabilities – unlocking predictive, real-time insights that strengthen human relationships. As modern advisors continue to choose independence, Savvy’s boutique culture, cutting-edge technology and full-service platform offers them a welcome home where their voice matters.” Recently surpassing $2 billion in assets under management, Savvy continues to build upon the sophistication of its offering, which includes solutions designed to meet the complex needs of high-net-worth investors. As Savvy expands its client base, it plans to evolve into a modern wealth management platform that offers more premium services to vertically integrate all of an individual or family’s financial needs.
Fund managers like Vanguard and State Street looking to tap into higher-cost private markets to boost revenue by selling funds that charge higher fees, to offset the years-long trend of near-zero
Vanguard Group grew into a $10 trillion financial colossus by pioneering simple, ultralow-cost investing. Its wildly popular index funds proved that people don’t need expensive portfolio managers to pick their investments. These days, the company’s most exciting new product is a striking departure from that playbook—a foray into the world of private markets, where investors pay steep fees for access to complex deals that promise high returns. Wall Street is feverishly embracing private markets and Vanguard, like other giant money managers, wants a foothold in this booming business. A new fund it is developing with Blackstone and Wellington Management will offer a mix of public and private assets. State Street, another big fund manager, joined with Blackstone rival Apollo Global Management to create a 401(k) target-date fund with approximately 10% exposure to private markets. BlackRock is aiming to launch something similar next year. The companies say they want to democratize investing, letting people place bets in areas like private equity and private credit that have long been restricted to pensions, endowments and plugged-in elites. With fewer publicly traded companies to invest in, people need to put money in private markets, they say. The investment firms have something to gain for themselves in this shift. After years of driving down fees, retail fund managers are nearing a wall as what they charge approaches zero . The chance to sell more funds that can charge higher fees would boost revenues for the likes of Vanguard and State Street, which pioneered exchangetraded funds. “They have been preaching low fees and competition, and now they’ve come around to the value of alternative investments in client portfolios,” said Morgan Stanley analyst Michael Cyprys . The companies that create and manage the private funds—Blackstone, Apollo, KKR and others—are hitting their own wall as their privateequity funds , which own unlisted companies, stall. They have focused on private credit , which involves issuing loans to those same sorts of companies, to generate growth. The trillions in savings held by retail fund managers looks like enticing fuel for their businesses. “Everyone’s looking at Vanguard and saying ‘wow, they have a tremendous pile of gold, I wonder if they’d let us have a small slice’,” said Bob Brinker , publisher of a mutual-fund newsletter.