Asset Management - FinTecBuzz https://fintecbuzz.com Fintech News Thu, 05 Sep 2024 15:20:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://fintecbuzz.com/wp-content/uploads/2019/04/cropped-Original-black-FinTech-512-32x32.png Asset Management - FinTecBuzz https://fintecbuzz.com 32 32 PayBito’s Expansion Plans: Invites Franchise Partnerships https://fintecbuzz.com/paybitos-expansion-plans-invites-franchise-partnerships/ https://fintecbuzz.com/paybitos-expansion-plans-invites-franchise-partnerships/?noamp=mobile#respond Thu, 26 Aug 2021 15:30:38 +0000 https://fintecbuzz.com/?p=24560 PayBito floats franchise offers, inviting organizations to a profitable venture with a globally reputed brand to effectively promote the concept behind PayBito.

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Global digital asset exchange, PayBito floats an invitation for the franchise partnerships. PayBito rolls out an attractive offer for organizations to be a part of PayBito with an opportunity to earn 50% of the revenue.

  • PayBito’s offer encloses:

(i) 50% of the commission earned from trading fees for every user and to bear the brand PayBito
(ii) Access to fully regulated PayBito services
(iii) Access to PayBito digital assets
(iv) A well-established business with efficient internal processes
(v) PayBito business plan, customer support & client confidentiality
(vi) Exchange API, Marketing support with an established branding

  • Franchisee organizations are expected to fulfill the following:

(i) Franchise investment including timely settlement of business development and marketing expenses every month
(ii) Execute and maintain smooth operations of the Franchise in compliance with the brand policy of PayBito
(iii) Nurture and enhance Franchise influence locally while accelerating the ultimate goal of worldwide adoption of crypto
(iv) Monetize local promotion and advertising resources along with extensive utilization of social media for marketing enhancement
(v) Plan and conduct local promotional events regularly to highlight the brand value of PayBito for Franchise development

“In view of market expansion and advocacy of crypto-adoption, we have floated a franchise program. The partnership is designed to be mutually and equally beneficial to us and the franchisee organization,” stated Raj Chowdhury, PayBito Chief, and blockchain pioneer.

The franchisee organizations must be crypto enthusiasts with well-developed connections in the local community. They must possess a clear idea of the core concept and updated knowledge about the crypto market, and have experience in business management with a keen interest in new business ventures.

“Knowledge, awareness, experience, and zeal are the things we look for in our franchisee partners. Given these attributes and a pro-crypto mindset, we hope to take a long way.”

The franchise program is intended to enhance PayBito’s reach and popularity across geography. This is also a means of promoting groundbreaking technology and the diversity it is capable of supporting.

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Wealth Management Platform Advisor360° Names Cynthia Stephens as VP https://fintecbuzz.com/wealth-management-platform-advisor360-names-cynthia-stephens-as-vp/ https://fintecbuzz.com/wealth-management-platform-advisor360-names-cynthia-stephens-as-vp/?noamp=mobile#respond Wed, 18 Aug 2021 14:30:36 +0000 https://fintecbuzz.com/?p=24452 In her new role as head of marketing, Stephens will expand and develop Advisor360°’s go-to-market strategy to accelerate growth and drive momentum for the independent WealthTech SaaS startup Advisor360°, provider of a deeply integrated wealth management platform that streamlines both advisor and broker-dealer workflow, increases productivity, and drives enterprise digital transformation, today announced that B2B marketing leader Cynthia Stephens has joined the team as Vice President of Marketing. With more than two decades of experience in B2B...

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In her new role as head of marketing, Stephens will expand and develop Advisor360°’s go-to-market strategy to accelerate growth and drive momentum for the independent WealthTech SaaS startup

Advisor360°, provider of a deeply integrated wealth management platform that streamlines both advisor and broker-dealer workflow, increases productivity, and drives enterprise digital transformation, today announced that B2B marketing leader Cynthia Stephens has joined the team as Vice President of Marketing. With more than two decades of experience in B2B marketing, brand positioning and demand generation, Stephens is a leader in the creation of strategies and programs that drive growth for software-as-a-service (SaaS) platforms.

“It’s the perfect time to be joining this exceptional team, on the heels of MassMutual’s successful deployment of Advisor360°,” said Stephens. “With the substantial attention we have garnered in the platform and our growing prospect base, I am looking forward to leading go-to-market activities and educating both broker-dealers and roll-up RIAs on how we can simplify their enterprise transformation to drive revenue growth.”

Stephens has deep experience designing and implementing B2B growth engines from the ground up. Her previous roles included senior positions at Lionbridge, Profitero, Morningstar, ByAllAccounts, Compete and DRI, a unit of Standard & Poor’s. In her new role as head of marketing at Advisor360°, Stephens will develop the firm’s go-to-market strategy, leading marketing efforts including positioning, content, demand generation, digital, and product marketing.

“Given the amount of interest we are seeing in our platform from prospects across the financial services and insurance industries, it was time for Advisor360° to hire a marketing leader,” said Rich Napolitano, Advisor360° CEO. “Cynthia’s ground-up approach to marketing strategy and her track record of success in building high-value marketing campaigns for technology startups will play a critical role in helping us scale.”

Advisor360° is an independent software company that spun out of Commonwealth Financial Network in 2019. Serving enterprises in the broker-dealer/RIA space, the Advisor360° WealthTech platform uses integrated technology and a Unified Data Fabric™ that enable advisors to boost productivity and spend more time with clients, allowing for increased sales, AUM and profitability.

Stephens’ hire comes shortly after MassMutual’s successful deployment of Advisor360° in June 2021 and the onboarding of Chris Ollendike as SVP and Head of Sales in January 2021. CEO Rich Napolitano joined the company in December 2019. To learn more about Advisor360°, please visit: www.advisor360.com

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Digital Asset Exchange Binaryx Launches Tokenization Platform https://fintecbuzz.com/digital-asset-exchange-binaryx-launches-tokenization-platform/ Tue, 06 Jul 2021 17:30:52 +0000 https://fintecbuzz.com/?p=23860 Now Binaryx Customers Can Convert Their Real Asset Values Into Tokens and List Them on Exchange via a Single Platform Binaryx, European digital asset exchange, announces the launch of its next-generation tokenization platform, empowering small and medium businesses to tokenize their assets to attract investments. Binaryx gains a competitive edge by combining digital asset exchange capabilities and asset tokenization services within a single platform. “We want to help small and medium businesses that have gone...

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Now Binaryx Customers Can Convert Their Real Asset Values Into Tokens and List Them on Exchange via a Single Platform

Binaryx, European digital asset exchange, announces the launch of its next-generation tokenization platform, empowering small and medium businesses to tokenize their assets to attract investments. Binaryx gains a competitive edge by combining digital asset exchange capabilities and asset tokenization services within a single platform.

“We want to help small and medium businesses that have gone through the startup stage and do not have enough capital by offering cost-efficient and time-consuming ways to scale. With the help of our tokenization platform, small and even micro- businesses can get support from their existing communities and attract private investors from all over the world,” comments Oleg Kurchenko, founder and CEO of Binaryx.

Genius Marketing, an EdTech company from Eastern Europe, is the first company to tokenize its business using the Binaryx platform. Genius Marketing offers entrepreneurs a variety of educational programs on digital marketing.

Currently, the Binaryx team has been working with businesses and asset managers to build a pipeline of European projects, compliant for tokenization within the platform, and also to create and provide a fair, transparent, and accessible tokenization framework for all participants. Among the front runners in the pipeline, there are several EdTech and AdTech businesses from Eastern Europe, which aim to attract investment for further expansion.

Tokenization of real economy assets is one of the top emerging trends, predicted by many analytical companies, to shape the financial ecosystem within the next decade. According to Deloitte, tokenization could unlock trillions of euros in currently illiquid assets, transforming the financial space into a much faster, cheaper, and inclusive ecosystem. The Transparency Market says the tokenization market to grow up to $7 billion by 2026. The World Economic Forum forecasts that 10% of the world’s GDP ($10 trillion) will be in the form of cryptographic assets within the next ten years.

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Digital Asset Firm, CoinShares & Finanzen Announce Partnership https://fintecbuzz.com/digital-asset-firm-coinshares-finanzen-announce-partnership/ https://fintecbuzz.com/digital-asset-firm-coinshares-finanzen-announce-partnership/?noamp=mobile#respond Tue, 22 Jun 2021 15:30:29 +0000 https://fintecbuzz.com/?p=23597 Europe’s largest digital asset investment firm and Germany’s leading financial news portal join forces to bring crypto ETPs to investors with zero trading fees CoinShares (Nasdaq First North Growth Market: CS), Europe’s largest digital asset investment firm, today announced an exclusive partnership with the largest platform for German-speaking financial and investment news, finanzen.net. As a result of the partnership, CoinShares will be the sole provider of physically-backed crypto products on the newly launched investment platform finanzen.net zero which launched...

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Europe’s largest digital asset investment firm and Germany’s leading financial news portal join forces to bring crypto ETPs to investors with zero trading fees

CoinShares (Nasdaq First North Growth Market: CS), Europe’s largest digital asset investment firm, today announced an exclusive partnership with the largest platform for German-speaking financial and investment news, finanzen.net. As a result of the partnership, CoinShares will be the sole provider of physically-backed crypto products on the newly launched investment platform finanzen.net zero which launched on June 5, 2021, with zero trading fees.

The following exchange traded products (ETPs) will be available to investors via the finanzen.net zero platform:

Name

ISIN

WKN                   

CoinShares Physical Bitcoin

GB00BLD4ZL17

A3GPMN

CoinShares Physical Ethereum

GB00BLD4ZM24

A3GQ2N

CoinShares Physical Litecoin

GB00BLD4ZP54

A3GRUD

Frank Spiteri, CoinShares’ Chief Revenue Officer commented, “As Europe’s largest digital investment firm, we are delighted to partner with finanzen.net to deliver German investors and brokers access to the digital asset ecosystem through unique product offerings. After cross-listing CoinShares Physical ETPs on the Boerse Xetra earlier this month, this exclusive partnership is the next step in our continued mission of bridging the gap between institutional and digital asset investors.”

Currently, finanzen.net delivers almost 65 million visits a month via their website and iOS/Android applications. With the new platform zero, over 180,000 securities are available to customers including stocks, ETFs, funds, crypto ETPs, warrants and certificates. Users can enjoy extended trading hours from 8 a.m. to 10 p.m. CET and make use of the free savings plan option.

Jens Ohr, Managing Director of finanzen.net zero stated, “Having a partner like CoinShares on board is a big win, fitting exactly the needs of our target group and ensuring their participation in a growing market.”

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Leading Digital Asset Exchange Announces Fiat-to-Crypto Gateway https://fintecbuzz.com/leading-digital-asset-exchange-announces-fiat-to-crypto-gateway/ https://fintecbuzz.com/leading-digital-asset-exchange-announces-fiat-to-crypto-gateway/?noamp=mobile#respond Tue, 22 Jun 2021 14:30:02 +0000 https://fintecbuzz.com/?p=23594 Huobi Global, one of the world’s leading digital assets exchanges, announced last week the launch of a new fiat-to-crypto gateway for its Pound Sterling (GBP) users. Collaborating with local payments solutions provider Clear Junction, the integration of the new channel aims to offer UK users an additional and easier way to purchase digital assets directly with their fiat balances. “Adding a new GBP fiat-to-crypto gateway is a significant step for us to develop and demonstrate...

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Huobi Global, one of the world’s leading digital assets exchanges, announced last week the launch of a new fiat-to-crypto gateway for its Pound Sterling (GBP) users. Collaborating with local payments solutions provider Clear Junction, the integration of the new channel aims to offer UK users an additional and easier way to purchase digital assets directly with their fiat balances.

“Adding a new GBP fiat-to-crypto gateway is a significant step for us to develop and demonstrate our commitment to the European community. Now, our pound sterling users can have access to multiple choices. They can deposit GBP through the online banking system at a very fast speed and have their balance arrive instantly, greatly reducing their time cost,” said Ciara Sun, Vice President of Huobi Global Markets.

By depositing GBP via this new channel, users would be able to purchase digital assets with their GBP balance directly. In the first two weeks, the platform will hold a promotional campaign where users could deposit GBP using this new channel for free, after which each deposit would require a transaction fee of £1. In addition, Huobi’s Quick Buy/Sell service allows users to enjoy zero transaction fees when purchasing digital assets with their GBP balance.

“Clear Junction Ltd. is registered in the UK and has years of experience in the payment space and extensive knowledge of risk and compliance. In addition to providing existing pound sterling users with a diversified and convenient way to purchase digital assets, we’re continuing to operate in a compliant manner to offer users a secure trading experience” Ciara added.

Currently, Huobi supports fiat-to-crypto gateways for five fiat currencies: EUR, RUB, UAH, KZT and GBP. To activate the GBP fiat-to-crypto gateway, users are required to complete a Tier 2 KYC procedure after registering an account with Huobi.

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Totus Wealth Management Launches with Cetera https://fintecbuzz.com/totus-wealth-management-launches-with-cetera/ https://fintecbuzz.com/totus-wealth-management-launches-with-cetera/?noamp=mobile#respond Thu, 06 May 2021 13:30:25 +0000 https://fintecbuzz.com/?p=22652 Texas-based team supports $2.4 Billion in Assets Cetera, a leading financial advice firm, has announced the affiliation of the newly launched Totus Wealth Management. The Texas-based team supports a reported $2.4 billion in wealth management assets. Led by President & CEO, James Starnes, the practice offers full-service financial planning, a complete suite of wealth management services and an array of insurance and protection products. With the need for greater representation within our profession and access to sound financial guidance ever...

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Texas-based team supports $2.4 Billion in Assets

Cetera, a leading financial advice firm, has announced the affiliation of the newly launched Totus Wealth Management. The Texas-based team supports a reported $2.4 billion in wealth management assets. Led by President & CEO, James Starnes, the practice offers full-service financial planning, a complete suite of wealth management services and an array of insurance and protection products.

With the need for greater representation within our profession and access to sound financial guidance ever increasing, Cetera and Totus are aligned in creating opportunity for multi-generational and diverse financial professionals. Both firms are committed to advancing the profession and expanding the delivery of an Advice-Centric Experience® to more investors.

Totus’ culture is rooted in serving investors as true fiduciaries and delivering best-in-class service. Starnes shared, “Our diverse team is comprised of individuals with a combined over 60 years-experience. We take what we call a unique “Experts Together” approach focusing on financial solutions and life’s planned and unplanned events. Cetera allows us to expand our vision and better serve multi-generational clients across a larger geographic footprint.”

Totus, the Latin word for ‘the whole or total’ inspires both the name and the firm’s approach to client service.  Starnes will be joined by a team of six producing financial professionals and four support staff with plans for immediate growth. The firm has offices in Houston and Woodlands, TX with plans for expansion.

Sandra Diaz, Totus’ Chief Operating Officer, commented, “We go beyond financial planning to understand one’s aspirations and dreams. Then together, we analyze risk and opportunity, and implement a plan to help achieve those goals. We continually look ahead for what’s next and help you navigate smart financial decisions for both the planned as well as life’s unexpected events. This high-touch approach requires constant communication and we’re looking forward to enhancing our outreach with the technology and marketing solutions offered by Cetera.”

Brett Harrison, head of Cetera’s independent channel commented, “At Cetera, we believe in a world where financial well-being and the path to provide it is accessible and achievable for everyone. The Totus Wealth team embodies this belief and aligns with our efforts to provide an environment that’s diverse at all levels. We’re thrilled to welcome them and their clients to Cetera.”

Cetera is actively recruiting top talent including financial professionals affiliating direct or in a branch model, tax professionals, banks and credit unions and regional teams (OSJs) with a focus on driving growth and a superior service experience. Totus Wealth Planning will affiliate with Cetera Advisors LLC.

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Coastal Bridge Advisors Named Gold Winner of 2020 NYX Award https://fintecbuzz.com/coastal-bridge-advisors-named-gold-winner-of-2020-nyx-award/ https://fintecbuzz.com/coastal-bridge-advisors-named-gold-winner-of-2020-nyx-award/?noamp=mobile#respond Mon, 26 Apr 2021 13:30:36 +0000 https://fintecbuzz.com/?p=22502 Firm earns prestigious win in website category

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Coastal Bridge Advisors, LLC an independent wealth management firm, today announced it was named as a gold winner of the Website category in the 2020 NYX Awards.

The NYX Awards aims to recognize and celebrate innovative and distinctive marketing communications concepts. Centered around Coastal Bridge Advisors’ commitment to “Uncomplicate It” for its clients, the firm’s 2019 rebrand was designed to serve as a direct embodiment of its central mission.

The NYX Awards, which judged 1,616 entries from 33 countries, is an international awards competition open to all marketing communications and videography professionals whose creative expertise and proficiency are celebrated.

“We aim to address even the most complex or potentially challenging parts of the financial management process and deliver them to our clients in simple, clear terms. Doing this allows our clients to make informed decisions at every step in the process,” Coastal Bridge Advisors President Jeffrey Fuhrman said. “Rethinking the structure of our website was a major part of our efforts to reflect the ease and simplicity of working with us. At every step of the way, we want clients to know whether they visit us virtually or in person, we’re here to help.”

Coastal Bridge Advisors boasts an award-winning brand strategy, which continues to resonate with clients and capture the attention of leading industry stewards of effective marketing and creative work, earning the firm three Muse Creative Awards, four Summit Creative Awards and two Summit Marketing Effectiveness Awards.

The firm collaborated with Dave Wang Design (a visual brand design agency), John Parikhal (formerly a top international marketing expert, now a partner in management consultancy Breakthrough Management LLC) and Bob Gourley (a freelance web designer) on its rebrand.

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TrustSwap Announces Incubator Program https://fintecbuzz.com/trustswap-announces-incubator-program/ https://fintecbuzz.com/trustswap-announces-incubator-program/?noamp=mobile#respond Thu, 22 Apr 2021 14:30:34 +0000 https://fintecbuzz.com/?p=22472 Verso to Become the First Incubator Project to Launch on Avalanche

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TrustSwap, a full-service digital asset ecosystem focused on smart contract applications, today announced the launch of its first incubator project, Verso, a marketplace of payment services and financial products for apps, on Avalanche, an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. The TrustSwap Incubator Program is a new initiative that will serve as the catalyst for innovative and emerging startups within the blockchain sector. With full support and consultation each step of the way, TrustSwap is a one-stop-shop for accelerating the growth of new crypto projects.

“As a startup ourselves, we couldn’t be more pleased to launch this program and help other projects like Verso bring innovative ideas to life,” said Jeff Kirdeikis, CEO of TrustSwap. “With the right tools and guidance, a simple idea can transform into an industry-changing phenomenon. The crypto community has been immensely supportive and helpful throughout the TrustSwap journey, our goal is to help provide others with the same opportunities needed to succeed in this highly competitive industry.”

Verso is an easy and intuitive marketplace for all highly-regulated financial industries. Its goal is to provide millions of mainstream consumers with access to financial products and services previously not available to the public. TrustSwap will enable Verso with hands-on guidance and direction throughout each step of the business development process – from the foundations of forming a crypto company to the specifics of brand building and operational success.

The consultation areas of the TrustSwap Incubator Program include:

  • Tokenomics: Token distribution, incentivizing positive behavior in the network, and coordination of the Token Generation Event (TGE).
  • Business Development and Operational Support: Support on technical developments, marketing, whitepaper, team mentorship, and more.
  • Networking and Counsel: VC Roadshow. Strategic direction on connecting with influencers, private investors, public raise, exchanges, among others.
  • Creative Direction: Guidance on website development, graphic design, and marketing materials.

Following successful completion of the TrustSwap Incubator Program, Verso tokens will be offered via the TrustSwap Launchpad, on the 25th of April. TrustSwap is currently accepting applications for future Incubator Program participants, projects interested in signing up can complete this application form.

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CircleBlack Partners with Robertson Stephens https://fintecbuzz.com/circleblack-partners-with-robertson-stephens/ https://fintecbuzz.com/circleblack-partners-with-robertson-stephens/?noamp=mobile#respond Thu, 22 Apr 2021 12:30:23 +0000 https://fintecbuzz.com/?p=22466 Firm Develops Client Portal and Financial Data Aggregator for Rapidly Expanding $2 Billion Independent RIA

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CircleBlack has partnered with Robertson Stephens, a rapidly growing national registered investment advisor (RIA) with over $2 billion AUM, to serve as the firm’s digital hub, including a one-stop client portal as well as a centralized platform that seamlessly connects various third-party applications.

For more information on CircleBlack and Robertson Stephens, visit https://www.circleblack.com/ and https://www.rscapital.com/

CircleBlack’s capabilities allow advisors to choose solutions from a wide range of technology providers and applications that work best with their own platforms—unlike larger platforms that often lock advisors into inflexible plans with functions and providers which they would not normally use.  CircleBlack technology allows RIAs, RIA aggregators, Turnkey Asset Management Programs (TAMPs) and Custodians to:

  • Choose premium fintech providers through an open architecture
  • Seamlessly integrate with existing tools
  • Aggregate data from multiple custodians

“As a unified, ‘best-of-breed’ provider, CircleBlack addresses the limitations of today’s wealth management industry,” said Alex Sauickie, CircleBlack CEO and President. “We allow digitally progressive firms like Robertson Stephens to integrate their various technology providers to deliver a clean, sophisticated portal for their clients.  By integrating the technologies with our platform, we are able to accelerate growth by ensuring their technology evolves as quickly as they do.”

Robertson Stephens, a national wealth management firm that has quadrupled its assets since its inception in 2018, is committed to building a best-in-class digital experience for advisors and clients.  With technology being a foundational and driving force of the firm’s success, platforms like CircleBlack help enhance advisor workflows and experience, so that they can ultimately deliver better wealth solutions to their clients.

“Technology presents an ever-evolving opportunity to sharpen our competitive edge, boost our productivity, and strengthen our client relationships as we continue on an accelerated path of growth,” said Vikram Chugh, COO of Robertson Stephens. “CircleBlack’s platform allows us to provide an optimal client experience by aggregating all of their data in one location and providing advisors the ability to present their clients’ personalized financial plans and actionable insights.”

The partnership is one of several multi-year deals CircleBlack has signed recently as part of its own growth surge, orchestrated by a newly installed management team. In addition to expanding its domestic and international reach, it is growing and diversifying its solutions with the market’s latest offerings. In addition to its current integrations for CRM, risk analytics and financial planning, CircleBlack is working to add popular applications for automated marketing, automated billing and payments, and investment portfolio building services that allow advisors to review client statements to identify problem areas of previous advisors.

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IntellectEU Launches AI platform VELMA for Wealth Management https://fintecbuzz.com/intellecteu-launches-ai-platform-velma-for-wealth-management/ https://fintecbuzz.com/intellecteu-launches-ai-platform-velma-for-wealth-management/?noamp=mobile#respond Tue, 20 Apr 2021 13:30:08 +0000 https://fintecbuzz.com/?p=22434 VELMA is an AI platform that enables financial advisors to provide personalization in every aspect of the customer lifecycle. The platform learns from both client and product data to increase customer satisfaction and make advisors more efficient and effective.

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Traditional asset managers aim for a minimum capital requirement of 200,000 to 300,000 euros for which personalized investment advice is provided. However, a recent report found that 60% of these high net worth individuals are unhappy with the level of personalization provided and 33% are uncomfortable with the high costs. These trends signal the need for a transformation of the current way of working. A transformation in which technology and the smart use of data are central.

Maxim Piessen, Product Manager VELMA:
“Automated personalization was introduced by major tech companies (Amazon, Netflix, Facebook, …) and has become an integral part of most aspects of daily life. In wealth management, however, more personalization equals a greater time investment for the advisor. VELMA puts the technology that is being used by the big tech companies in the hands of the asset manager to create a better customer experience for their clients.”

Advisers devote a large part of their time to finding new clients and figuring out investment ideas for existing ones. Based on customer and product data, VELMA’s machine learning models provide new actionable insights. For example, these models identify prospective clients and give advisors information that can better cater to their needs and create new business, while also providing the ability to provide new investment ideas for existing clients every day. The platform is available as of today at sandbox.velma.ai where users can take part in a comprehensive product tour that guides them through all aspects of the platform.

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