Welcome to the Wealthtech Weekly, your roundup of the latest news and trends in the fintech industry.

What’s going on:

• Ritholtz Wealth Management buys BlackRock's business spinoff
• Euronext and Allfunds no longer have a deal
• Orion reveals a new compliance tool
• Wealth Dynamix has a new Chief Strategy Officer
• BridgeFT receives a 2023 Wealth Management Award
• Equisoft nets funding to back its expansion
• New survey pins vectors of Wealthtech’s evolution
• Advisors are increasingly willing to invest in Wealthtech solutions

Let’s zoom in on these updates.

Once next-gen software inevitably becomes outdated and degrades into a legacy system at some point. This transformation is unavoidable and can have harmful consequences, even threatening the future of your business. In the finance industry, where any chunk in the armor can quickly turn into a fatal security breach, neglecting the modernization of legacy systems can be a risky gamble.

In this article, I will tackle this issue and provide solutions to overcome the most difficult challenges associated with legacy software. By modernizing your outdated systems, you can reap the benefits of new opportunities. Learn how to break free from legacy software issues and move your business to the next level.

Welcome to the news highlights of this week.

What’s going on: ATP tells everyone to calm down, AJ Bell presents an alternative funding transaction option, Raymond James adds new education series for financial advisors, and Groundfloor is set for its annual fundraising. Let’s zoom in.