Skip to content

WealthTech Weekly: January 20, 2023

Welcome to the news highlights of this week.

What’s going on:

- iCapital got Endowus and Blue Owl Capital as partners

- Allfunds gets new head of UK business

- Mako inks a strategic partnership with PortfolioAid

- Orion gets a new exec of its Wealth Management line

- A shocking number of advice companies skip research on tech solutions

Let’s go bit by bit with this news.

Big moves

NY-headquartered wealthtech iCapital will boost the operational efficiency of investment for Endowus, Singapore’s premier wealth management platform. 

This move will allow Endowus to offer its clients an opportunity to tap institutional-class private market initiatives. Also, the firm will get a chance to extend the reach of its private market investment offering to Singapore and Hong Kong.

Read more here


Endowus is not the only partner iCapital tied the partnership knot with. Together with the UK Allfunds, it became the company NY-based Blue Owl Capital teamed up with to scale its retail presence. Through this partnership, investors can explore Blue Owl's credit offerings through the iCapital-managed feeder fund.

Apparently, the collaboration is a response to retail investors' rising interest in private credit and other alternative assets.

Read more here.


Meanwhile, the above-mentioned above industry-leading B2B platform Allfunds has announced Tom Wooders as Country Head for the company’s UK business. Tom will direct the business in this key market as it gains ground and weight and report directly to Chief Commercial Officer.

Read more here.

Next read: Overview of iCapital Network & an interview with CEO Lawrence Calcano.
→ Discover top providers

Orion named Tom McCarthy a new Executive Vice President of Sales for Wealth Management. This appointment will drive Orion’s growth across the industry, fueled by this year’s impressive M&A feats, including the acquisition of Redtail Technology and TownSquare Capital.

Read more here.


Mako Financial Technologies and PortfolioAid have forged a strategic partnership to scale up the outreach of their integrated service offerings.

Through this cooperation, advisors and wealth managers will be able to access top-tier Wealthtech offerings for simplified KYC workflows for client onboarding, portfolio construction, compliance management, and other processes.

Read more here.

Bird’s eye survey

AdviceBridge’s recent research reveals that an eye-watering number of advice businesses never gather information on new technology. Yes, no research at all, you’ve read it correctly. How come?

Read more here.

Up for reading materials on Wealthtech that are not news? Check out more articles below.

Make 2023 the year of Wealthtech with your top-class solution.
→ Discuss opportunities

We bring more than news 

INSART is a Fintech engineering partner who gets to the core and polishes every detail when developing Fintech solutions, integrating the best of traditions into innovations.

  • We assemble dedicated teams for Fintech projects and manage them long-term. 
  • A thorough understanding of financial concepts helps our developers build best-in-class gear. 
  • By fostering a culture of financial literacy across the company, we make our team grow professionally and improve their financial well-being. 

Fact: our expertise saves you at least 25% of the time compared to teams inexperienced in the business domain area. Contact Vasyl Soloshchuk or schedule a call with one of our tech experts to learn more. See you on the innovation side!


Svietoslava Myloradovych avatar
Svietoslava Myloradovych
Content fairy. Verbing around the brightest moments in Fintech for INSART.
Start sending Signals to us! Send us your expert opinions and become our Fintech Expert
Become A Member

Latest Articles