M1 Finance reported 100% growth in its AUM portfolio in just six months. Panoramix announced a new technology partnership with Shareholders Service Group. Riskalyze announced an enterprise agreement with H. Beck. Prepay Nation announces a global partnership with ACE Money Transfer. River’s Edge Wealth Partners will affiliate with LPL Strategic Wealth Services. Cetera is adding Falkner Financial Advisors to its affiliate group. Ubiquity’s proprietary recordkeeping system Paradigm RKS is now available for BPO services to institutional partners. BNY Mellon announced the launch of its Automated Medical and Dental Payments Solution.
Panoramix, an innovative advisor technology platform, and Shareholders Service Group (SSG), a leading independent RIA custodian, announced a new technology partnership that will provide RIAs working with SSG a preferred pricing arrangement for substantial savings.
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Ubiquity Retirement + Savings® (Ubiquity), a pioneer in flat-fee small business retirement plans, has announced that its proprietary recordkeeping system Paradigm RKS(™) (Paradigm) is now available for business process outsourcing (BPO) services to institutional partners seeking to reach the historically underserved micro-plan market.
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Riskalyze and H. Beck announced an enterprise agreement to deliver risk alignment, investment analytics, and trading technology to the advisors affiliated with the independent broker dealer.
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Personal finance platform M1 Finance has reported 100% growth (US$1bn to $2bn) in its asset under management (AUM) portfolio in just six months. Since reaching the $1bn milestone in February 2020, the company has introduced 229,000 brokerage accounts, itself representative of an 83% increase, and secured $33m in a Series B funding round led by Left Lane Capital.
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River’s Edge Wealth Partners, a New Jersey-based financial advisory team with about $500 million in AUM, is launching a new independent practice that will affiliate with LPL Strategic Wealth Services, the firm announced.
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Cetera is adding Falkner Financial Advisors, a multigenerational family-run firm in Trussville, Ala., to its affiliate group. The business was founded in 1976 and has approximately $100 million in AUM.
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BNY Mellon announced the launch of its Automated Medical and Dental Payments Solution, which facilitates the conversion of claims payments from checks to electronic payments and expedites and simplifies the processing of claims. In addition to generating payments, the new offering provides Explanation of Benefits (EOB) statement delivery, includes 1099 management and processing, is file-agnostic, and allows users payment information status and access through an online portal.
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Prepay Nation announces a global partnership with ACE Money Transfer. Partnership will help immigrant customers to extend support to their friends and family with mobile top up service – digitally.
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