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Citi Wealth Builder is the latest addition to the world of digital investing platforms. Launched by Citi this week, the new solution features a low initial investment of $1,500 and no advisory fees for Citi Priority and Citigold clients on their initial portfolios. Citi Wealth Builder is powered by Jemstep, which demonstrated its digital advisory Read more…
Digital advice solutions provider Jemstep announced today that its Jemstep Advisor Pro app is now live on the Salesforce AppExchange. The app can be used by advisors working with the company’s Advisor Pro digital advice platform, and is configured for Lightning and Financial Services Cloud as well as Sales and Service Cloud. The new app Read more…
When Jemstep was acquired by Invesco a year and a half ago, Invesco CEO Martin Flanagan highlighted the importance of combining technology and human insight to produce better investment outcomes for customers. Today’s news that Jemstep has partnered with KeyBank’s Key Investment Services (KIS), provides another opportunity for Invesco’s roboadvisor to prove Flanagan right. Marc Read more…
Global investment management firm, Invesco, has acquired Jemstep, a startup that provides digital financial planning resources for professional advisers. Terms of the purchase were not immediately available. “We believe investors are best served by partnering with a financial adviser to reach their unique investment goals,” says Martin L. Flanagan, Invessco CEO and president. “Jemstep’s proven Read more…
What do you get when you combine online investment advisory with traditional human advisors? One outcome is Redhawk Online Advisor, a new service made possible due to a partnership between online investment advisory firm, Jemstep, and Redhawk Wealth Advisors, a full-service registered investment advisor. “We’re excited to add this service to our traditional offering as Read more…
When the going gets good for online investment advisory innovators, the good online investment advisory innovators go pro. Jemstep announced the launch of Jemstep Advisor Pro this week at the T3 Enterprise Conference. The technology is a plug-and-play platform that helps financial advisors better onboard, engage, and serve their clients. Kevin Cimring, Jemstep CEO, cited Read more…
A big week for Finovate alumni funding looks likely to finish on a strong note with news that Jemstep has raised $4.5 million as part of a Series A round of investment. The funding included participation from existing investors as well as new investor, Caleo Capital. Jemstep’s total funding now stands at $15 million. The Read more…
This is a part of our live coverage of FinovateSpring 2013. Then, Jemstep showcased its Portfolio Manager platform that individualizes a plan to help users take the right actions to best save for retirement: “Jemstep Portfolio Manager is an easy-to-use online service that helps people lock in more money for retirement. It gets to know Read more…
The wealth management industry has seen increased press coverage lately. Take, for example, The Economist’s recent piece discussing how increased competition from startups has tempted clients into moving assets to lower-cost alternatives. The article mentions DCisions, a startup tackling the big data around client portfolios. It also highlights Personal Capital, which launched at FinovateFall. The Read more…
Jemstep, an online investment guidance startup that tracks over $170 million in investments, announced today it received $6 million in funding. This installment from private investors completes Jemstep’s Series A funding, bringing the total up to $10.5 million. The California-based startup plans to use the funding for product development, growth, and corporate recruitment. To learn more Read more…
Jemstep launched an investment guidance and management service to the public today. The purpose of the free service is to help investors better control their financial future: “Three years in development, the company’s patented investment evaluation technology analyzes more than 20,000 mutual funds and exchange-traded funds (ETFs) to identify the best investment options based on Read more…
Supporting more than 30,000 advisors, representing more than three million end-investors, and servicing more than $1 trillion in assets across its platforms, intelliflo has delivered SaaS-based solutions for the financial advisory industry since its founding in 2004. Headquartered in the U.K. and recognized as one of the leading technology platforms for financial advisors in the Read more…