Advisor360 °, which provides integrated technology for wealth management firms, has launched Tandem, its first customer relationship management( CRM) tool targeted specifically for independent registered investment advisors( RIAs).

The enhanced CRM provides a reporting engine, a secure document management vault, financial planning integrations, as well as a modern client-facing portal to advisors, according to the Weston, Mass.-based firm.

Tandem, which is cloud-based, enables independent RIAs to use secure tools that are powered by artificial intelligence. The tools will automate financial workflows as well as handle regulatory requirements seamlessly, the firm said.

Specifically, Tandem will synchronize and automate financial planning, client recordkeeping and reporting. It also provides a compliance-ready design so every action is logged and auditable to meet SEC and Reg BI requirements, firm officials said.

Wealth. Com Makes Estate Planning Easier With New Tool

Tempe, Ariz.-based estate planning platform Wealth. com has introduced Scenario Builder, an estate planning tool for financial advisors, wealth planners and estate attorneys. It offers them real-time calculations of estate tax implications. It also enables advisors to modify assumptions over time.

Scenario Builder lets advisors create and evaluate complete estate strategies in a matter of seconds and calculate and visually represent tax implications, wealth-transfer efficiencies and more. It also compares different scenarios at the same time, according to the firm.

The tool proactively plans for the future by incorporating anticipated events such as asset sales, major gifts and charitable pledges. It will also provide advisors with a better understanding of estate value and tax liability.

LPL Launches Alternative Investment Platform

LPL Financial has launched LPL Alts Connect, an alternative investments platform that the firm says will streamline the way advisors and clients access and manage alternative investments.

Alts Connect includes a dashboard where advisors can receive real-time order status updates and access to fund information. It is available to LPL’ s financial advisors and the wealth management practices of many financial institutions. There is no charge for the platform, and advisors can access it through LPL’ s advisor platform, ClientWorks.

The platform aims to improve advisor efficiency with a one-step process for pre-qualifications. Advisors will not need to resubmit information for each transaction. LPL compliance will also review the documents before clients sign them, the firm said.

Libretto Offers Customer Letter Writing To Advisors With One Click

Los Angeles-based Libretto, a fintech firm offering financial planning and investment software to financial advisors and family offics, announced a new feature that will let advisors create personalized, highly graphic, white-label client letters with the click of a button. This gives advisors the chance to offer personalized advice at scale.

Advisors can open the letter builder tool from within a client strategy. Once it’ s launched, they then pick a template and create a custom table of contents that will highlight the subjects addressing a client’ s specific needs.

After that, Libretto handles the rest by creating a narrative that includes client-friendly charts as well as graphics, so clients have content that is geared specifically for them. The content of the letter is created using generative artificial intelligence, the firm said.

Adams Street Partners Offers Education Resource For Private Market Advisors

Adams Street Partners, a Chicago-based private markets investment management firm, has introduced the Adams Street Advisor Academy, which will serve as a private markets educational resource for advisors.

It is a library that houses a wide variety of content, including a guide to navigating private investing.

Advisors can find the Advisor Academy within Adams Street’ s Private Wealth Solutions website. They will find detailed insights into basic private market concepts, common private markets investment strategies, and essential industry terminology.

The new library is the latest in the firm’ s current offering of products and services. The goal of the academy is to provide core educational content for advisors who want to better understand the private markets, a firm official said.

College For Financial Planning Launching ETFs Training For Advisors

The College for Financial Planning, a Kaplan Company, has launched an ETFs & Portfolio Construction certificate program for financial advisors, doing so in collaboration with BlackRock’ s iShares. The new certificate program will help advisors by providing resources and tools that they can use for better conversations with their clients about the potential opportunities that ETFs bring to portfolios, according to the College for Financial Planning.

Among other things, the program explains the fundamentals of ETFs and highlights the global trends that are transforming the industry; it also explains the ways advisors can use ETFs to create a broad, diversified portfolio.

The on-demand course is available through the college’ s learning platform. Participants have up to 120 days to complete it.

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