Fintech firm Chalice Wealth Partners says it is rolling out a “members only” shared-services technology platform for wealth managers, Chalice Financial Network. Plus, it has hired Derek Bruton, a former LPL Financial executive, to become chief operating officer of both its broker-dealer and RIA.
“Our goal is simple: to solve for the complexities involved in selecting, implementing and consequently navigating between multiple platforms and providers,” said Chalice Wealth Partners Chairman and CEO Keith Gregg, in a statement.
“We’re differentiating ourselves by providing our members with resources beyond just investment management tools,” explained Gregg, who is the former CEO of First Allied Securities and head of national sales for Wachovia Securities, according to his LinkedIn profile. “Chalice offers every solution advisors need to run their businesses smoothly and efficiently, including HR, payroll and group health benefits.”