JMP OppZone Services has launched an opportunity zone platform. The administrative platform is designed for investors, project sponsors and entrepreneurs who want to get involved in this new type of tax-advantaged investment.
“Navigating the regulations, creating workable investment structures and dealing with the investment timing requirements [of opportunity zones] can be challenging,” said Samuel Weiser, CEO of JMP OppZone Services, in a statement. “JMP’s primary goal is to create efficiency, transparency and scalability for OZ investors and sponsors looking to capitalize on the new law.”
The platform delivers due diligence, consulting, business support services, administration services and investor compliance for tax regulation.
It allows investors to identify opportunity zone investments and make direct investments across multiple zones, with options to self-direct investment or invest jointly with other families and individuals. Sponsors using the platform will have the ability to pool capital while reducing operational and compliance risk, according to Weiser.
RIA in a Box Launches Cybersecurity Platform
The new platform complements the firm’s MyRIA Compliance solution, empowering RIAs to design, implement and document a cybersecurity program within a single interface.
The platform is designed for firms of all sizes and is focused on the human side of cybersecurity, providing security awareness training, email phishing attack simulation, technology inventory and risk assessment. It also offers firms the ability to build a customized information security policy and includes a vendor due diligence tool announced previously at this year’s T3 conference.
“Helping firms strengthen their cybersecurity policies and awareness of vulnerabilities will not only help advisors sleep better at night but provide their clients added confidence that their personal information is security,” said GJ King, president at RIA in a Box.
The new cybersecurity platform can be purchased as a standalone subscription or bundled as part of a firm’s MyRIA Compliance subscription.
North Capital Introduces Evisor Platform
The Salt Lake City-based RIA, which provides financial planning and portfolio management to individuals, families, businesses and nonprofits has introduced a free financial planning platform for individual investors to access online called evisor.com.