Northern Trust Asset Management’s Emotomy digital investment platform has been redesigned with enhancements including simplified navigation, 10x speed improvements and access to all U.S. securities exchanges.
“Further modernization initiatives” are planned “over the next year that will further meet the needs of advisors and investors,” according to Sabrina Bailey, president of Emotomy.
“Our goal is to continue to build out Emotomy’s capabilities based on client feedback, allowing advisors to spend less time on administrative tasks and more time doing what matters most to their practice,” she said in a statement.
The latest release of the Emotomy platform is “just one in a series of 2020 updates” the company says “have combined to deliver enhanced performance, heightened cybersecurity, greater access to open-architecture investment strategies and improved custodial interfaces.”
The platform recently created a new single sign-on experience for Schwab advisors that allows seamless access to Schwab Advisor Center via Emotomy, creating workflow efficiencies by getting assistance faster. The platform also added a new series of exclusive portfolios, including a multi-factor income one for advisors seeking income in a low-yield environment.
Northern Trust said last year it entered into an agreement to acquire Belvedere Advisors, the owner of Emotomy.
IncomeConductor Adds Tiered Pricing
WealthConductor has launched a new tiered pricing structure for its IncomeConductor retirement income planning software allowing advisors to find a plan that best fits their practices.
IncomeConductor is now available at two pricing levels: $50 a month (or $540 if paid annually) for a Basic plan or $249 a month (or $2,700 if paid annually) for a Premium plan.
The Basic version gives advisors full access to IncomeConductor’s dynamic plan editor, on-demand video training, monthly roundtable continuing education webinars and personalized client reports.
The Premium version adds one-on-one case consulting, personalized marketing materials, account data integrations, plan tracking dashboard, automated practice and de-risking alerts and one-click client review reports.
Advisors can also opt to white label IncomeConductor to their firms’ retirement income service brands.
Addepar Gets New Funding
Wealth management tech platform Addepar has closed on a $117 million Series E funding round led by WestCap Group.