What You Need to Know
- The new Raymond James Alerts Portal provides increased efficiency and collaboration for financial advisors and their teams.
- Orion Cash and Credit went live on the Orion Advisor Solutions wealthtech platform after a beta program.
- TD Bank launched TD Automated Investing, its first robo-advisor, as well as a hybrid advisor called TD Automated Investing Plus.
Raymond James has rolled out an enhanced portal that it said Tuesday creates “increased efficiency and collaboration among financial advisors and their teams.”
The new Alerts Portal is “fully customizable and allows for multiple ways to organize and forecast tasks for individuals and teams,” the company said. It consolidates firm, department and practice notifications into one centralized dashboard, according to Vin Campagnoli, Raymond James chief information officer.
“Developed with input from financial advisors every step of the way, this new tool supports greater efficiency and collaboration,” Campagnoli said in the announcement. “It simplifies advisors’ processes, ultimately allowing them to spend less time on administrative tasks and more time with their clients.”
“Integration across the Raymond James technology platform enables users to take quick action on any notification,” the company said.
The tool has been fully rolled out to the firm’s advisors and initial feedback has shown “positive impact within branches” of the firm, it noted.
Like all Raymond James technology tools, advisors can access Alerts Portal on their desktops or on the go, the company said. They can also use the firm’s Advisor Mobile app, it added.
Orion Cash and Credit Goes Live
Orion Cash and Credit went live on the Orion Advisor Solutions wealthtech platform after completing a successful beta program, it said on Wednesday.
Orion Cash and Credit, unveiled by the company at its Ascent conference in August, is the result of a joint venture between Orion and Focus Client Solutions. The new solution will bring competitive cash management, credit options and other personalized banking services for high-net-worth clients directly to the Orion platform, Orion said at the time.
The new solution helps independent financial advisors become a “one-stop shop for all of their clients’ financial needs,” according to the company.
Orion Cash & Credit allows all advisors doing business with the firm to provide “sophisticated lending and cash management solutions that fully integrate with the firm’s advisor and client portals providing an efficient, simplified experience for advisors and their clients,” it said Wednesday.
“During the well-received beta program, advisors accessed the lending and cash management solutions provided” by Orion Cash and Credit to solve various financial challenges for their clients.