Product and Services Launches – 8/28/24

YCharts Announces Holdings Integration With Broadridge’s Wealth Aggregation Platform

YCharts Inc., a cloud-based investment research and client communications platform, announced its integration with Broadridge’s Wealth Aggregation platform, a provider of solutions-based tools for holistic communication and data aggregation.

By integrating with the Wealth Aggregation platform, YCharts users can leverage both platforms. With easy access and importation of client account data, according to YCharts, advisers can save time on portfolio management processes.

Clients will benefit from being able to upload financial statements and portfolio positions directly into YCharts, reducing manual entry and ensuring accurate portfolio management.

The platform also offers portfolio and comparison reports that simplify complex data, enhancing asset gathering and client retention. Additionally, analysis of client portfolios across performance metrics and asset allocations ensures consistent and informed communication on investment recommendations.

AI Risk Partners With Fynancial to Bring AI to Wealth Management

Artificial Intelligence Risk Inc., a provider of artificial intelligence governance, risk, compliance and cybersecurity software, announced a partnership with Fynancial LLC, a social financial platform for the wealth management industry. Fynancial will integrate AI Risk’s AIR-GPT technology into its platform.

“By combining Fynancial’s robust platform with AIR-GPT’s advanced capabilities, we are empowering advisers to enhance efficiency, improve client experiences, and mitigate risks, all while meeting anticipated SEC compliance rules around AI and cybersecurity,” said Alec Crawford, founder and CEO of AI Risk, in a statement.

AIR-GPT consolidates multiple AI tools into one platform to enhance adviser productivity. Key features include pre-meeting readouts, audio transcription for notes, predictive responses for communications, AI-assisted writing for content and sentiment analysis of client interactions.

“By incorporating AIR-GPT into our platform, we are enabling advisers to leverage the benefits of AI while adhering to strict regulatory requirements and giving their clients the best service possible,” said Patrick Parker, Fynancial’s chief product officer, in a statement.

Moss Adams Launches AI Business Services

Moss Adams LLP, an accounting, consulting and wealth management firm, announced new artificial intelligence consulting services. Moss Adams AI services provide a means through which businesses can tailor AI solutions to meet their objectives.

“Our team combines former executives familiar with the rigors of growing a business and professionals with deep, practical experience in AI, allowing us to meet organizations’ unique needs in harnessing the value of this technology,” said Michael Parker, a consulting partner in Moss Adams, in a statement.

Moss Adams AI services include two offerings, one focused on generative AI and the other focused on machine learning. Through the firm’s generative AI services, businesses can create a central knowledge center that employees can use to access organizational data. Clients gain augmented workflows that align with their IT stack and structure.

Moss Adams works directly with organizations to identify use scenarios for generative AI, navigate change management, deliver user training and provide additional guidance that may be needed.

Two Saver’s Match Resources Now Available

Retirement Clearinghouse LLC has launched two new Saver’s Match resources that offer plan sponsors, plan providers and participants consolidated information about the Saver’s Match, as well as a new saver-focused tool—the Saver’s Match Estimator—which will calculate an estimated matching contribution under the program.

For qualified retirement savers, the Saver’s Match will provide a federal matching contribution up to 50% of the first $2,000 of annual workplace retirement plan or individual retirement account contributions per individual, for a maximum matching contribution of $1,000 per tax year.

The Saver’s Match Estimator is designed to give an individual retirement saver an approximation of the size of a federal matching contribution they could receive under the new Saver’s Match program, set to go live in 2027. Eligible savers can qualify for a federal matching contribution based on their adjusted gross income, tax filing status and tax year contributions to a retirement savings account.