Advyzon Funding Administration, a turnkey asset administration program underneath the Advyzon platform, has named Scott Smith its chief income officer.
Smith started his over 20-year monetary companies profession as a relationship supervisor and vp of gross sales at TD Ameritrade Institutional, the place he served for 2 years. He then spent 4 years every as vp of gross sales at Constancy Institutional Wealth Companies and relationship supervisor at Schwab Advisor Companies. He was vp of enterprise improvement at BNY Mellon | Pershing for over three years and vp and regional director at Envestnet for 3 years.
Most just lately, Smith served as head of central division RIA custody gross sales at Goldman Sachs for the previous three years.
Advyzon launched Advyzon Funding Administration in March 2022.
In February, Advyzon Funding Administration introduced a partnership during which they started serving because the TAMP for Nebo Wealth.
Ken Denman Joins TIFIN’s Board of Administrators
AI platform TIFIN has appointed Ken Denman to its board of administrators.
Denman is a normal associate at enterprise capital agency Sway Ventures and serves on the boards of Costco Wholesale and Motorola Options. He was president and CEO of Emotient, which Apple acquired in 2016. Earlier than that, he was additionally CEO at Openwave Programs and iPass Inc.
The TIFIN board at the moment consists of TIFIN CEO and founder Dr. Vinay Nair; Rob Heyvaert, founder and managing associate of Motive Companions (who joined the board in Might 2022 as a part of TIFIN’s $109 million Sequence D funding spherical); Tom Tinsley, former managing director of Basic Atlantic and former CEO of Baan Software program N.V.; Cathie Wooden, CEO and CIO of ARK Make investments (who joined the board in July 2021); Glenn Hubbard, director of the Chazen Institute, and dean emeritus and professor of finance and economics at Columbia Enterprise College (and President George W. Bush’s chief economist); and Anil Arora, senior associate at TIFIN and former CEO of Envestnet | Yodlee.
Vestwell Expands Its Partnership With J.P. Morgan Asset Administration’s On a regular basis 401(okay)
Vestwell this week introduced an expanded distribution of J.P. Morgan Asset Administration’s On a regular basis 401(okay), its office financial savings platform for small companies. Amongst some newly launched capabilities is the power for monetary advisors to function a 3(38) funding supervisor on the office retirement plan.
The partnership was initially introduced in Might 2023. In December, the record-keeper-as-a-service, and employer and particular person financial savings platform supplier introduced its Sequence D funding spherical, which introduced in $125 million.
Based in 2016, Vestwell has now additionally turn into this system administrator or file keeper for 80% of the reside auto-IRA applications in the USA.
