Welcome to the November 2025 situation of the Newest Information in Monetary #AdvisorTech – the place we take a look at the large information, bulletins, and underlying developments and developments which can be rising on the planet of know-how options for monetary advisors!
This month’s version kicks off with the information that RightCapital has introduced a brand new characteristic to streamline the method of switching monetary planning software program platforms by scanning uploaded PDF planning paperwork from eMoney and mechanically importing the info into RightCapital (whereas for its half, eMoney has revealed that it has quietly been utilizing the identical know-how to import shopper plans into its platform for the final yr) – which on the one hand is notable in that it addresses a serious ache level insofar as switching prices is usually a main hurdle for advisors in switching to a special (and higher) software program answer, but additionally raises the query of why AdvisorTech suppliers are selecting to spend money on instruments designed to decrease the (largely self-imposed) value of switching, quite than merely making it simpler for advisors to export and migrate their purchasers’ knowledge and investing extra into enhancing their instruments’ core capabilities as an alternative?
From there, the most recent highlights additionally characteristic a variety of different attention-grabbing advisor know-how bulletins, together with:
- Advyzon has introduced the upcoming launch of a brand new monetary planning providing to enrich its portfolio administration and CRM instruments, elevating questions on whether or not it may possibly proceed its run of extremely rated software program choices, or if it’s going to repeat the struggles encountered by different “all-in-one” suppliers in getting all of their parts so as to add as much as greater than the sum of their elements
- Monetary planning software program supplier Components has reportedly been foreclosed on by its collectors and can possible be both bought to a brand new proprietor or shut down fully – which on the one hand mirror Components’ failure to articulate a transparent worth proposition for itself to advisors after quite a few modifications in its advertising pitch, however at a extra elementary degree is indicative of how “planning gentle” instruments wrestle to resolve the issues that purchasers truly rent their advisors to resolve
- A number of high-profile former AdvisorTech founders have teamed as much as launch Hamachi, a brand new software for rapidly producing AI-created e mail responses to purchasers’ funding questions – which raises the query of whether or not the time spent writing an e mail in response to a shopper query is healthier thought of as an funding within the shopper relationship (and due to this fact well worth the time spent), or if it could possibly be spent extra productively on different duties (through which case it is higher to automate away)?
Learn the evaluation about these bulletins on this month’s column, and a dialogue of extra developments in advisor know-how, together with:
- AI notetaker Leap has introduced its acquisition of the human-driven assembly transcription service Cellular Assistant, representing a shift to a brand new enterprise capital-fueled growth-by-acquisition technique by Leap to consolidate its market share in an more and more aggressive AI notetaker market (and signaling to different notetakers that point could also be working out to achieve traction, or else pivot to a special technique or maybe be acquired themselves)
- Dispatch, a “knowledge orchestration” answer for advisory corporations, has raised $18M in Collection A funding, suggesting that their answer for syncing shopper knowledge throughout a number of know-how instruments (with no need to depend on point-to-point integrations or costly knowledge warehousing instruments) could possibly be gaining traction
And be sure to learn to the top, the place now we have supplied an replace to our fashionable “Monetary AdvisorTech Options Map” (and in addition added the modifications to our AdvisorTech Listing) as effectively!
*To submit a request for inclusion or updates on the Monetary Advisor FinTech Options Map and AdvisorTech Listing, please share data on the answer on the AdvisorTech Map submission type.