The company has already completed 14 deals this year and has an “excellent” pipeline that includes a mix of new partners and merger opportunities, said Focus Financial founder and CEO Rudy Adolf.
The addition of Simon brings the total number of asset managers and product manufacturers on the iCapital platform to nearly 300, according to the company.
Here's the rest of the week’s news from the adviser fintech companies that aren’t on vacation.
At a hearing Thursday on scams and risks in the crypto and securities markets, senators on both sides of the aisle pitched legislation to protect investors from harm.
The company named Josh Gray as its new chief technology officer, promoted former senior vice president of marketing Justin Boatman to chief product officer and hired Craig Clark as first chief marketing officer.
Condor Capital grades the best robo-advisers across 45 metrics, including financial planning, access to human advisers and cost.
The provider of outsourced investment management and financial technology appointed Ransom as group head of ESG, a new role at Envestnet.
The two companies had competed on providing cybersecurity and technology management for independent registered investment advisers.
A roundup of the week's fintech developments, including news from eMoney, Onramp Invest, Tifin, Panoramix and iCapital.
Hassan, who will succeed Tom Naratil as president of UBS Americas, has served as Morgan Stanley’s chief digital officer and led the launch of Schwab’s robo-adviser.
