This edition of Wealthtech Roundup features Docupace upgrading its PreciseFP platform, Powder forming an AI advisory board, Orion launching Denali AI, Oasis and AdvisorEngine reporting on AI prospecting, Nitrogen adding AI tax planning to its advisor platform, Envestnet naming Bhaskar Peddhapati as its CTO, Snappy Kraken debuting new CRM integrations, Oasis and Jump on agentic AI, TIFIN Give launching an AI philanthropy platform, Syntax and PM Insights partnering on private market analysis, Arete and Pontera connecting held-away accounts and d1g1t upgrading its platform.
Larry's Take:
I recently brought you the views of several industry experts about AI empowering lead generation. In the same vein, this month we also cover Oasis and AdvisorEngine’s report on AI prospecting tools.
Lead generation is one of the critical areas where you must intricately map out how human and machine work together to produce optimal results. The machine does well in finding the right prospects at the right time, but poorly on warmth.
A machine will never connect with a client on how their favorite football team’s season is progressing, for example. Even tech-savvy, younger prospects want to know they’re trusting a real, relatable human intelligence to manage their investments. These technologies provide advisors with a massive opportunity.
If you would like to discuss this Larry’s Take further, including how these trends might impact your business, please contact me at larry.roth@ascentix.com.
Docupace Upgrades PreciseFP Data Management Platform
Wealthtech firm Docupace announces an upgrade to the user interface for its PreciseFP client engagement and data-gathering software. The new version features smarter organization and new AI tools designed to simplify data collection and enhance the client experience, the firm said.
Upgrades include design and navigation enhancements and the introduction of two new tools: an AI template builder that equips firms to quickly create personalized, client-ready forms, allowing users the option to describe the form they need in natural language, as well as a customizable reporting feature designed to build efficiencies and produce actionable insights – where reports can be run ad hoc, scheduled or triggered by system events.
“This latest release delivers a cleaner, faster and more intelligent experience that makes putting the platform to work in your advisory firm easier than ever,” said Richard Thoeny, Executive Vice President of Product Strategy at PreciseFP. “The new interface and AI features reflect our ongoing commitment to empower financial advisors to spend less time on administrative tasks and more time delivering value to clients.”
Wealthtech Firm Powder Forms Client Advisory Board To Drive AI Adoption
Wealthtech startup Powder announces the formation of a 10-member client advisory board (CAB) it said will serve as a consortium of industry experts with the mission of driving AI adoption that “optimizes operations and fuels new discoveries.” Powder has been developing generative AI agents to automate time-consuming tasks for wealth managers.
The board includes executives from 10 firms: AE Wealth Management, Angeles Wealth Management, BakerAvenue, Ducere Wealth Management, GC Wealth, IEQ Capital, OnePoint BFG, Plante Moran, SCS Financial, Verita Strategic Wealth Partners. The CAB membership team was finalized in early October. CAB will meet with Powder quarterly and collaborate on projects throughout the year, Powder said.
“Our CAB partners are the pivotal ingredient we’ll mix with our world-class technology team,” Parashar said. “By combining their deep industry expertise with our engineering talent, we can create AI that doesn’t just automate tasks, but works alongside wealth managers like a true team member. Together, we’ll focus on building agentic workflows that solve real-world problems and redefine how firms operate at scale.”
Orion Introduces Denali AI Enterprise Intelligence Platform For Advisors
Orion Advisor Solutions announces Orion Denali AI, a new enterprise intelligence platform that it said powers its AI-first ecosystem and transforms how advisors and executives who use the firm’s technology can “turn data into action.” Advisors can ask Denali AI questions — such as “Which clients are behind on their goals?” or “Show me households with concentrated stock positions.” — and have the platform provide insights within seconds, Orion said.
Orion said that the AI system can improve relationships, retention and growth through more personalized client experiences, and that it connects technology beyond Orion’s platform, such as CRM, risk, planning and portfolio management systems. Orion serviced $5.6 trillion in assets under administration (AUA) and $124 billion of wealth management platform assets as of Sept. 30.
“From day one, we built Denali to be AI-native, with architecture that seamlessly integrates data, experience, and insight,” said Reed Colley, President of Orion Advisor Technology. “It’s not just about automation — it’s about empowering advisors with clarity, control, and confidence.”
Oasis Group And AdvisorEngine Release Research On AI Prospecting Tools
Wealth management consultancy The Oasis Group releases a research report on AI prospecting tools, sponsored by wealthtech firm AdvisorEngine. The report reviewed the platforms of Aidentified, Catchlight, FINNY, TIFIN and WealthFeed. It assessed tools on their ability to find, enrich, prioritize and operationalize prospects.
Based on a questionnaire outlining 162 features across 10 functional areas of the five tools, including lead sources, lead scoring and security/data handling, FINNY received the highest score, at 83.15%. It was followed by WealthFeed (78.75%), Catchlight (66.95%), TIFIN (61%) and Aidentified (42.55%).
“One of the biggest takeaways from the study is that advisors can upload their current clients and prospects to several of these tools in order to identify their ideal client persona (ICP), and then use the tool to evaluate their prospects and identify the prospects that they have the highest probability to win,” said John O’Connell, CEO and Founder of Oasis. “If they already know their ICP, some of these tools can be used to identify new prospects that fit their ICP in target geographies.”
Nitrogen Releases New Version With Integrated AI Tax Planning Software
Auburn, California-based Nitrogen announces its fall product release, which includes a new tax tool. AI Tax Center is designed to guide client tax planning conversations with features such as Tax Snapshot — a 1040 visual — and AI Insights data highlights. AI Tax Center launches this month, the firm said.
Other updates to the Nitrogen advisor platform include an AI-driven, plain language research tool; enhancements to the planning and insurance tools; an AI tool that uploads client statements and quickly provides a portfolio view; and an expanded AI Meeting Center with a unified view of past and future meetings and Wealthbox CRM integration.
“By embedding AI across every client-facing experience, we’re revolutionizing how advisors prepare, present, and deliver value,” said Dan Zitting, CEO at Nitrogen. “Our goal is simple: to help every advisor bring greater confidence, clarity, and credibility to the clients they serve.”
Envestnet Names Bhaskar Peddhapati As New CTO
Envestnet announces the appointment of Bhaskar Peddhapati as its new Chief Technology Officer (CTO), following the retirement of Mark Davis. As CTO, Peddhapati will manage technology, engineering and information security at Envestnet, the company said. He will report to Chris Todd, Envestnet CEO.
Peddhapati, who has over 25 years of industry experience, most recently served as Senior Vice President/Head of Mortgage Technology Solutions at Cotality (formerly CoreLogic), where he led its modernization and transformation initiatives across its property data and analytics portfolio. Before that, he spent over a decade at NielsenIQ. Earlier in his career, Peddhapati served in senior roles at Wells Fargo.
“Envestnet is at an incredible inflection point – where technology, data, and AI are converging to redefine how advisors and institutions serve their clients,” said Peddhapati. “I’m excited by the opportunity to help accelerate that transformation – putting technology at the center of our business to create more value for our employees and our customers.”
Snappy Kraken Debuts CRM Integrations With Continuous Synchronization
Ormond Beach, Florida-based Snappy Kraken announces new CRM integrations with continuous synchronization between its platform and advisors’ CRMs. The firm said its real-time, bidirectional integration is the first advisor marketing platform to address the challenge of wealth management firms’ fragmented CRM and marketing systems. By connecting marketing, CRM and analytics in real time, the platform can improve client follow-up, support compliance and drive growth, the firm said.
Snappy Kraken also introduces new dashboards that let advisors track their marketing leads and how much AUM they may bring. The advisor-level view builds on the recent release of the firm’s enterprise-level AUM Pipeline Dashboard.
“Advisors and firms don’t need more software. They need a modern growth stack that fully connects their CRM, marketing automation and analytics,” said Robert Sofia, CEO of Snappy Kraken. “With our updated CRM integration, we’re reinforcing our mission to deliver enterprises and advisors unified marketing technology where every tool works in harmony to drive growth. This release makes that possible with one simple authentication.”
Oasis Group And Jump Report On Agentic AI In Wealth Management
The Oasis Group and Jump say that wealth management firms should understand that AI automation tools amplify both good and bad processes. The consultancy and the AI solutions provider report their findings in a new white paper, “Agentic AI in Wealth Management: Why Strong Processes Are the Foundation of Safe Adoption,” emphasizing that disciplined processes must be a top priority when firms are preparing to deploy agentic AI.
To avoid mistakes or harm from AI agents, firms need to ensure strong standard operating procedures (SOPs) are in place, because if there are flaws in the processes, AI will quickly amplify the errors, the white paper said. When steps are missing from a process, AI agents can hallucinate assumptions or actions in order to fill the gap, potentially causing serious errors. For example, AI agents may suggest investments that are unsuitable for a client.
“Unlike traditional automation, which faithfully executes narrowly defined instructions, AI agents can interpret intent, act across systems, and adapt to new information,” said John O’Connell, Founder and CEO of The Oasis Group. “The promise is significant: faster onboarding, streamlined compliance checks, seamless client communication, and near‐real‐time operational insight. Yet, as with any powerful tool, the outcome depends entirely on what it is given to amplify.”
TIFIN Give Launches AI Philanthropy Platform
Donor-advised fund platform TIFIN Give announces the launch of Louise, an AI-driven philanthropy platform. Named after philanthropist Louise Carnegie, the steward of Andrew Carnegie’s fortune after his death, the AI platform lets donors interact conversationally to search for recommendations of charitable causes, set up donations, track past donations and more.
Louise is designed to simplify and personalize the donor experience on Give by using generative AI to provide answers, resources and suggested actions. It references donors’ past history, interests, family donations, location and other data to find appropriate charities. It can also execute donations, reducing donors’ administrative burden.
“Louise assists donors in several ways that improves the giving experience,” said Raja Musunuru, Chief Product Officer at TIFIN Give. “We are excited to be the first to bring the world of AI to the world of Donor Advised Funds.”
Syntax And PM Insights Team Up To Provide RIAs With Enhanced Private Market Analysis
Financial data and wealthtech firm Syntax Data and private market data specialist PM Insights announce a strategic partnership that integrates Syntax’s proprietary Functional Information System (FIS) for company classification with PM Insights’ dataset covering mid- to late-stage venture-backed private companies. As a result, RIAs and institutional asset managers can access benchmarking that the firms said include sector-specific performance metrics, comparisons of revenue multiples and cross-market competitive intelligence.
According to the firms, this partnership is the first integrated classification system to use institutional-grade indexing methodology for both public and private companies. The platform’s early users are identifying mispriced private investments, increasing the efficiency of public-private portfolios and validating company valuations against competitive data, the firms said.
“Investors need consistent classification and benchmarking across public and private markets,” said Patrick Shaddow, CEO of Syntax Data. “This partnership delivers that capability, giving institutional investors the analytical tools they've been missing for private company analysis.”
Arete And Pontera Partner On Connecting Workplace Retirement Assets
Chicago-based Arete Wealth and New York City-based Pontera announce a partnership to connect advisors to their clients’ workplace retirement assets. The collaboration aims to address the fragmented financial planning that often results from advisors’ inability to manage their clients’ retirement funds held within employer-sponsored plans.
The collaboration enables Arete advisors to access and reallocate held-away accounts through what it says is a secure and transparent connection, within the same view as their clients’ other investments. Advisors will be able to provide more holistic financial planning while keeping client portfolios compliant.
“For too long, advisors have had to treat accounts held-away from their primary custodian differently,” said Steve Wolf, Head of Strategic Relationships at Pontera. “This partnership removes that barrier on outside accounts and empowers advisors to deliver a level of service their clients crave.”
d1g1t Upgrades Wealth Management Platform Architecture
Toronto-based d1g1t announces upgrades to its wealth management platform architecture that increase the speed and capacity of its data processing. Advisors using the platform will experience faster and better performance in operations like reporting, rebalancing and billing, the firm said.
Enhancements include faster data loading and processing, increased scalability, fewer disruptions and the ability to link research documents to securities to simplify due diligence, d1g1t said. New features — such as notetaking, recording of client events, contact management and relationship tracking tools — are designed to make it easier for advisors to deepen their client relationships.
“This new version is not just an upgrade; it’s the foundation for the next generation of innovation in wealth management technology,” said Benoit Fleury, Chief Product Officer and Co-Founder at d1g1t. “Combining architectural excellence with powerful new functionality enables our clients to serve more investors more effectively while maintaining the personalized digital experience that wealth management firms need to differentiate themselves in today’s market.”
Wealth Solutions Report can be reached at info@wealthsolutionsreport.com.
