Axos with Michael Watson | E345

Fintech Impact

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Dodano seven lat temu

Treść dostarczona przez The Fintech Impact Podcast and Jason Pereira. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez The Fintech Impact Podcast and Jason Pereira lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.

rok temu 27:49

MP3•Źródło odcinka

Episode Highlights:

00:09: Introduction to Axos Advisor Services and its aim to integrate custodian servicing with banking for RIAs.
00:27: Michael Watson expresses his pleasure in joining the conversation and discussing Axos' services.
00:34: Axos' journey from being one of the first digital banks founded in 2000 to expanding into commercial banking and securities by acquiring a clearing firm and eventually E-Trade's custody business.
03:07: The evolution of Axos from its inception as Bank of Internet to a comprehensive digital and commercial banking provider.
05:20: Watson emphasizes Axos' commitment to outstanding service, citing the differentiation in their approach to onboarding RIAs and providing personalized, efficient solutions.
08:32: The conversation moves towards Axos' capability in providing digital workflows and eliminating operational inefficiencies through automation.
13:55: Early feedback on Axos' integrated banking and brokerage services following their launch, highlighting the digital convergence for an improved client experience.
16:33: The discussion includes the initial success of banking offerings since launch and the eagerness among RIAs to adopt these services.

Key Takeaways:

Axos Advisor Services aims to be a pivotal player in blending custodial services with banking for RIAs, leveraging its digital bank foundation to offer streamlined, efficient solutions.
The acquisition of E-Trade's custody business illustrates Axos' strategic initiative to diversify and enhance their offerings in a competitive market.
Commitment to service excellence and the integration of digital banking functionalities are central to Axos' strategy in fostering relationships with RIAs and their clients.

Tweetable Quotes:

"In a world where digital transformation defines success, Axos brings banking and custodial services into a new era for RIAs." - Michael Watson
"Service excellence isn't just a goal; it's our commitment to every RIA we partner with." - Michael Watson
"Advisors need banking solutions that understand and complement their unique offerings, not compete with them." - Michael Watson

Resources Mentioned:

Facebook – Jason Pereira's Facebook
LinkedIn – Jason Pereira's LinkedIn
Woodgate.com – Sponsor
Podcast Editing
https://www.linkedin.com/in/michael-watson-33222a1/

Hosted on Acast. See acast.com/privacy for more information.

371 odcinków

#Jason Pereira #Fintech #Business #Fintech Impact

Axos with Michael Watson | E345

Fintech Impact

59 subscribers

published rok temu

Udostępnij

MP3•Źródło odcinka

Episode Highlights:

00:09: Introduction to Axos Advisor Services and its aim to integrate custodian servicing with banking for RIAs.
00:27: Michael Watson expresses his pleasure in joining the conversation and discussing Axos' services.
00:34: Axos' journey from being one of the first digital banks founded in 2000 to expanding into commercial banking and securities by acquiring a clearing firm and eventually E-Trade's custody business.
03:07: The evolution of Axos from its inception as Bank of Internet to a comprehensive digital and commercial banking provider.
05:20: Watson emphasizes Axos' commitment to outstanding service, citing the differentiation in their approach to onboarding RIAs and providing personalized, efficient solutions.
08:32: The conversation moves towards Axos' capability in providing digital workflows and eliminating operational inefficiencies through automation.
13:55: Early feedback on Axos' integrated banking and brokerage services following their launch, highlighting the digital convergence for an improved client experience.
16:33: The discussion includes the initial success of banking offerings since launch and the eagerness among RIAs to adopt these services.

Key Takeaways:

Axos Advisor Services aims to be a pivotal player in blending custodial services with banking for RIAs, leveraging its digital bank foundation to offer streamlined, efficient solutions.
The acquisition of E-Trade's custody business illustrates Axos' strategic initiative to diversify and enhance their offerings in a competitive market.
Commitment to service excellence and the integration of digital banking functionalities are central to Axos' strategy in fostering relationships with RIAs and their clients.

Tweetable Quotes:

"In a world where digital transformation defines success, Axos brings banking and custodial services into a new era for RIAs." - Michael Watson
"Service excellence isn't just a goal; it's our commitment to every RIA we partner with." - Michael Watson
"Advisors need banking solutions that understand and complement their unique offerings, not compete with them." - Michael Watson

Resources Mentioned:

Facebook – Jason Pereira's Facebook
LinkedIn – Jason Pereira's LinkedIn
Woodgate.com – Sponsor
Podcast Editing
https://www.linkedin.com/in/michael-watson-33222a1/

Hosted on Acast. See acast.com/privacy for more information.

371 odcinków

#Jason Pereira #Fintech #Business #Fintech Impact

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9 weeks temu40:36

40:36

In this episode, Jason Pereira interviews Chanddeep Madaan, the CEO and founder of Aya Care, a health spending account provider in Canada. The discussion focuses on Aya Care's mission to remove financial barriers for accessing health and wellness services. Madan explains how Aya Care uses technology to streamline the process, reducing the hassle of reimbursement, and enabling employees to utilize health spending accounts easily. They also explore the economic impact of traditional insurance versus the flexibility offered by Aya Care's solution. Episode Highlights: 00:09: Introduction of the episode featuring Chanddeep Madaan, discussing his company Aya Care and its role in health spending account management. 00:46: Chanddeep Madaan expresses gratitude for being invited to the podcast. 00:51: Madan shares the inspiration and mission behind starting Aya Care, highlighting financial barriers in accessing health services in Canada. 02:32: Jason Pereira aims to understand out-of-pocket expenses in existing health plans versus health spending accounts. 02:49: A breakdown of out-of-pocket expenses, including dental, vision, and the non-coverage areas such as fertility and mental health services. 06:32: Benefits of health spending accounts in Canada compared to similar models in the United States. 07:31: Madan critiques bloat in healthcare administration costs and positions Aya Care as a cost-effective alternative. 08:29: Pereira and Madan discuss the feasibility of Aya Care's solution being adopted by traditional insurance companies. 09:17: Aya Care introduces Visa cards for direct health service payments, reducing financial strain on employees. 11:58: Madan outlines different reimbursement experiences between traditional insurance, HSAs, and Aya Care's innovative solution. 15:48: Pereira elaborates on employer attitudes and cost-control mechanisms in traditional vs. new-age health spending. 21:54: Examination of the employee-centric approach fostering healthier and more productive workforces. 25:10: Challenges and technological advancements in health spending account claims adjudication discussed. Key Points: Aya Care aims to innovate by removing friction in health spending account processes, contrasting traditional methods. There is an emphasis on using AI to streamline the claims adjudicating process, making it instant and cost effective. Madaan focuses on creating customizable spending accounts tailored for specific needs, such as mental health and fertility. Tweetable Quotes: "Removing financial barriers to access health and wellness is our mission." - Chanddeep Madaan "Imagine submitting a claim in an app and getting approved before you close it." - Jason Pereira "Our process is too seamless, but that’s what innovation is about." - Chanddeep Madaan "Aligning people towards a common mission has been challenging yet rewarding." - Chanddeep Madaan Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://ayacare.com/about-us/ https://www.linkedin.com/in/cmadaan/ Hosted on Acast. See acast.com/privacy for more information.…

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April with Ben Borodach | E361 25:45

10 weeks temu25:45

25:45

In this episode, Jason Pereira interviews Ben Borodach, co-founder and CEO of April, a FinTech company focused on integrating tax calculations into financial apps to help users make smarter financial decisions. Ben discusses his entrepreneurial journey, challenges faced when building April, and the importance of simplifying tax processes for consumers. The conversation delves into how April's technology leverages data to create a more efficient and seamless tax filing experience. It also touches on the potential for positive disruption in the financial industry by embedding tax-related services in financial apps. Episode Highlights: 00:09: Introduction to the podcast and guest Ben Borodach of April. 00:55: Ben discusses his background and the creation of April. 01:46: His experience at Deloitte and the shift to financial tech. 02:33: Ventures into finance, technology, and company incubations. 03:25: The unbundling and re-bundling of financial services. 04:12: Tax as a neglected yet critical financial record-keeping tool. 04:53: Using tax data for better financial outcomes for consumers. 05:39: Identifying and acting upon the opportunity in tax technology. 06:26: Choosing technology as the path for building April. 07:10: Challenges in turning tax law into accessible code. 07:50: Creating a user-friendly tax engine. 13:09: Initial reactions from financial institutions to April's concept. 14:41: Addressing the question of core competencies in tax services. 16:05: Room for improvement in the tax filing user experience. 17:41: April's better, faster, and cheaper approach to tax filing. 19:19: Overview of the process and partner interactions with April. 22:09: April's goal to embed in major financial interactions. 23:40: Wish for improved technology partnership with the US government. 24:23: The biggest challenge faced: building the tax engine. 25:24: Excitement about contributing positively to the American economy. Key Points: Embedding tax services within financial apps can simplify tax processes and leverage financial data. A technology-first approach is crucial for creating scalable, efficient tax solutions. Partnering with financial institutions presents both an opportunity and a challenge for Fintech innovations. There is significant room for improvement in the tax filing experience, aiming for user-friendly, real-time processes. April is positioned to reshape financial interactions by making tax services a core component of financial apps. Tweetable Quotes: "Nobody was really doing a great job of everything altogether." - Ben Borodach "The tax code is more of an expression of our collective social fabric than just a taxation law." - Ben Borodach "Our incentives are aligned with delivering a great efficient tax experience." - Ben Borodach "We're part of the American story, contributing positively to its economy." - Ben Borodach Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/benborodach/ https://www.getapril.com/ Hosted on Acast. See acast.com/privacy for more information.…

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Jump Capital with Yelena Shkolnik |E360 34:52

11 weeks temu34:52

34:52

In this episode of Fintech Impact, host Jason Pereira interviews Yelena Shkolnik, Partner at Jump Capital, a venture capital firm specializing in fintechs at the Series A level. The conversation explores the firm's approach to investments, particularly how they evaluate companies transitioning from startup to a more established phase, focusing on consistent, repeatable revenue streams and team dynamics. They discuss the transition from founder-led sales to institutionalized processes and provide insights into market trends, product validation, and scaling strategies, all within the fintech sector. Episode Highlights: 00:39: Yelena provides an overview of Jump Capital, noting their focus on Series A investments and their team distribution between Chicago and New York. 02:30: Jason discusses Series A investments as a pivotal stage where a company must have a clear product-market fit. 02:48: Yelena outlines what Jump Capital looks for in Series A companies, emphasizing revenue and team capabilities. 04:29: The thematic investment perspective and the experience Jump Capital brings in understanding market trends are discussed. 06:30: The concept of "consumerization" of enterprise services is explained, illustrating how enterprise buying mirrors consumer behavior. 08:07: Jason and Yelena talk about the advantages of founder-led sales in the early stages and the evolution to professional sales processes. 10:05: Jason and Yelena discuss ensuring product-market fit and how VCs discern this at different stages of a company's lifecycle. 16:18: Yelena describes the balance between taking customer feedback and innovating beyond customer requests. 21:07: Yelena discusses exceptions for investing in earlier or later rounds, mentioning thematic alignment and potential strategic advantages. 26:03: Final advice is given on how startups can effectively approach VCs, with a focus on team dynamics and long-term vision. Key Points: Transitioning from founder-led sales to a structured sales process is essential as companies grow. Revenue diversification and customer base analysis are pivotal for investor confidence. The "consumerization" of enterprise tech shows a shift towards more user-friendly and organic adoption models. Venture capital firms value thematic investment perspectives and industry insights in potential investments. Tweetable Quotes: "At Series A, it's when it gets real; you've got to have figured something out to attract that kind of money." - Jason Pereira "We shine in helping companies scale right after they've found product-market fit." - Yelena Shkolnik "It's not just about sales cycles but understanding the buyer's journey and enterprise complexities." - Yelena Shkolnik "The consumerization of enterprise sales mirrors how we now give control to the buyer." - Jason Pereira Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://jumpcap.com/team-members/yelena-shkolnik/ https://www.linkedin.com/in/yelenashkolnik/ Hosted on Acast. See acast.com/privacy for more information.…

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Focal with John Connell | E359 31:06

12 weeks temu31:06

31:06

In this episode of Fintech Impact, Jason Pereira interviews John Connell, CEO and Co-founder of Focal, an AI-driven meeting notation software. They discuss Focal's mission to enhance client relationship management for financial advisors, emphasizing proactive AI solutions beyond simple note-taking. John shares insights on Focal’s development journey, the role of AI agents, and the niche they are carving in the wealth management and tech landscape. They also explore the importance of regulatory compliance and the challenges and opportunities faced in integrating AI into financial advisory workflows. Episode Highlights: 00:11: Jason introduces the podcast and guest, John Connell of Focal. 00:30: Jason discloses his advisory role in Focal. 00:35: John appreciates Jason's insights into the product. 00:42: Jason introduces John for a marketing pitch on Focal. 04:25: Jason makes a humorous remark about his avatar existence. 04:36: John concludes on Focal's mission and evolution since launching. 04:49: Jason addresses competition and the value of industry-specific AI tools. 06:49: Jason shares his impressions of John’s approach compared to other AI providers. 08:15: Jason notes Focal's broader approach and understanding of advisor workflows. 09:22: Discussion on leveraging Focal's data capture capabilities for actionable insights. 10:49: John explains capturing data as foundational to Focal’s long-term vision. 12:03: A deeper dive into AI agents and their potential for financial advisors. 17:13: Exploration of surprises and unexpected paths in Focal’s journey. 18:12: John acknowledges Focal’s success in identifying untapped opportunity spaces. 19:15: Discussion on the broader implications of AI in the advisory industry. 20:24: Insights into data management, security, and AI compliance challenges. 22:11: Jason highlights the importance of architecting for compliance from the start. 24:11: Conversation on the challenges and mindset necessary for industry disruption. Key Points: Focal aims to revolutionize advisor-client relationship management through AI-driven tools beyond basic note-taking. Despite many generic AI note-taking solutions, Focal’s industry-specific integrations and compliance give it an edge. Human validation remains essential as AI tools begin supporting advisor workflows with potential for complete automation. John’s leadership reflects a commitment to ethical AI deployment and addressing industry-specific regulatory challenges. Tweetable Quotes: "AI is not just about capturing data, but how you leverage it for actionable insights."- John "Proactive AI is redefining what an advisor can accomplish for their clients."- Jason "Trust but verify, especially when it comes to AI in financial workflows."- John "The real impact of AI is empowering the underdog to scale their capabilities."- John Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.meetwithfocal.com/ https://www.linkedin.com/in/john-l-connell-79a57424/ Hosted on Acast. See acast.com/privacy for more information.…

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Springline Advisory with Tim Brackney | E358 25:02

13 weeks temu25:02

25:02

In this episode of Fintech Impact, host Jason Pereira interviews Tim Brackney, CEO of Springline Advisory, about their innovative approach to scaling mid-market advisory and accounting firms through the implementation of advanced technology and strategic acquisitions. The discussion covers SpringLine's inception, their private equity backing, and how they help firms transition from a localized operation to an enterprise-level structure, allowing them to focus more on their core competencies. Brackney also explains how the company's business model gives these firms a competitive edge in a large yet underserved market. The episode emphasizes the importance of maintaining the essence of the founding firm while leveraging technological advancements to facilitate organizational growth. Episode Highlights: 00:10: Jason Pereira introduces Tim Brackney, CEO of Springline Advisory, discussing the company’s role in helping mid-market advisory firms scale through technology. 00:37: Brackney gives an overview of Springline's history and goals. 01:35: Discussion on the market opportunity and fragmentation in the accounting and advisory industry. 02:28: Challenges faced by mid-market firms when scaling are explored. 04:27: Discussion on when firms typically start conversations about joining SpringLine. 04:57: Firms entering Springline already have some level of professional management. 05:34: The complexities of scaling from mid-market to enterprise are discussed. 06:42: Brackney elaborates on the timing of firm conversations with Springline. 08:12: The criteria for choosing firms to join Springline are explained. 08:43: Emojis in merging firms and handling transitions were discussed. 10:48: Discussion on changes in firms’ growth ability post-acquisition. 12:19: The venture-backed aspect of the business model is outlined. 13:30: Conversation about structuring deals that include equity. 14:34: Discussion on the tools and foundation set for Springline's success. 15:34: Various stages of firm development and adaptation are discussed. 16:29: The value of being an early adopter is outlined. 16:59: Potential size and growth strategy for Springline are explored. 18:53: Vision for long-term growth within the mid-market sector. 21:31: Brackney voices a wish for more talent retention in the industry. Key Points: Springline Advisory is committed to helping mid-market firms scale effectively through technology and strategic acquisitions. The company focuses on maintaining strong client relationships while enabling firms to grow with the support of expert management and tech solutions. Springline’s unique approach offers a viable path for mid-market firms to remain competitive and achieve sustainable growth. Tweetable Quotes: "Springline is about scale plus soul, allowing firms to grow without losing their identity." "Mid-market firms face unique challenges that require innovative solutions to overcome scaling barriers." "We are finding and keeping talent by making our firms an irresistible place to work." Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing Hosted on Acast. See acast.com/privacy for more information.…

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Destream with Tachat Igityan | E357 30:40

14 weeks temu30:40

30:40

In this episode of Fintech Impact, Jason Pereira interviews Tachat Igityan, Founder of Destream, a platform designed to help content creators monetize their work more efficiently. Tachat describes Destream as a fintech solution aimed at simplifying payment processes for creators, addressing issues associated with traditional payment systems like PayPal. The discussion covers various challenges faced by content creators in getting compensated fairly and promptly, alongside the complexities of compliance and risk management within financial systems. Tachat also shares his vision for Destream, including potential expansion into financial products such as loans for creators. Episode Highlights: 00:09: Introduction from Jason Pereira and overview of Destream. 00:26: Tachat Igityan discusses the purpose of Destream for content creators. 00:53: Exploration of the complexities in payment systems like PayPal. 01:02: Origin story of the company, identifying payment issues for creators. 02:44: Problems with traditional payment methods and limitations of PayPal. 03:10: Discussion on the insufficiencies of PayPal for creators. 03:30: Importance and legitimacy of content creation as serious work. 04:38: Personal anecdotes regarding PayPal's chargeback issues. 07:14: The growing financial impact of the content creation market. 08:09: Example of Cyprus YouTuber elected to European Parliament. 12:39: Technical solutions and strategy for building a payment platform. 14:41: Explanation of how Destream supports different payment methods. 16:23: User experience and rapid transaction capability of Destream. 17:05: Positive user feedback on Destream’s efficiency and support. 20:35: Plans for growth, including loans for content creators. 23:52: Tachat Igityan’s motivation and enjoyment in changing financial perspectives. Key Points: Destream offers an innovative fintech solution to help content creators receive global payments efficiently, addressing gaps left by traditional systems like PayPal. The platform encounters and resolves compliance challenges, leveraging its in-depth understanding of creators' needs and financial operations. Users appreciate the platform’s user-friendly interface and rapid transaction processes, highlighting the difference compared to traditional banking hurdles. The content creation industry is growing exponentially, with significant revenue potential, necessitating more flexible financial solutions. Tweetable Quotes: "Destream is more about fintech for creators, not about the streaming." -Tachat Igityan "Being known before, not after, is crucial for success in the new age of marketing." - Jason Pereira "Having a million users is better than having a million dollars for election campaigns." -Tachat Igityan "I like what I'm doing, and that's it. If I'm doing the right thing, others will eventually see it too." -Tachat Igityan Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://destream.net/ https://www.linkedin.com/in/tigityan/ Hosted on Acast. See acast.com/privacy for more information.…

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2024 Year End with Jason Pereira and Guy Anderson | E356 37:43

15 weeks temu37:43

37:43

In this episode, Jason Pereira and Guy Anderson engage in a year-end review of the Fintech Impact podcast, covering insights and trends in financial technology over the past year . They discuss the evolving landscape of fintech solutions, AI integration, and challenges faced in areas such as open banking and data aggregation. Various guests and their contributions to sectors like estate planning, tax, and insurance were recalled, highlighting the innovative strides made by companies in these niches. The conversation also touches upon future predictions and aspirations for 2025 in fintech advancements. Episode Highlights: 00:11: Introduction to the end-of-year recap and guest host Guy Anderson. 00:29: Guy celebrates being part of the episode and appreciates the podcast's work. 00:32: Jason and Guy plan to discuss the year’s achievements and developments. 01:16: Elements and its evolution in financial diagnostics is highlighted. 01:28: Jason shares insights on conversations with guests over the years. 02:12: Jason and Guy discuss the importance of being open to repeat visitors. 02:55: Discussion on AI struggles and successes in the financial sector . 04:34: Guy highlights his favorite episodes and discusses letters of intent. 05:42: Episode insights with behavioral finance and AI’s role in advisory. 06:24: Real-world AI application scenarios are discussed by Jason and Guy. 07:04: Guy asks about the top episode Jason favored over the past year . 08:09: Reflecting on educational and engaging conversations with guests. 09:26: Jason recounts memorable episodes and networking experiences. 10:15: Discussing the roots and motivation of fintech entrepreneurs. 10:59: Jason emphasizes the importance of understanding industry pain points. 12:43: Addressing the open banking challenges and Canadian banking systems. 15:53: Critique of Canadian banks' slow technology adoption. 17:00: Jason talks about data aggregator difficulties and banking hurdles. 20:18: Comparison of US and Canadian onboarding and innovation speeds. 22:18: Discussion on the limitations of current bank technology advancements. 24:39: Overview of a distinctive episode featuring facet wealth's business model. 26:37: Assessing AI’s impact and misconceptions in the tech space. 28:10: The future potential of AI in enhancing user experiences. 30:53: Jason previews upcoming guests and episode themes for 2025. 33:26: Jason's thoughts on transformative industry advancements. 36:13: Reflections on open banking and standardizing industry data. 37:02: Closing remarks and acknowledgments for the successful year. Tweetable Quotes: "Understanding the real problem is the key to creating impactful fintech solutions."- Jason Pereira "AI is not here to replace us; it's here to make us more human advisors."- Jason Pereira "Open banking remains a crawl over glass for our data rights in Canada."- Jason Pereira "In fintech, the longer the time goes, the more differently our businesses will operate."- Jason Pereira Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing Hosted on Acast. See acast.com/privacy for more information.…

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Brightwave with Mike Conover| E355 30:36

16 weeks temu30:36

30:36

In this episode of Fintech Impact, Jason Pereira interviews Mike Conover, CEO and Co-founder of Brightwave, an AI-driven investment research platform. Mike discusses how Brightwave leverages machine learning and artificial intelligence to provide insightful financial analysis by synthesizing data from multiple sources and uncovering patterns. The episode delves into the challenges of using AI for financial research, the advantages of Brightwave's approach, and the vision for the platform's future in the industry. Jason and Mike also explore the broader implications of generative AI in high-stakes domains like finance. Episode Highlights: 00:09: Jason Pereira introduces the FinTech Impact podcast with guest Mike Conover, CEO of Brightwave, introducing the AI-driven research platform to the audience. 00:34: Mike expresses his appreciation for being on the show, signalling the start of the conversation about Brightwave. 00:36: Jason asks Mike to describe Brightwave, leading to a concise explanation of the platform's function in investment research. 00:39: Mike explains Brightwave as an AI platform generating valuable financial analysis and insights. 00:51: Jason praises Mike for delivering a concise elevator pitch about Brightwave, setting the tone for the interview. 06:26: Mike credits his co-founder’s deep financial services experience and their team’s technical expertise in enhancing Brightwave’s performance. 07:28: Jason observes differences in how teams approach AI solutions, pointing out the importance of addressing data reliability and network challenges. 08:30: Mike agrees, suggesting that quality AI solutions require a practical, problem-solving mindset for successful deployment. 09:16: Mike discusses Brightwave's focus on financial services, emphasizing accuracy as a key objective in their AI research platform. 12:15: Jason and Mike discuss the behavior of systems trained to find and interpret complex patterns, particularly in financial domains. 24:57: Mike reveals his wish for a more measured approach to AI technology amidst the current hype, focusing on genuine capabilities. 25:40: Jason reflects on the early excitement about AI, predicting a period of adjustment to realistic use cases and applications. Key Points: Brightwave uses advanced AI to synthesize data, uncovering insightful financial analysis beyond conventional methods. Acknowledging AI's limitations is crucial for ensuring practical applications in high-stakes industries like finance. Despite the AI hype, its value lies in powerful data reasoning, not the creation of an all-knowing entity. Tweetable Quotes: "AI in finance isn't about creating a living god; it's about transforming how we reason over text."- Mike Conover "Synthesis, not just data gathering, is where Brightwave creates true value for financial analysts."- Mike Conover "Our challenge is showcasing AI's thought process, making it legible and valuable for users."- Mike Conover Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.brightwave.io/ https://www.linkedin.com/in/michaelconover/ Hosted on Acast. See acast.com/privacy for more information.…

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Asset Map Revisited with Adam Holt | E354 31:08

17 weeks temu31:08

31:08

In this episode of FinTech Impact, host Jason Pereira brings back Adam Holt, CEO and founder of Asset Map, to discuss the evolution of his company and the financial planning industry. They explore the development of Asset Map, a tool designed to simplify financial planning by visualizing complex financial data on a single page. The conversation touches on the importance of efficient client communication and how tech advancements like AI and digital tools can enhance client relationships and financial literacy. They also delve into the broader industry trends and challenges, and the shift towards more comprehensive and conversational financial planning. Episode Highlights: 00:11: Introduction to the episode, featuring Adam Holt, discussing changes in Asset Map since 2019. 00:51: The discussion on the tendency to lose conciseness, leading to interesting, albeit lengthy, conversations. 04:24: Jason praises Asset Map for its simplicity and effective communication of financial information to clients. 05:10: Adam stresses that Asset Map serves as a summary rather than a comprehensive financial plan. 06:34: Understanding client priorities through effective and tailored financial conversations. 08:02: Adam discusses his background in GIS and how it influenced Asset Map's design for spatial financial visualization. 11:48: The importance of engaging both spouses in financial planning dialogues for comprehensive understanding. 14:28: Adam highlights how Asset Map facilitates digital intimacy and client engagement through conversational planning. 17:07: The evolving role of financial advisors in integrating technology with personal client interaction and understanding. 18:26: The industry's shift towards comprehensive financial planning with technological enhancements. 19:02: Discussion on digital tools replacing transactional roles and enhancing advisory conversations. 24:29: Asset Map's addition of legal document tracking to enhance comprehensive planning discussions. 25:11: Asset Map's evolution in helping advisors prioritize financial events through interactive visual tools. Key Points: Asset Map is a tool designed to simplify financial planning by providing a visual summary of clients' financial lives. Efficient client communication and engagement are vital for successful financial planning. Technology, including AI, will commoditize basic financial calculations, emphasizing the value of human interaction in advisory roles. Comprehensive financial planning now requires understanding clients' personal priorities and integrating various financial aspects like tax and legal readiness. Tweetable Quotes: "Asset Map is known for being a household visualization tool used by financial professionals to organize financial inventory." - Adam Holt "There’s a genius and a brilliance to succinctness." - Jason Pereira "We finally have approval and permission to stop solving problems the same way we always have." - Adam Holt Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.asset-map.com/ https://www.linkedin.com/in/hadamholt/ Hosted on Acast. See acast.com/privacy for more information.…

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Convera with Patrick Gauthier | E353 31:13

18 weeks temu31:13

31:13

The podcast features an interview with Patrick Gauthier, CEO of Convera Holdings, who discusses the organization's innovative approaches in the financial technology sector, focusing on cross-border commercial payments. Gauthier highlights the transformation and modernization efforts at Convera post-its acquisition from Western Union, emphasizing the challenges and opportunities embedded in this transition. The conversation revolves around the use of cloud technology, AI, and a significant focus on rendering advanced payment solutions in several market segments. Additionally, the episode explores the strategic direction of the company, underlining the critical importance of cooperation with financial institutions and the adoption of real-time payment systems. Episode Highlights: 00:10: Introduction to the podcast and guest Patrick Gauthier, CEO of Convera Holdings. 00:29: Patrick Gauthier expresses gratitude for being on the show. 00:34: Overview of Convera, a large cross-border commercial payment network. 01:46: Explanation of Convera’s core business value and services offered. 01:51: Historical context on how Convera Holdings was formed from Western Union assets. 03:19: Efforts and challenges in transforming Convera post-acquisition. 03:38: The complexities involved in separating from Western Union. 05:04: Details on modernizing the company with cloud technologies. 06:36: How the company is balancing current services with future innovations. 08:28: Adaptation to cloud telephony for better client services. 10:00: Advantages realized from adopting new technologies. 13:16: Collaboration and competition dynamics within financial services. 15:17: The segmentation strategy in targeting market segments. 19:00: Technological advancements enabling better customer experiences. 21:15: The wish for simplified global payment rail infrastructures. 28:05: Major challenges faced during company extraction from Western Union. 30:00: Motivations behind Patrick’s continued efforts in fintech innovation. 32:01: Conclusion and podcast closing remarks. Key Points: Convera Holdings is leveraging cloud technology and AI to provide innovative cross-border payment solutions. The company has transitioned from Western Union into a separate entity, marking a significant milestone in its growth. Real-time payment systems are seen as a future transformative force in financial transactions. There is ongoing innovation in the fintech sector to enhance user experiences for commercial and consumer payments. Tweetable Quotes: "With the proper level of investments in modernization, we really see an opportunity to better serve our clients." "In many ways, I think there is a need to simplify some of the underlying infrastructure." "We have an opportunity to totally transform how services like ours are delivered." Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://convera.com/ https://www.linkedin.com/in/prxgauthier/ Hosted on Acast. See acast.com/privacy for more information.…

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Forms Logic with Rick Burgess | E352 27:10

19 weeks temu27:10

27:10

In today’s episode, Jason interviews Rick Burgess, CEO of Forms Logic. They delve into the origin of Forms Logic, a platform designed to streamline data collection and form processing for financial advisors. Rick explains the challenges firms face with legacy systems and the inefficiencies that arise from inconsistent data management. They explore the potential improvements in client onboarding, data handling, and operational efficiency that Forms Logic aims to address. The conversation also touches on broader issues in financial services, such as the difficulties in achieving industry-wide data standardization and optimizing processes for better client experiences. Key Highlights: 00:11: Introduction to the podcast and overview of Forms Logic's purpose in the financial advisory sector. 00:53:Rick Burgess presents a concise elevator pitch for Forms Logic. 01:37: Discussion on Forms Logic's origins and how it evolved from solving internal inefficiencies. 02:21: Challenges in financial service onboarding due to diverse forms and data requirements. 03:08: Complexities of designing adaptable systems for financial services. 03:58: The issue of inconsistent data formats among different brokerage platforms. 04:50: Historical stagnation in document digitization and the lack of true innovation in client servicing. 05:35: Generating efficiencies in processes through improved data handling. 07:28: Describing the challenges in uniformity among client onboarding processes. 08:09: Impact of platform variances on acquisition strategies in financial firms. 09:45: The importance of understanding data landscape for effective CRM transitions. 11:26: Industry challenges in creating a universal dataset in financial services. 12:12: Exploring innovation potential in form processing and data normalization. 13:53: The transition from paper to digital in financial record keeping. 14:41: Innovative client onboarding methods that reduce dependency on traditional e-signatures. 16:09: Potential efficiencies through universal datasets and streamlined processes. 18:08: Customizability of processes and the balance between standardization and individuality. 18:57: The potential drawbacks of retaining inefficient big producing advisors. 19:38: Leveraging data to evaluate advisor and employee efficiency. Key Points: Evaluating advisor and employee performance through data can uncover hidden inefficiencies and optimize operations. The financial sector needs to move beyond traditional document formats to embrace true digital transformation. Adopting better data management systems can streamline operations and enhance client experience. Tweetable Quotes: "We make forms not suck." - Rick Burgess "Optionality is painful and expensive." - Jason Pereira "Firms need to evolve into data companies to truly innovate." - Rick Burgess Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.formslogic.com/ https://www.linkedin.com/in/itsalive/ Hosted on Acast. See acast.com/privacy for more information.…

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Subscribe with Rafay Farooqui | E351 29:18

20 weeks temu29:18

29:18

In today's episode of Fintech Impact, Jason Pereira delve into the world of alternative investments and digital transformation with Rafay Farooqui, the Chairman Founder and CEO of Subscribe. Subscribe is a platform designed to address challenges in establishing enterprise solutions for subscription document technology and management of alternative products. The discussion covers the historical context and inspiration behind the creation of Subscribe, its contribution to digital transformation in private markets, and the innovative strategies employed to streamline operations within this industry. Episode Highlights: 00:10: Jason introduces the podcast, Fintech Impact, and Rafay, the CEO of Subscribe, which addresses challenges in alternative investments. 01:23: Discussion on the origins of Subscribe, with Rafay's background at Goldman Sachs informing his insight into digital transformation. 03:15: Explains the concept of democratization and the foundation of Subscribe to focus on infrastructure in the private markets. 04:47: Jason leads into trivia about fractionalization of shares, explaining historical context linked to silver coins. 10:26: Jason and Rafay discuss the complexity of standardizing investment information and the innovative capture of data via Subscribe passports. 14:14: Mention of the end client experience, where they have a simplified interaction through a DocuSign signature. 15:03: Jason discusses the transformative productivity gains seen by firms using Subscribe, resulting in significant resource and time savings. 20:51: Insight into Rafay's extensive experience in the private market, highlighting the importance of understanding and defining problems accurately. 27:00: The discussion touches on risk management and career preservation issues hindering progress in technological adoption. 27:37: Rafay shares his drive to achieve a one-click Amazon-like model for private markets, describing it as a major challenge. 28:58: Discussion wraps up with Jason emphasizing the value of Subscribe for US RIAs and broker dealers facing challenges with alternative investments. Key Points: Subscribe provides an end-to-end enterprise solution to manage alternative investments, addressing pre-trade, trade, and post-trade processes. The platform facilitates significant productivity gains by automating complex, traditionally manual processes. Standardization of investment information through Subscribe passports enhances scalability and reduces time expenditures. Tweetable Quotes: "In a world where we all summon taxis, watch movies, order groceries using a button, an amazon.com for the massive private markets industry doesn't exist."- Rafay "We're building the amazon.com of private markets because it's the everything store: any fund, any investor, everywhere in the world."- Rafay "The undeniable fact that an amazon.com equivalent doesn’t exist for such a large industry should wake everyone up in the morning to build it."- Rafay Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://subscribeplatform.com/ Hosted on Acast. See acast.com/privacy for more information.…

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Episode 350! With John O'Connell | E350 53:50

21 weeks temu53:50

53:50

In this episode of Fintech Impact, Jason Pereira speaks with John O'Connell, CEO of the Oasis Group, about the current trends and challenges in the advisor technology sector, particularly focusing on the U.S. market. They explore topics such as technology integration, cybersecurity, the rise of AI, and the need for standardized tech stacks in financial advisory firms. John shares his experiences and insights while discussing the impact of technology on RIAs and the future role of AI in enhancing efficiency and client service in the industry. Episode Highlights: 00:11: Introduction to the 350th episode with guest John O'Connell, focusing on the advisor technology space. 00:51: Introduction to Oasis Group's role in investment advisory technology. 01:02: Explanation of Oasis Group's services, including technology assessments, cybersecurity, and data analytics. 01:55: Discussing how Oasis Group acts as an outsourced CTO and consultant. 02:31: Exploring trends in U.S. advisor technology for 2024, including private equity and tech stack standardization. 03:47: The shift from individual tech stacks towards standardization for cost efficiency among RIAs. 04:36: The impact of scaling and negotiating advantages in standardized technology stacks. 05:52: How RIAs are leveraging tech stacks for better data management in acquisitions. 06:29: Hosting M&A examples, understanding acquisition strategies at Oracle, and implementing these within finance. 07:10: The dual front of competition: Companies aiming to unify or disrupt established advisors from below. 13:47: The importance of aligning technology choices with business strategies and client identification. 19:14: Understanding the nuances of integrations and common misconceptions. 25:54: John emphasizes creating effective and engaging experiences for clients in the face of potentially daunting tech options. 32:08: Guardrails in AI use to guarantee compliance and minimize risk, particularly regarding sensitive data. 36:18: Evaluating AI functionality and its potential to reshape specific roles in financial services. Key Points: Integration and standardization of tech stacks are becoming crucial for financial advisory firms to manage costs and streamline data management. The industry is rife with opportunities for innovation, particularly in personalized client interactions, data analytics, and tech-assisted efficiency. Advisors must align their technology choices with their business strategies and ensure these tools genuinely enhance client relations and service quality. Tweetable Quotes: "Technology is a force multiplier; if you don't know where you're going, you'll just get nowhere faster." "Solve one problem really well, and people will buy it." "Pick where you want to land on that spectrum, and then just be happy with where that is at the moment." Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://theoasisgrp.com/ https://www.linkedin.com/in/johnokoconnell/ Hosted on Acast. See acast.com/privacy for more information.…

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Column Tax with Gavin Nachbar | E349 21:20

22 weeks temu21:20

21:20

In this episode, Jason Pereira discusses with Gavin Nachbar, CEO and Co-founder of Column Tax, about how they are revolutionizing tax filing by embedding tax services within financial applications. Gavin explains the origins of Column Tax, its mission to simplify tax filing for Americans, and the innovative approach of using API integrations to streamline the process. The conversation also delves into the challenges of tax filing, particularly for self-employed individuals, and the potential future of real-time tax management and planning. Episode Highlights: 00:10: Introduction of the podcast and guest Gavin Nachbar, CEO of Column T ax, discussing their mission to simplify tax filing. 00:28: Gavin introduces Column T ax and its goal to make tax filing effortless in the US through app integration. 01:03: Gavin shares the origin story of Column T ax and personal experiences with tax complexities. 02:02: Discussing the motivation behind addressing tax problems for users and reducing complexity with tax APIs. 03:08: Explanation of partnering with companies for embedding tax services within existing financial apps. 04:16: Examples of Column T ax's partnerships and their benefits for mobile banking and self employment sectors. 05:20: Discussion on the competitive landscape and the approach of being an API utility. 06:15: Workflow examples for mobile banking and self-employed users integrating Column T ax services. 06:59: Explanation of data integration steps and the challenges of establishing connections with data sources. 09:23: Average filing time and how Column T ax helps in simplifying tax processes for users. 11:07: Discussion on future aims of Column T ax for year-round tax optimization and planning. 13:33: Real-time tax status check and planning for a comprehensive financial overview. 14:09: Challenges around education and transparency in tax codes and deductions. 17:23: Identifying eligibility and complexity in tax credit benefits as a challenge to address. 19:07: Addressing the challenges in determining when a product is ready for market release. 19:46: Highlighting the collaborative and motivated professional team as a key driving factor for success. Key Points: Column T ax aims to simplify tax filing by embedding tax services within existing financial apps, saving time and reducing complexity for users. The company's API-first approach allows financial institutions to integrate tax services seamlessly, enhancing user experience. There is a significant opportunity in providing real-time tax status and planning, especially for self employed individuals. The challenge of tax filing stems from the complexity of tax codes and the inefficiencies in data collection and management. Tweetable Quotes: "We're on a mission to make doing your taxes no longer a thing in the US." "We can endure the pain, chew the glass, and save others from it." "In today's world, tax filing should be API-first." Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.columntax.com/ https://www.linkedin.com/in/gavinnachbar/ Hosted on Acast. See acast.com/privacy for more information.…

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Credibly with Ryan Rosett | E348 24:41

23 weeks temu24:41

24:41

In this episode of Fintech Impact, Jason Pereira interviews Ryan Rosett, co-Founder and co-CEO of Credibly, a lending platform designed to facilitate small business loans ranging from $5,000 to $600,000. Ryan discusses the origins of Credibly and highlights their objective to address banking challenges faced by small businesses. He elaborates on the company's unique approach to assessing loan credibility, focusing on cash flow and customer service. The conversation further delves into Credibly's advances in technology, notably utilizing generative AI to enhance industry classification and loan processing efficiency. Episode Highlights: 00:09: Introduction to the podcast and guest, Ryan Rosett, co-founder of Credibly. 00:27: Ryan Rosett expresses appreciation for the invitation. 00:29: Introduction of Credibly and its function as a FinTech lending platform. 00:32: Overview of Credibly's mission and target market, detailing loan sizes and processing. 01:20: Background on why the founders established Credibly and their approach to lending. 04:40: How Credibly’s method alleviates small business concerns and hurdles. 04:40: Ryan elaborates on the application and evaluation process at Credibly. 05:32: Discussion of Credibly's lending evaluation factors beyond credit scores. 06:19: Insight into Credibly's automated lending process and risk-based pricing. 06:54: Value propositions of Credibly, including speed and ease of use. 07:43: Details on Credibly’s transparency and rapid response throughout the lending procedure. 08:19: Contrasting traditional banking processes with Credibly's streamlined model. 11:27: Larger loan evaluations using tax returns and their impact on eligibility. 12:47: Industry-specific customization in evaluating loan risk and profitability. 13:38: Credibly's breadth in industry service, extending across 300 sectors. 14:18: Application of generative AI to better understand and classify industries. 15:37: AI’s role in improving industry identification and operational efficiency. 16:50: Plans for streamlined user experiences through digital transformation. 17:52: Introduction of online checkout for faster loan approval and funding. Key Points: Credibly simplifies the lending process for small businesses, focusing on efficiency and customer experience. They emphasize cash flow rather than credit score as a deciding factor in loan approval, enhancing accessibility. The company's use of generative AI aims to improve industry identification for better financing offers. Credibly continually evolves its risk assessment models to refine the accuracy of loan approvals and pricing. Tweetable Quotes: "We're offering an easier way for small businesses to access credit." – Ryan Rosett "If you have a good business generating free cash flow, we're interested." – Ryan Rosett "The mantra here is: how do we say yes more often?" – Ryan Rosett Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/ryan-rosett-262b642/ https://www.credibly.com/ Hosted on Acast. See acast.com/privacy for more information.…

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Jump with Parker Ence | E347 34:22

24 weeks temu34:22

34:22

In today's episode, Jason Pereira hosts Parker Ence, CEO and Co-Founder of Jump, a generative AI-based meeting transcription and note-taking service. They discuss the innovations in AI technology, particularly for financial advisors, and how Jump helps automate and assist in meeting preparations and follow-ups to make financial advisors' lives easier. Parker elaborates on the company's unique offerings, how they address the essential but cumbersome parts of financial advising, and the roadmap for the future of Jump. Episode Highlights: 00:09: Introduction of Parker Ence and the concept of Jump, a generative AI-based meeting transcription service. 00:30: Parker Ence thanks Jason and shares excitement about joining the podcast, reflecting on their previous meeting. 00:39: Jason congratulates Parker for winning a tech showcase prize, leading into the focus on Jump. 02:55: Discussing the extensive time taken by administrative tasks and how automation can aid advisors. 03:05: Jason and Parker discuss the origins of Jump, with Parker questioning the traditional time concept in AI progress. 03:59: Insights into Jump’s development, initially aiming to ease note-transcription into CRM data updates. 04:54: Parker shares advice from financial advisors in his circle, supporting the need for improved admin systems. 05:36: Success with client testimonials and Jump's rapid growth since its launch, addressing broad industry needs. 06:36: Delving into current solutions in the marketplace, the role of AI, and Jump’s unique contributions. 07:32: Discussion about legacy technologies like dictation services and how AI marks an advancement beyond these. 09:03: Jason acknowledges the efforts of companies like Zoom, admitting improvements in AI note technology. 24:17: Testimonials and successful use cases, highlighting how Jump assists in remembering key details. 26:04: Future prospects and improvements planned for Jump, including AI agents and analytics expansion. Key Points: Jump integrates AI to significantly reduce the post-meeting administrative burden on financial advisors. By focusing on financial advisors, Jump customizes and enhances the effectiveness of customer engagement. Jump’s growth demonstrates a substantial demand for AI solutions in financial services to streamline workflows. Effective integration with existing tech infrastructures, including CRM systems, is crucial for success and adoption. Data protection and compliance are vital considerations for any AI-enabled financial service tool. Tweetable Quotes: "Nobody wakes up super excited for typing into Salesforce. That's why we focus on automation." - Parker Ence "The first AI tool you use might feel like magic, but it needs to be more than just summaries." - Jason Pereira "Data isn't stuck in models ready to leak out; it's about safe, effective AI orchestration." - Parker Ence Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/parkerence/ https://jumpapp.com/ Hosted on Acast. See acast.com/privacy for more information.…

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Infinite Systems with Ali Zahedi | E346 22:20

25 weeks temu22:20

22:20

In this episode of Fintech Impact, Jason interviews Ali Zahedi, CEO of Infinite Systems, about their comprehensive portfolio management software, Harmony, and its impact on the Canadian wealth management industry. Allie shares the origins of Infinite Systems, emphasizing the company's commitment to providing end to-end, integrated solutions for wealth managers and their move towards exploring inorganic growth opportunities through acquisitions. The conversation delves into the challenges and rewards of building a tech based solution from the ground up, the importance of team cohesion, and the company's future visions focusing on both enhancing existing services and exploring adjacent opportunities. Episode Highlights: 00:10: Introduction to FinTech Impact and today's focus on Infinite Systems and their Harmony platform. 00:29: Ali Zahedi expresses gratitude for being featured on the podcast. 00:32: A brief overview of Infinite Systems is provided. 00:52: The conversation shifts to the origins of Infinite Systems and the identification of industry needs. 02:07: Allie elaborates on the end-to-end services and core components provided by Harmony. 04:33: The challenges of building an all-encompassing system and the internal development strategy are discussed. 05:49: In-house development history, the programming-centric approach, and the importance of system integration. 07:11: Strategies to balance client-specific needs with universal features within the system. 09:04: The implementation and onboarding process for new clients transitioning to the Harmony platform. 10:40: Challenges in data migration and the value of custodial data in the onboarding process. 13:41: Discussion on strategic market focus and the potential for exploring advisory services. Key Points: Infinite Systems has significantly impacted the Canadian wealth management industry with its end-to-end platform, Harmony. The company attributes its success to a strong, internally driven development approach and a commitment to comprehensive, integrated solutions. Future growth strategies include exploring inorganic opportunities through acquisitions and expanding into adjacent service areas. Client feedback emphasizes the platform's comprehensiveness and the superior quality of customer service offered by Infinite Systems. There's a strong belief in the potential for growth through greater risk-taking in the conservative Canadian financial industry. Tweetable Quotes: "Started 20 years ago, Infinite Systems focuses on providing foundational technology to wealth managers." - Ali Zahedi "Harmony was born out of a need for a fully integrated end-to-end portfolio management system." - Ali Zahedi "Our strength is programming, leading us to develop a comprehensive in-house solution." - Ali Zahedi "The biggest reward is our team. Working with best friends and turning visions into reality is the dream." - Ali Zahedi Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.inf-systems.com/management-team/ https://www.linkedin.com/in/zahediali/ Hosted on Acast. See acast.com/privacy for more information.…

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Axos with Michael Watson | E345 27:49

26 weeks temu27:49

27:49

In this episode of Fintech Impact, host Jason Pereira interviews Michael Watson, head of Axos Advisor Services, on how Axos aims to revolutionize the traditional custodial and banking services for RIAs (Registered Investment Advisors). Axos, a digital bank established in 2000, evolved from a consumer-focused bank to a comprehensive provider offering commercial banking, securities business, and custodial services. The acquisition of E-Trade's custody business is highlighted as a strategic move to diversify and solidify Axos' position in the market. Watson details the company's commitment to providing high-touch, personalized services and the integration of digital banking solutions catering to RIAs and their clients, emphasizing the importance of service quality, efficiency, and not competing with advisors for clients. Episode Highlights: 00:09: Introduction to Axos Advisor Services and its aim to integrate custodian servicing with banking for RIAs. 00:27: Michael Watson expresses his pleasure in joining the conversation and discussing Axos' services. 00:34: Axos' journey from being one of the first digital banks founded in 2000 to expanding into commercial banking and securities by acquiring a clearing firm and eventually E-Trade's custody business. 03:07: The evolution of Axos from its inception as Bank of Internet to a comprehensive digital and commercial banking provider. 05:20: Watson emphasizes Axos' commitment to outstanding service, citing the differentiation in their approach to onboarding RIAs and providing personalized, efficient solutions. 08:32: The conversation moves towards Axos' capability in providing digital workflows and eliminating operational inefficiencies through automation. 13:55: Early feedback on Axos' integrated banking and brokerage services following their launch, highlighting the digital convergence for an improved client experience. 16:33: The discussion includes the initial success of banking offerings since launch and the eagerness among RIAs to adopt these services. Key Takeaways: Axos Advisor Services aims to be a pivotal player in blending custodial services with banking for RIAs, leveraging its digital bank foundation to offer streamlined, efficient solutions. The acquisition of E-Trade's custody business illustrates Axos' strategic initiative to diversify and enhance their offerings in a competitive market. Commitment to service excellence and the integration of digital banking functionalities are central to Axos' strategy in fostering relationships with RIAs and their clients. Tweetable Quotes: "In a world where digital transformation defines success, Axos brings banking and custodial services into a new era for RIAs." - Michael Watson "Service excellence isn't just a goal; it's our commitment to every RIA we partner with." - Michael Watson "Advisors need banking solutions that understand and complement their unique offerings, not compete with them." - Michael Watson Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/michael-watson-33222a1/ Hosted on Acast. See acast.com/privacy for more information.…

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Datasoft with Rahim Harji |E344 22:17

27 weeks temu22:17

22:17

In this episode of Fintech Impact, Jason Perra interviews Rahim Harji, CEO of Datasoft Group, a leading online digital effects and payment settlement platform. Harji discusses the origins of DataSoft Group, its flagship platform FX office, and how it facilitates financial transactions globally for small to medium businesses, easing the complex problem of managing money across borders. Additionally, he touches on the challenges and advancements in international payments, regulatory compliance, and the future direction of the company, including automation and integration efforts aimed at streamlining financial processes for businesses. Episode Highlights: 00:09: Introduction to Rahim Harji, CEO of Datasoft Group, discussing the company’s role in facilitating global financial transactions. 00:27: Rahim thanks the host for having him on the show. 00:29: Rahim is asked to elaborate on DataSoft Soft and its services. 01:27: Exploration into the origin story of DataSoft Group and how it came to be. 02:44: Discussion on the common challenges small and medium businesses face with international payments and FX. 04:40: How DataSoft Group helps mitigate issues around opaque exchange rates and associated fees. 07:19: Overview of the full range of services provided by Datasoft Group. 10:22: The productivity benefits clients experience by partnering with DataSoft Group. 12:40: Strategies on how DataSoft Group reaches its customers without a traditional sales team. 17:37: Rahim's wish for instilling more entrepreneurial spirit within the team. 20:09: What excites Rahim about working at Datasoft Group and the fintech industry. Key Takeaways: DataSoft Group is at the forefront of easing the complexities of global financial transactions for small to medium sized businesses. The company’s flagship platform, FX office, helps in mitigating challenges related to international payments and foreign exchange, promoting efficiency through automation. A significant aspect of DataSoft Group's success lies in its ability to streamline regulatory compliance and enhance productivity, reducing the burden on businesses. The company’s ongoing focus on innovation and partnership reflects its commitment to solving contemporary financial challenges while advocating for digitization and strategic financial management. Tweetable Quotes: "We specialize in helping small medium businesses with moving money around the world, simplifying what is usually a complex process." - Rahim Harji "Our platform allows our financial services clients to be transparent, leveraging straight through processing." - Rahim Harji "We believe in power in partnerships; our success is a testament to the brilliant minds and dedication of our team." - Rahim Harji Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.datasoft.global/about/company/who-we-are/ https://www.linkedin.com/in/rahimharji/ Hosted on Acast. See acast.com/privacy for more information.…

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FP Alpha Revisited with Andrew Altfest | E343 36:13

28 weeks temu36:13

36:13

In this episode of Fintech Impact, Jason welcomes Andrew Altfest of FP Alpha, an innovative platform at the intersection of artificial intelligence (AI) and financial planning. Andrew discusses FP Alpha's mission to automate advanced planning for financial advisors, democratizing services previously available only to the wealthiest clients through specialized teams. The platform has evolved to offer a comprehensive suite of tools for advisors, including estate planning, tax scenario comparisons, and integration with other financial tech tools, aiming to make the planning process more efficient and effective. Jason and Andrew delve into the challenges and triumphs of developing and scaling FP Alpha and the broader implications of AI in enhancing the human aspect of financial planning. Episode Highlights: 00:09: Introduction to the episode and guest, Andrew Altfest of FP Alpha, discussing the evolution of his platform in the AI space for financial advice. 00:43: Andrew expresses his excitement to return to the show and discuss the advancements of FP Alpha since his last appearance. 00:51: Andrew details the functionality of FP Alpha, emphasizing automation in advanced planning and the democratization of financial services once available only to the wealthiest. 03:19: Andrew reflects on FP Alpha's journey from its concept to the present day, highlighting the addition of numerous first-of-its-kind features and the broadening of its service offering. 05:02: Andrew discusses new features like estate snapshots and the platform's integration with various data sources to enhance the planning process. 08:06: There's a deep dive into FP Alpha's offerings, including estate lab features, scenario comparisons, and tax planning tools which have been enhanced since 2021. 11:32: Andrew articulates the benefits of integrating advanced planning into advisory services, emphasizing business growth, deeper client relationships, and succession planning. Key Takeaways FP Alpha leverages AI to democratize advanced financial planning, allowing advisors to serve high-net-worth clients more efficiently. The platform fills the gap left by traditional financial planning softwares by automating estate, tax, and insurance planning. Continuous innovation and integration with other financial technologies enhance FP Alpha's usability and comprehensiveness, making it a powerful tool for financial advisors. Tweetable Quotes "FP Alpha democratizes advanced financial planning with AI, opening doors to previously specialized services for a broader client base." - Andrew Altfest "With FP Alpha, advisors can now delve deeper into estate, tax, and insurance planning, areas often overlooked by traditional planning softwares." - Andrew Altfest "True innovation in FinTech, like FP Alpha, doesn't just improve existing tools; it creates new possibilities for advisors and their clients." - Andrew Altfest Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://fpalpha.com/about/ https://www.linkedin.com/in/andrew-altfest-cfp/ Hosted on Acast. See acast.com/privacy for more information.…

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Responsive AI with Davyde Wachell | E342 27:58

29 weeks temu27:58

27:58

In this episode of FinTech Impact, host Jason Pereira welcomes back Davyde Wachell, CEO and founder of Responsive AI, a company focused on leveraging artificial intelligence (AI) to enhance advisor insight and productivity in the financial sector. They discuss the evolution of Responsive AI from its initial concept as a robo-advisory service to its current state offering a next best action ecosystem for financial advisors. The conversation also covers the broader implications of AI in finance, including the challenges of implementing AI solutions effectively and the potential for AI to transform client-advisor interactions for better financial decision making. Episode Highlights 00:44: Davyde expresses gratitude for being invited back to the show. 00:53: Davyde introduces Responsive AI and its flagship product, Prioritize, emphasizing its focus on advisor productivity and insight. 01:34: The discussion dives into the history of Responsive AI, starting from its initial concept to its pivot towards serving advisors. 03:39: Explanation of the "next best action" concept and its various implications in financial advising. 05:00: Insight into the difficulties of implementing AI effectively within the financial sector and the necessity for streamlined data. 07:10: Challenges of integrating complex AI solutions in an industry struggling with disparate and unstandardized data systems. 08:17: How Responsive AI seeks to complement and enhance Salesforce implementations with focused AI applications in finance. 10:23: Discussion about the real-world impact and efficacy of Responsive AI's solutions in improving business processes and advisor-client interactions. 14:19: A critique of the current state of AI hype and the real challenges still facing its application in the financial sector. 18:42: Davyde shares his perspective on the future development of AI and its implications for financial services. 24:48: A wish for the industry to make faster and more honest decisions regarding technology and client service. Key Takeaways Consolidation and improved decision-making are key for financial services to leverage AI effectively. AI's potential in finance hinges on addressing data quality issues and focusing on enhancing advisor-client relationships. Implementing AI solutions like Responsive AI's can lead to significant improvements in productivity and decision-making for financial advisors. The future success of AI in finance requires a balanced approach that combines technology with human expertise and insight. Tweetable Quotes "AI in finance isn't just about the technology; it's about enabling smarter, faster decisions for advisors and their clients.” - Davyde "Data is the fuel of AI, but without proper refinement and focus, even the most advanced AI can't drive financial services forward.” – Davyde "The best AI implementations work as a centaur model –combining the strengths of human expertise with the power of artificial intelligence.” - Davyde Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/davyde// https://www.responsive.ai/about Hosted on Acast. See acast.com/privacy for more information.…

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Orion Advisor Technologies with Brian McLaughlin | E341 46:33

30 weeks temu46:33

46:33

In this episode of Fintech Impact, Jason interviews Brian McLaughlin, President of Orion Advisor Technologies, as he discusses the evolution of Orion and its impact on the FinTech space. Brian shares insights into the challenges of harmonizing technology and teams following acquisitions, and his personal mission to innovate within the industry. He emphasizes the significance of householding in financial planning and the potential of AI to revolutionize the field. Additionally, Brian highlights his aspiration to make financial services accessible to the middle class, underscoring technology's role in reducing delivery costs and improving service. Episode Highlights: 00:09: Introduction of Brian McLaughlin and his role at Orion Advisor Technologies, alongside his significant contributions to the advisor technology industry. 00:32: Brian expresses excitement over finally connecting for the podcast episode, humorously acknowledging the previous push and pull. 00:36: Discussion on the reciprocal podcast guest appearances between the speakers. 00:47: An overview of Orion Advisor Technologies, emphasizing the company's breadth in providing end-to-end technology solutions for advisors. 01:37: Mention of Orion’s status as a major player in the technology space for advisors and the episode's focus on technology over the TAM side. 02:12: Brian shares his history in the industry, including the origin story of Redtail Technology and its growth over the years. 04:53: The pivotal role of creating raving fans as a foundational mantra at Redtail, focusing on delivering exceptional service to both staff and clients. 09:39: Discussion around the importance of integration in the software industry and Brian's approach to open collaboration. 19:37 : Insight into Orion's current focus on AI technologies, including the BFI tools and the transformative potential of AI in the industry. Key Takeaways: The significance of creating a company culture that prioritizes exceptional service can lead to long-term success and market dominance. Integration and collaboration within the FinTech sector are crucial for innovation and providing comprehensive solutions to advisors. Addressing the challenge of defining and harmonizing various aspects of a business, including company culture and technological integration, is key post acquisition. The potential of AI and machine learning to revolutionize the financial services industry, particularly in optimizing operational efficiencies and personalizing client services. Tweetable Quotes: "Creating raving fans is at the heart of our success – focusing on making both staff and clients exceptionally happy." - Brian McLaughlin "Integration is not just about technology; it's about people and companies working together towards a common vision." - Brian McLaughlin "AI has the potential to be a game-changer in financial services, enabling advisors to serve their clients like never before." - Brian McLaughlin Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://orion.com/thought-leader/brian-mclaughlin https://www.linkedin.com/in/redtail/ Hosted on Acast. See acast.com/privacy for more information.…

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Collation.AI with Tanmai Sharma | E340 18:37

31 weeks temu18:37

18:37

In this episode of Fintech Impact, host Jason hosts Tanmai Sharma, the CEO and Founder of Collation.AI. The discussion revolves around how Collation.AI addresses the pervasive issue of data integration challenges within financial services through AI-driven solutions. By focusing on creating a centralized data warehouse and utilizing AI chatbots for workflow operations, Sharma shares insights on enhancing data utility and streamlining services in the sector. Episode Highlight: 00:09: Jason introduces the episode and guest Tanmai Sharma, CEO and Founder of Collation.AI. Understanding the company's mission illuminates the episode's focus on solving data integration and workflow challenges in financial services through advanced AI technologies. 04:29: Sharma underscores the flexibility and scalability of their solution compared to traditional methods, which often rely on manual data management. This part of the conversation emphasizes the efficiency and accuracy benefits of using AI and bots for data synchronization tasks. 08:54: The role of artificial intelligence in enhancing data management and user interaction with Collation.AI's platform is discussed. Sharma elaborates on how AI aids in analyzing unstructured data and simplifying interactions through moderated conversations with a chatbot. 11:11: Discussing the future vision for Collation.AI and the broader Fintech sector, Sharma speculates on the move towards data standardization. This future direction promises to further streamline data handling across platforms, potentially revolutionizing how financial data is managed and utilized. 14:36: Sharma reflects on his professional journey and the evolution of Collation.AI. His insights provide a personal perspective on the challenges and opportunities in leveraging technology to solve complex data issues in the Fintech domain. Key Points: The integration of AI and bot technology in managing financial data can significantly reduce the complexity and enhance the efficiency of data workflows. Collaboration between technology providers and financial professionals is key to addressing the ongoing challenges of data integration, accuracy, and utilization. The journey of adapting advanced technologies in traditional sectors like finance underscores the importance of experience, knowledge, and continuous innovation in solving industry-wide problems. Tweetable Quotes: "It should be a criminal offense to have the data and not use it correctly." - Tanmai Sharma "We're not competing with anyone; our competitor is a human being. Our solution is in a very different zip code." - Tanmai Sharma "Every customer gets a separate data warehouse...it's easier, cheaper, faster, more reliable." - Tanmai Sharma Mentioned Resources: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/tanmai-sharma-9b1777/ https://collation.ai/ Hosted on Acast. See acast.com/privacy for more information.…

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Vanilla with Jim Sinai | E339 21:33

32 weeks temu21:33

21:33

In this episode, Jason Pereira interviews Jim Sinai of Vanilla, an innovative platform changing how advisors and clients engage in estate planning. Vanilla simplifies the estate planning process, making it more accessible and meaningful by integrating technology to facilitate conversations around legacy and wealth distribution. The discussion covers Vanilla's origin, its impact on the advisory industry, and how it enhances client-advisor relationships through strategic estate planning. Episode Highlights: 00:10: Jason introduces the episode and guest, Jim Sinai, the Chief Marketing Officer at Vanilla. Vanilla is spotlighted as a pioneering online estate advisory platform, aimed at fostering deeper connections between advisors and clients through estate planning. 02:52: Jason reflects on the traditional shortcomings of estate planning in the advisory industry and how Vanilla fills this gap by creating a definitive value proposition for clients. 06:28: Jim outlines the typical workflow for clients using Vanilla, illustrating how the platform empowers advisors to offer personalized and impactful estate planning experiences, from initial assessments to executing updated estate plans. 09:38: The destructive potential of poorly organized estates on family harmony is discussed, underscoring the value of thoughtful estate planning facilitated by Vanilla's platform. 11:31: Sinai details the "last mile" of estate planning with Vanilla, explaining how clients come to realize the discrepancies between their current estate plans and their intentions, leading to necessary adjustments or complete overhauls of their documents. 15:05: Jim highlights how Vanilla also serves as a bridge to engage the next generation in estate planning, addressing the common issue of heirs departing from their parents' advisors. 17:24: Jason wraps up the interview by exploring the broader aspirations within the industry and the challenges Vanilla faces in encouraging more advisors to prioritize estate planning in their practice. Key Points: Vanilla is pioneering a shift in estate advisory, focusing on the relationship and conversation between advisor and client rather than just the documents. Effective estate planning can significantly impact family harmony and legacy, addressing concerns beyond simple wealth distribution. The platform engages not only the current generation but also future heirs, ensuring a comprehensive approach to family wealth and legacy planning. Advisors using Vanilla report transformative experiences in client engagement, highlighting the platform's ability to visualize and simplify complex estate planning concepts. Tweetable Quotes: "Vanilla is changing the narrative around estate planning from documents to discussions." - Jim Sinai "Estate planning done right is about building relationships that go deeper than money." - Jim Sinai "Every family has a legacy. Vanilla helps define and protect it for generations." - Jim Sinai Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/jimsinai/ https://www.justvanilla.com/ Hosted on Acast. See acast.com/privacy for more information.…

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Archive Intel with Larry Shumbres | E338 24:59

33 weeks temu24:59

24:59

In this episode, we dive deep into the world of compliance and archiving with Larry Shumbres, CEO, and founder of Archive Intel. Archive Intel leverages AI to revolutionize the way businesses handle compliance, offering a singular platform to manage and mitigate risks effectively. We explore the challenges and opportunities in the sector, the role of AI in compliance, and how Archive Intel is setting new standards for efficiency and user experience. Episode Highlights: 00:10 - Introduction to the podcast. Jason Pereira, the host, welcomes listeners to the show and introduces Larry Shumbres, CEO, and founder of Archive Intel. The discussion sets the stage for a deep dive into the significance of AI-powered compliance in the financial sector. 00:33 - Larry expresses gratitude for the opportunity to discuss Archive Intel on the podcast, highlighting the importance of sharing knowledge on compliance solutions. 00:35 - The inception story of Archive Intel. Larry narrates how conversations with investment advisors and broker dealers highlighted the need for a modern compliance archiving solution, leading to the establishment of Archive Intel. 01:42 - Archive Intel's value proposition. Larry outlines how the platform is designed to streamline the archiving of communications across emails, social media, and texting, using AI to drive efficiency and reduce compliance risks. 02:31 - Addressing the limitations of previous solutions. The conversation shifts to the problems with existing compliance archiving solutions, such as siloed products and the labor-intensive review process, setting the context for Archive Intel's integrated approach. 05:24 - Focusing on the financial industry. Larry discusses the strategic decision to cater exclusively to the financial sector, improving user experience and efficiency by narrowing the platform's focus. 06:10 - Artificial Intelligence in Archive Intel. Larry dives into how AI is used to streamline processes, reduce false positives, and enhance the review process, underscoring the company's forward-thinking approach. 10:42 - Evolution of Archive Intel and AI models. Larry shares insights into the development journey of Archive Intel's AI capabilities, highlighting the iterative process of improvement. Key Points: The advent of AI in compliance represents a pivotal shift towards more efficient and less error-prone processes. Intel's use of AI to handle compliance tasks signals a significant advancement in the field. Specializing in a niche area, like the financial sector, allows for deeper understanding and better solutions for industry-specific challenges. Tweetable Quotes: "Building AI solutions is like teaching a child to walk or talk; it takes time and adjustment." - Larry "Let users communicate on their preferred channels and focus on effectively archiving those communications." - Larry "AI in compliance is not just about automation; it's about elevating the entire compliance process to new standards of efficiency and precision." - Larry Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/larryshumbres/ https://archiveintel.com/ Hosted on Acast. See acast.com/privacy for more information.…

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Vestwell with Aaron Schumm | E337 23:07

35 weeks temu23:07

23:07

In this episode of Fintech Impact, host Jason Pereira interviews Aaron Schumm, Founder and CEO of Vestwell, a revolutionary platform designed to empower employee savings programs across America. Aaron shares insights into how Vestwell is reshaping savings through workplace and direct-to-individual programs, emphasizing tax-preferred savings vehicles. The conversation delves into the pain points that led to the creation of Vestwell, its innovative approach to simplifying savings, and the impact it hopes to have on the financial well-being of millions. Episode Highlights: 00:25: Aaron discusses Vestwell as a backend powerhouse that enables savings programs such as 401k's and IRAs through channel partners, focusing on tax-preferred vehicles and emphasizing the importance of making savings accessible to all. 02:08: Aaron talks about the organic growth of Vestwell to include a wide array of saving programs, driven by a desire to solve broader issues in the savings industry. This part of the discussion illuminates Vestwell's holistic approach in addressing savings needs beyond retirement. 04:15: Aaron elaborates on Vestwell's model of distribution through channel partners, particularly financial advisors, and how it aims to seamlessly integrate savings programs into existing financial ecosystems to enhance scalability and reach. 08:23: Aaron paints a picture of the end-user journey, emphasizing the personalized and engaging digital interface that encourages participation and informed savings decisions. 13:39: The conversation turns to the reception of Vestwell's platform among users and partners, highlighting the balance between innovation and the challenges of shifting away from legacy providers and systems. 18:18: Aaron shares his long-term vision for Vestwell, emphasizing the untapped potential in the savings space and the importance of collaborative efforts to drive meaningful change and financial wellness for millions. Key Takeaways: Vestwell aims to revolutionize the way savings programs are integrated and experienced in the workplace, addressing significant gaps in the market and making savings accessible to a broader audience. The company's growth and expansion signify a broader mission to tackle various facets of financial wellness, from retirement to education and healthcare savings. Overcoming legacy systems and redesigning the user experience were pivotal challenges that shaped Vestwell's trajectory, leading to an innovative platform that prioritizes simplicity and accessibility. Tweetable Quotes: "In our industry, simplifying complex processes is not just a luxury; it's a necessity. Vestwell aims to make savings straightforward and accessible for everyone." - Aaron Schumm "The journey from concept to execution in fintech is filled with unexpected challenges, but overcoming these obstacles paves the way for meaningful innovation." - Aaron Schumm "By focusing on the user experience, we're not just building a platform; we're fostering a culture of savings and financial wellness." - Aaron Schumm Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/aaronschumm/ https://www.vestwell.com/ Hosted on Acast. See acast.com/privacy for more information.…

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F2 Strategy with Doug Fritz | E336 37:17

36 weeks temu37:17

37:17

In this episode of Fintech Impact, Jason Pereira interviews Doug Fritz, CEO and Founder of F2 Strategy. He delves into the complexities technology brings into the financial advisory and brokerage landscape and how F2 Strategy aids firms in navigating and harnessing technology for growth and efficiency. Doug shares insights from his wealth of experience in wealth management technology consultancy, emphasizing the role of data and client experience in the evolution of financial advisory services. Episode Highlights: 00:09: Doug Fritz introduces F2 Strategy, a consultancy specializing in technology strategy for wealth management. With a focus on midsize RIAs, broker dealers, and family offices, F2 Strategy assists in navigating the technological landscape to forward business growth. Doug's background in international equities and executive tech roles underpins his expertise in delivering complex organizational technology solutions. 02:01: The transition to consultancy was inspired by the need for a firm that truly understands the internal challenges of wealth management technology. By harnessing a team of industry veterans, F2 offers unparalleled insights into technology strategy and execution. 04:01: Doug discusses the challenges of cultural change within organizations and how technology is an enabler, not a driver, of such shifts. The journey to integrating new technology is not just about adopting tools but about fostering a culture receptive to change. 07:21: The typical engagement process with F2 involves a deep dive into understanding the client firm's core identity, aspirations, and crafting a tailor-made technology roadmap aimed at facilitating desired growth and transformations. 10:21: Data centralization and leveraging digital client experiences stand out as key trends driving firms to seek F2's expertise. Firms are increasingly aware of the importance of managing and utilizing data effectively to drive strategic decisions and refine client engagement. Key Points: Experience in the trenches of wealth management technology provides unparalleled insights into effective strategy development and implementation. Cultural adaptability and an ongoing cadence of technology evolution within firms are crucial for embracing and optimizing new solutions. Leveraging data and digital client experiences are forefront trends in the industry, with firms increasingly recognizing the strategic value of harnessing these elements for growth. Tweetable quotes: "In our industry, experience matters immensely. Having someone who truly understands the nuts and bolts of wealth management technology can be a game-changer for firms." "The journey toward digital transformation within firms goes beyond mere technology adoption; it's about cultural evolution and readiness for change." "Data is the new gold in wealth management. Firms that learn to centralize and harness their data effectively will lead the charge in innovation and client engagement." Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/dougfritz/ https://www.f2strategy.com/ Hosted on Acast. See acast.com/privacy for more information.…

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Arqa with Haik Sahakyan | E335 26:38

37 weeks temu26:38

26:38

In this episode of Fintech Impact, host Jason Ferreira welcomes Haik Sahakyan, CEO of Arqa, to delve into the transformative capabilities of artificial intelligence in the financial advisory sector. They explore Arqa's innovative approach to extracting and utilizing data from static forms like PDFs, revolutionizing how financial advisors access and interpret vital information. This episode, recorded live at the Wealth Management Edge and Wealth Stack Conference, provides a deep dive into the future of financial technology. Episode Highlights: 01:10: Saha shares his background with Adipar and discusses the widespread dissatisfaction with existing wealth tech platforms. His experience reveals the industry's dire need for better data accessibility, setting the foundation for Arqa's mission. 02:22: The discussion reveals the major challenge in the investment industry is dealing with non-standard, unstructured data formats which hinder potential advancements. Saha illustrates Arqa's solution using generative AI to not only interpret static data but to enhance data accessibility in unprecedented ways. 03:13: Jason inquires about the integration process for new Arqa users, shedding light on the seamless experience facilitated through existing system integrations. This ease of adoption underscores Arqa's potential to revolutionize data handling in financial advisory services. 08:03: A specific use case is discussed, emphasizing the practical application of Arqa's technology in updating client records with information from PDFs. This example vividly illustrates the system's capability to streamline what has traditionally been a manual, error-prone process. 10:16: Jason probes into the checks and balances within Arqa to ensure data accuracy, addressing potential skepticism about AI reliability. Saha's responses outline the robust validation mechanisms that secure user trust in the platform's output. 20:08: Saha elaborates on his wish for the industry to embrace AI and generative technology more openly, reflecting on how this acceptance could lead to monumental shifts in operational efficiency and client service quality. Key Takeaways: The integration of AI in financial advisory services can significantly enhance data accessibility and interpretation, leading to better-informed decision-making processes. The adoption of AI technologies like Arqa can streamline operations, reduce manual errors, and unlock new levels of efficiency for financial advisors. There remains a need for wider acceptance and understanding of AI's potential within the wealth management industry to fully leverage these technological advancements. Tweetable Quotes: "Arqa's utilization of generative AI is revolutionizing how financial advisors interact with data." - Haik "By embracing AI, financial advisors can transform their approach to data analysis, enhancing both efficiency and client service quality." - Haik Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/haikgsahakyan/ https://arqatech.com/en/ Hosted on Acast. See acast.com/privacy for more information.…

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Brand Evangelism with Diana Cabrices | E334 26:00

38 weeks temu26:00

26:00

In this episode of Fintech Impact, Jason Pereira interviews Diana Cabrices, Founder of Diana Cabrices Consulting. Known as the chief hype woman of the Fintech industry in the US, Diana discusses her role in amplifying brands through creative marketing, storytelling, and brand evangelism. The episode provides insightful guidance on how Fintech companies can enhance their brand presence and connect with their audience more effectively. Episode Highlights: 00:11: Jason introduces the podcast and guest Diana Cabrices, highlighting her unique role in the FinTech industry as a consultant focused on brand amplification and storytelling. 00:37: Diana explains her work involves helping FinTech companies, wealth tech companies, and solutions providers for financial advisors to amplify their brand. She details her approach to creative marketing, storytelling, and brand evangelism, emphasizing the importance of presenting solutions in a dynamic and accessible manner. 04:47: Jason queries Diana on what it looks like to collaborate with her, prompting a discussion on her methodology. Diana outlines the initial steps she takes when working with a new client, which include deep dives into the clients customer feedback, sales calls, and marketing materials. 06:29: Diana highlights the value of real customer stories and testimony in making fintech solutions relatable. She explains how she employs social media, content creation, and public speaking engagements to elevate her clients' profiles. 07:47: Diana recounts a specific instance where simplifying a client's value proposition into a relatable benefit significantly resonated with advisors, showcasing her ability to communicate complex solutions effectively. 09:16: A considerable portion of Diana's work involves educating the market on the problems that her clients' technologies are addressing. This education-first approach helps in creating a movement around a product or service. 11:37: Diana reflects on the challenges she faced in recognizing her potential and achieving self-belief. This part of the conversation delves into personal growth and the realization of one's ability to make a significant impact. Key Takeaways: Real, relatable customer stories are crucial in making technology solutions understandable and appealing to a broader audience. Education about the problems a technology solves is as critical as promoting the technology itself, creating a movement around the solution. Balance and health are essential for sustained success and impact, highlighting the need to prioritize well-being alongside professional ambitions. Tweetable Quotes: "In our industry, simplifying complex solutions into relatable benefits is key. It's about making technology accessible and understood." - Diana "Building a movement around a product or service requires educating the market not just about what it is, but the problem it solves." - Diana "Never underestimate the power of real customer stories. They make your solution not just seen but felt." - Diana Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/dianacabrices/ https://dianacabrices.com/ Hosted on Acast. See acast.com/privacy for more information.…

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Potomac Fund Management with Manish Khatta | E333 28:44

39 weeks temu28:44

28:44

In this episode of Fintech Impact, Jason invites Manish Khatta, CEO of Potomac Fund Management, for an in-depth conversation. Unlike the usual Fintech discussions, this episode sheds light on the unique experience of solving technology challenges from within. Manish shares his journey of developing custom tech solutions, navigating partnerships, and the trade-offs inherent in taking control of one's technological landscape. Episode Highlights: 00:10: Jason Pereira introduces the show and guest Manish Khatta, CEO of Potomac Fund Management, setting the stage for a discussion about the uncommon path of solving one's own technology challenges in the asset management space. Manish's role at Potomac as a catalyst for technological innovation will be explored, highlighting how it diverges from the standard FinTech discourse. 01:39: The conversation pivots to Potomac's multi-faceted business model, exploring its structure as a third-party money manager, an in-house TAMP offering, and a provider of mutual funds. This part illuminates the complexities and challenges inherent in operating across different distribution channels and the strategic nuances of each. 05:23: A candid discussion on the lessons learned from initially mistaking development direction and talent. Manish shares the pitfalls of early software development strategies, emphasizing the financial and operational glass ceilings encountered when outsourcing to ostensibly cost-effective development teams overseas. 08:06: The conversation then moves to Guardrails, Potomac's initial venture into custom software development. This part is particularly noteworthy as it sheds light on the iterative approach to technology development, emphasizing the role of feedback and adaptations in refining a tool tailored for financial advisors. 15:11: The conversation circles back to the pragmatic aspects of deploying new tech, focusing on the necessity of a minimal viable product (MVP) strategy. This pragmatic approach to software deployment highlights the business acumen required to balance ambition with executable, incrementally valuable deliverables. 24:06: The dialogue concludes with Manish expressing hope for greater unity and less divisiveness within the industry. His wish for a more collaborative environment and respect for diverse business models and practices speaks to broader themes of professional respect and sectoral progress. Key Takeaways: Innovation within financial technology can come from necessity and internal challenges rather than external solutions. Building on existing platforms via APIs can serve as a powerful strategy for businesses seeking customized tools without starting from zero. Offering proprietary technology as an added value to existing services can strengthen business relationships and foster more engaging user experiences. Tweetable Quotes: "Transforming tech challenges into in-house solutions has set us on a unique path of innovation." - Manish "Learning from the limitations of outsourced solutions propelled us towards taking control of our tech destiny." - Manish Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://potomacfund.com/ https://www.linkedin.com/in/manish-khatta/ Hosted on Acast. See acast.com/privacy for more information.…

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Financial Designs with Rick Scruggs | E332 28:43

40 weeks temu28:43

28:43

In this episode of Fintech Impact, Jason Pereira interviews Rick Scruggs, the CEO and founder of Financial Designs. The dialogue primarily explores how successful advisors can scale their practices by not only enriching their value proposition to clients but also integrating technology to enhance the delivery of their services. Rick's vast experience of over 40 years in servicing family business owners and professionals provides listeners with a blend of wisdom, practical strategies, and a vision for the future of financial advising. Episode Highlights: 00:11: Jason Pereira welcomes Rick Scruggs and gives an overview of Rick's extensive experience in the financial sector, particularly in serving family business owners and professionals. This sets the stage for a discussion on scaling advisory practices through valuable propositions and technological advancements. 02:33: Rick highlights the universal truth of mortality and the significance of financial planning and goal-setting to secure a prosperous future for oneself and their dependents. 07:57: The dialogue touches on the importance of having a strategic business plan and annual reports from advisors to align key employees with the business owner's vision and goals. 13:35: The conversation shifts towards the role of technology in Rick's business. He shares his philosophy on using technology as a tool to provide solid, reliable information that can be shared with a client's entire advisory team. 16:45: Rick outlines the structure of his team and describes the collaborative nature of his business model, highlighting the importance of teamwork in providing comprehensive services to clients. 18:13: A specific technology tool, Value Compass, is discussed as an example of how technology can help business owners understand the valuation of their business and identify areas for improvement. 22:38: Looking towards the future, Rick shares his vision for leveraging technology like AI and digital communication tools to grow his business and serve more family business owners across the country. 27:36: The episode wraps up with Rick expressing what motivates him, focusing on seeing his clients achieve their dreams and impacting their lives positively. Key Takeaways: The power of mentorship and asking the right questions can significantly influence personal and professional growth. Effective financial planning and goal-setting are crucial for securing a prosperous future, acknowledging the inevitability of mortality. Rick Scruggs' approach to integrating technology with a client centred, collaborative business model provides a blueprint for future-forward financial advising. Tweetable Quotes: "We're all here for a short visit on the blue planet. Make a conscious choice on how you're going to live it." - Rick "Nobody wants a drill; they want a one-eighth inch hole. That's how we have to apply technology." - Rick "Teams win games, but a strong defence wins championships. Apply both to your business strategy." - Rick Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.financialdesigns.com/ https://www.rickscruggs.com/ https://www.linkedin.com/in/rick-scruggs-clu-chfc-c-k-p%C2%AE-5257a729/ Hosted on Acast. See acast.com/privacy for more information.…

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RISR with Jason Early | E331 30:59

41 weeks temu30:59

30:59

In this episode of Fintech Impact, Jason interviews Jason Early, the founder and CEO of RISR. Their discussion revolves around how RISR is innovating the way financial advisors interact with and provide value to business owners, aiming to maximize the potential of their businesses. They delve into the challenges and solutions in advising business owners on understanding and leveraging their business value effectively. Episode Highlights: 00:11: Jason welcomes listeners and introduces Jason Early, founder, and CEO of RISR. He highlights RISR's focus on helping financial advisors provide comprehensive advice to business owners, emphasizing the importance of understanding the business's value. 01:21: Early shares the inspiration behind RISR, rooted in the staggering demographics of private company ownership transitioning in the coming years. He emphasizes the need for better tools and technology to serve business owners effectively, addressing a crucial market demand. 03:47: The conversation shifts to the importance of data aggregation and analysis. RISR helps advisors pull together disparate data sources to provide holistic insights into business owners' situations, moving beyond mere valuations to understand the full picture of business health and potential. 08:00: The tech-driven approach of RISR in aggregating business data and providing actionable insights is discussed. This includes highlighting the ease with which business owners can onboard and continually benefit from the platform's insights. 11:29: Early discusses the support RISR provides to financial advisors, enabling them to confidently enter conversations about business strategy and planning, even in areas outside their immediate expertise. 16:08: RISR's ability to track and update business valuation and risk factors in real-time offers businesses and advisors a dynamic tool for monitoring progress and identifying areas for improvement. Key Takeaways: RISR is breaking new ground by equipping financial advisors with the tools needed to comprehensively serve business owners, focusing not just on current value but on strategizing for future growth and stability. The integration of diverse data sources into a cohesive and insightful dashboard empowers advisors to offer nuanced, impactful advice that addresses the specific needs and goals of business owners. Financial advisors are encouraged to adopt a proactive, in-depth approach to business owner advisory, supporting clients through all stages of business lifecycle and transition planning. Tweetable Quotes: "Bridging the gap between financial advisors and business owners requires more than just intent; it requires innovative tools and technology." - Jason Early "Understanding the true value of a business goes beyond numbers; it's about realizing potential and strategizing for the future." - Jason Pereira "Advisors, by embracing technology like RISR, can transform the advice they provide to business owners, making a tangible impact on business growth and succession planning." - Jason Early Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/jason-early-a2379429/ Hosted on Acast. See acast.com/privacy for more information.…

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Lydia with Brian Portnoy and Andrew Smith Lewis | E330 41:40

42 weeks temu41:40

41:40

In this insightful episode of Fintech Impact, Jason engages with Brian Portnoy and Andrew Smith Lewis, pioneers behind Lydia, a groundbreaking venture that marries behavioral finance and artificial intelligence. This dialogue explores how Lydia is set to revolutionize the way financial advisors interact with clients, making the advisory process more human through technology. Episode Highlights: 00:47: Andrew takes the lead to describe Lydia's vision. He portrays Lydia as an empathetic AI collaborator, designed to improve advisors' interactions with clients for better outcomes. He emphasizes the project's humanistic approach, highlighting the ambition to use technology not as a replacement but as an enhancer of human capabilities. This vision challenges conventional fears about technology undermining human roles. 04:12: Both Brian and Andrew narrate their personal and professional journeys, leading up to their collaboration on Lydia. Their stories emphasize the value of cross-disciplinary insights in creating solutions that address complex challenges, like enhancing the advisory process with AI. 18:24: The discussion about Lydia's technological backbone emphasizes its unique approach of remembering and learning from interactions with advisors. This personalized touch demonstrates how AI can be tailored to add value to professional growth and client relationships. 24:41: Toward the end, the conversation pivots to the broader implications of Lydia and similar technologies on the industry. Jason Pereira and his guests contemplate the future of financial advising amid rapid technological advancements, highlighting the potential for transformative change in how advisors connect with and support their clients. Key Takeaways: Lydia represents a significant leap forward in integrating behavioral science and AI to enrich financial advisory services. The technology aims to deepen the advisor-client relationship, making advisory processes more intuitive and empathetic. The collaboration between experts in behavioral finance and AI underscores the potential of interdisciplinary approaches in tackling industry challenges. By focusing on the human aspects of financial advising, Lydia aims to enhance the quality of advice and client outcomes. The development of Lydia emphasizes the importance of personalized learning and growth for financial advisors. Through AI, advisors can gain nuanced insights into their practices, evolving their approach to meet client needs effectively. Tweetable Quotes: "Lydia is about amplifying human brilliance, not replacing it with technology." - Andrew "Understanding your clients goes beyond the financial; it's about human connections." - Brian "In the era of AI, embracing technology to enhance our humanity is not just possible; it's necessary." - Andrew Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/brianportnoy/ https://www.linkedin.com/in/aslives/ Hosted on Acast. See acast.com/privacy for more information.…

1
Taiko with Chris Horvath | E329 17:38

43 weeks temu17:38

17:38

In this episode of Fintech Impact, Jason interviews Chris, the Managing Director of Taiko Advisor. Taiko Advisor, powered by its parent company Taiber Kosmala and Associates, leverages institutional research and technology to offer bespoke investment solutions through an OCIO (Outsourced Chief Investment Officer) model. The conversation delves into the establishment of Taiko, its value proposition for financial advisors, and the nuanced details of operating a tech-enabled OCIO in today's financial environment. Episode Highlights: 00:10: Jason introduces the episode and welcomes Chris from Taiko Advisor, setting the stage for a conversation about how Taiko combines traditional investment consulting with modern technology to create customized investment platforms for financial advisors. 03:41: Delving deeper, Jason probes into the partnership dynamics between Taiko and investment managers, exploring how Taiko sources managers through an institutional lens, and the due diligence involved in these partnerships to ensure clients receive competitive pricing and access to unique investment opportunities. 05:35: The narrative progresses to how Taiko implements these tailor-made investment programs. Chris outlines how strategies are built out within the advisors' systems and how Taiko's unique portal facilitates direct communication and trading requests between advisors and Taiko's back-office team. 07:07: Transitioning to the technology and discovery phase, Chris emphasizes the importance of understanding each advisory firm's unique setup and needs, discussing how Taiko customizes its services to align with clients' existing technologies and processes. 09:48: The conversation wraps up with insights on the ongoing support Taiko provides, including quarterly investment committee meetings that offer in-depth reviews of model portfolios, manager performance, and relevant market observations. 12:56: Looking to the future, Chris speaks about Taiko's plans to expand its offerings, particularly within the alternative investment space, leveraging the team's institutional experience to source compelling private equity, credit, and real assets opportunities. Key Takeaways Taiko Advisor offers a unique value proposition for financial advisors by providing institutional-grade investment consulting combined with scalable technological solutions. The OCIO model enables advisors to outsource complex investment decisions, allowing them to focus on client relationships and business growth. Continuous innovation, particularly in the realm of alternative investments, reflects Taiko's commitment to addressing evolving market demands and advisor needs. Tweetable Quotes: "Leveraging institutional heritage with innovative technology allows us to serve advisors in a scalable format." - Chris "Our aim is to empower advisors to grow their business and serve their clients better." - Chris "Introducing scale to your business doesn't mean losing personalization." - Chris Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor Podcast Editing https://www.linkedin.com/in/cahorvath/ https://www.taikoadvisor.com/ Hosted on Acast. See acast.com/privacy for more information.…

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Practice Intel with Tom Rieman | E328 32:00

44 weeks temu32:00

32:00

In this episode of Fintech Impact, Jason talks to Tom Rieman, CEO and founding partner of Practice Intel. Practice Intel is a platform that leverages a data-driven approach to aid advisors in understanding and expanding the organic growth of their businesses. Through detailed insights into their operational effectiveness and the impact of their advisory relationships, the platform aims to illuminate pathways for improvement and scaling. The conversation delves into the origins of Practice Intel, the role of data in refining advisory services, and how advisors can leverage these insights for substantial growth. Episode Highlights: 00:08: Jason Pereira shares an overview of Practice Intel's mission to enhance advisory growth through data analytics. Tom Rieman expresses enthusiasm about the platform's capabilities and its genesis from a realization of the industry's commoditized nature and the power of data in distinguishing exceptional advisors. 02:32: Tom highlights the transformative potential of bringing industry-level research to the individual practice level, allowing advisors to measure and improve upon key advice attributes as perceived by their clients. This marked a departure from general industry insights to actionable, practice-specific data. 05:47: The dialogue examines the relationship between advisor perceptions of their service quality and client-reported experiences. This gap often reveals areas for significant improvement, illustrating the platform's role in helping advisors close the divide between expectation and reality. 11:12: The conversation turns to the implementation and feedback process for advisors using Practice Intel. Tom shares anecdotes of advisors' realizations and actions following insights gathered from the platform, showcasing the tangible effects of data-driven improvements on advisory practices. 21:03: Tom expresses optimism about the potential to shift a significant portion of the industry toward delivering on the full promise of advisory services through data-driven insights, emphasizing the transformative impact this would have on clients and the profession as a whole. Key Takeaways: The transition from industry-level insights to actionable, practice-specific data can significantly enhance the effectiveness and growth of financial advisory services. Comprehensive advice, deep understanding of client values and goals, and trust form the foundation of high-value advisory relationships that encourage client advocacy and loyalty. Real-time feedback and dynamic insights into the advisory process empower advisors to iterate and improve their services continuously, aligning more closely with client needs and expectations. Tweetable Quotes: "Understanding the gap between how advisors perceive their service and the actual client experience can unlock transformative growth opportunities." - Tom "The power of data is in its ability to prompt reflection, action, and improvement in the most critical aspects of financial advisory." - Tom "Elevating the financial advice profession is not just about enhancing advisor success; it's about fundamentally improving client lives and outcomes." - Jason Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor https://www.linkedin.com/in/tom-rieman/ https://pracintel.com/home Hosted on Acast. See acast.com/privacy for more information.…

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Opto Investments with Ryan VanGorder | E327 22:26

45 weeks temu22:26

22:26

In this episode of Fintech Impact, host Jason Pereira welcomes Ryan VanGorder, CEO of Opto Investments, to delve into how Opto Investments revolutionizes private market investments through technology. Throughout their discussion, they explore the challenges of information fracturing in the private markets and how Opto aims to bridge that gap for the wealth management community. Episode Highlights: 00:11: Jason Pereira introduces the episode, highlighting the focus on Opto Investments, a tech-driven solution aiming to streamline the fragmented private market landscape. This introduction sets the stage for an in-depth exploration of how technology can enhance wealth management. 00:29: Ryan VanGorder shares Opto Investments' mission to integrate private markets into modern wealth management more seamlessly. He emphasizes the company's partnership-driven model, which includes holistic portfolio construction, intuitive workflows, and customized solutions tailored to advisors' needs and their clients. 01:21: The conversation turns to the origin of Opto Investments, conceptualized by tech entrepreneur Joe Lonsdale. Ryan details how the vision for Opto was to create a tech-centric platform for private investments that prioritizes alignment with client interests, unveiling the strong foundation and ambitious $45 million Series A funding that propelled the company forward. 02:27: Ryan elaborates on the inherent challenges within private markets, including the opaqueness and accessibility barriers. He outlines Opto's three-pillar strategy to address these issues: alignment of interests, exclusive access to untapped opportunities, and tech-driven efficiency, aiming to demystify the private markets for advisors and their clients. 04:37: This segment dives deeper into each of Opto's foundational pillars. The discussion covers how co-investing establishes trust, the importance of exclusivity in accessing alpha, and the significant role of technology in simplifying the investment process, from portfolio construction to post-trade management. 09:14: Ryan details the technological advancements Opto implements to streamline the cumbersome processes traditionally associated with private market investments. From pre-trade analysis to tax reporting, Opto seeks to replicate the ease of public market transactions for private market investments. Key Takeaways: Opto Investments' technology-driven approach is designed to make private market investments more accessible and efficient for wealth managers and their clients, emphasizing the need for alignment, exclusive access, and operational efficiency. Co-investing not only builds trust with advisors but also demonstrates Opto's commitment to their investment choices, setting a foundation of shared interests and objectives. The future of Opto Investments lies in enhancing its platform to facilitate even smoother transitions and interactions within the private markets, promising a significant shift towards greater transparency and efficiency. Tweetable Quotes: "Bringing technology to investors and advisors to confidently invest in private markets eliminates the opaqueness and magnifies opportunities." - Ryan VanGorder. "Our mission is to reshape how wealth management perceives private markets, offering technology as the bridge to simplify the complexities." - Ryan VanGorder. "The heart of Opto Investments lies in solving inefficiencies within the private market space, paving the way for clear, accessible investment pathways." - Ryan VanGorder. Resources Mentioned: Facebook – Jason Pereira's Facebook LinkedIn – Jason Pereira's LinkedIn Woodgate.com – Sponsor https://www.optoinvest.com/ Hosted on Acast. See acast.com/privacy for more information.…

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