LifeYield

Private business ownership creates wealth. Wealthy people need financial advice. ? However, not every advisor has the technology and training to serve the diverse needs of business owners. ? Enter this week’s guest on WealthTech on Deck. He’s Jason Early, the founder and CEO of RISR, a technology platform to help financial advisors deepen their relationships with business owner clients. ? ? https://lnkd.in/egTzV4PJ

Many investors want to achieve diversification through ownership of assets like real estate. But few want to be developers or landlords. ? However, with access to private investments, investors can have their wishes fulfilled while advisors can manage the risk to their clients’ portfolios and limit their tax exposure. ? This week’s guest on WealthTech on Deck is Steve Z., chief revenue officer of Mammoth Technologies. Listen to hear his assessment of the state of public and private markets and the technology evolution that can provide exposure to a sector like real estate without picking up a hammer. ? https://lnkd.in/e_UeBNdc

Few people can liven up a conversation about investment theory and practices better than our chief investment officer, Paul R Samuelson. ? Now you can learn from Paul, too. His white paper on asset location appears in the recent issue of Investments & Wealth Monitor, a publication of the Investments & Wealth Institute. ? Paul paints a scenario familiar to most advisors: ? Clients with messy portfolios of accounts, often scattered across multiple institutions and advisors, whose financial goals may be at risk because of tax drag. ? https://lnkd.in/eekajREf

You don’t achieve tax alpha with one swing of the bat, said this week’s guests on WealthTech on Deck. ? Rather, it requires continuously applying time-tested practices like asset location, rebalancing, and tax harvesting across all the accounts in an investor’s portfolio. And to do that, advisors need strong technology in their bullpen. Mark Hoffman and Paul R Samuelson of LifeYield talked with host Jack Sharry about tax-smart, multi-account portfolio management, and technology to help advisors quantify its benefits to clients, even skeptical ones. Addressing advisors, Samuelson said: “The real opportunity in looking at all the household assets is that you're going to be able to pick up some of the client accounts that have been unmanaged or very poorly managed. And so it’s both an opportunity for the advisor, (and) it's a real service to the clients.” https://lnkd.in/dPp6cbEy

Starting 55 years ago, SEI is one of the first companies to identify that combining asset management, operations and technology was important. ? Today, it’s attracting looks and talent with its commitment to client engagement, user experience and company culture. ? Listen to this week’s WealthTech on Deck podcast to hear from CEO Ryan Hicke and CFO Sean Denham about what they're bringing to the market today and planning for the future. https://lnkd.in/eSPuqk7q

J.P. Morgan has a vision of what Eric Lordi describes as “always-on advice.” ? It’s automated. It optimizes household portfolios throughout accumulation and retirement. It’s operating in the background to save investors money on taxes and help advisors amass more AUM. ? Read the latest column by LifeYield’s Jack Sharry in FA Magazine.

You need to put your shoulders into public relations today. This week, the guests on WealthTech on Deck tell listeners how it’s done. ? PR today “is a contact sport,” said Jimmy Moock, the managing partner at StreetCred PR. Agencies and their clients “need to start thinking more about simplicity and clarity.” ? That applies to the messages companies put into the marketplace and those they send into their organizations, he said. ? https://lnkd.in/d9X2yavg

The shift is on.? ? ?????·?From account-based to?relationship-based?wealth?technology.? ? ?????·?From tax lots and?tax?harvesting to?delivering lifelong?tax alpha. ? ?????·?From?transactional client management to personalized household management. ? This week’s guests on?WealthTech?in the Weeds?explain why and how?it’s happening.? ? Eric Lordi?has led transformational technology efforts at Morgan Stanley and now at J.P. Morgan. Martin Cowley of?LifeYield?has?worked with many industry giants?as they?build multi-account, tax-smart platforms?of the future. https://lnkd.in/e2TierK5

Talking about investment returns takes conversations with clients only so far. Layer on tax management, and the agenda blows wide open. ? “I really do care about our long-term capital market assumptions, but when I put that forward to a lot of clients, you can see their face glaze over,” Ted Dimig, global head of wealth management advisory solutions at J.P. Morgan, said on this week’s WealthTech on Deck podcast. ? By contrast, tell clients, “I saved them $10,000 by buying this direct indexing strategy,” and you’ve got their attention, and you can proceed to talk about other possible products and solutions, such as ETFs, insurance, and annuities, Dimig said. ? Listen to Dimig talk with host Jack Sharry and LifeYield CEO and co-founder @Mark Hoffman about the critical elements of an advisory ecosystem and how to inspire advisors to overcome their fears of technology. ? https://lnkd.in/erFpnjzd

Leadership is all about “building a winning culture.” ? That’s the approach taken by John N. Drahzal, president and CEO at Horizon Investments?. ? This week on WealthTech on Deck, John speaks with host Jack Sharry about his approach to leading Horizon and cultivating a company culture that inspires success. For John, culture isn’t simply about employees “liking” each other – it’s about creating a space where they can work well together and improve a business’s performance. ? Listen to this week’s episode to hear John’s perspective on leadership, culture, coaching, innovation, and more. ?? https://lnkd.in/dSrZ99GC