The Sycamore Company

Kudos to our very own Mike Overdorf for his insightful article in AdvisorHub, on the critical importance of robust surveillance systems for broker-dealers! ? In today’s regulatory environment, compliance failures can lead to hefty fines and severe reputational damage. As highlighted in the article, several firms were fined in 2024 for inadequate trade surveillance. This underscores the urgent need for firms to evolve their compliance strategies continuously. Even small firms must adopt effective surveillance early on to avoid unsustainable manual monitoring as they grow. ? “The need for effective surveillance begins early, even for startup broker-dealers processing only a few trades per day,” Mike says. “Although a small firm might initially manage with manual monitoring, rapid growth can quickly render this approach unsustainable.” ? To stay ahead of the curve, Mike says BDs should prioritize transaction and compensation data and implement configurable alert system. Read more here: https://lnkd.in/gMUpF83u ? #TheSycamoreCompany #SycamoreCompany #Compliance #BrokerDealers #Surveillance #AdvisorHub

The Era of #CleanData Is Here! Sycamore Company is excited to share another insightful op-ed from our CEO, Michael Overdorff, published in Digital Wealth News: "What is Clean Data and Why Is It Critical for BDs and RIAs?" ? In this must-read piece, Mike explores how, in an era of big data, the ability to operate with clean, accurate, and up-to-date data has become a game changer for #BDs and #RIAs. Clean data isn’t just a luxury—it's a necessity. It leads to better decision-making, reduces errors, and improves compliance. It also helps foster stronger client relationships, boosts transparency and is the backbone for AI and machine learning innovations that will shape the future. ? Click below to read Mike’s full piece and learn how prioritizing clean data can unlock greater potential for your firm and your clients! ? #SycamoreCompany #DigitalWealthNews #FinTech #WealthManagement #FinancialServices #BigData #AI #MachineLearning #DataDrivenSuccess

We are thrilled to announce that The Sycamore Company has been named one of the top performers in the inaugural 2024 InvestmentNews New Technology Report! This distinction highlights our dedication to revolutionizing wealth management with innovative, cloud-native technology. ? After thorough and impartial evaluation by InvestmentNews' 30-member Intelligence Unit, we are proud to be recognized for our unique, problem-solving technology that’s reshaping the financial management industry. The Sycamore Company takes immense pride in being known as one of the industry's finest within the InvestmentNews domain. ? Our President & Founder, Mike Overdorf, shared, “This award is a testament to the hard work and dedication of the entire Sycamore team. We will continue to innovate and provide unparalleled support to our clients, helping them achieve their goals and succeed in an ever-evolving industry.” ? A special thank you to InvestmentNews for this honor highlighting Sycamore’s efforts and mission! Read the full press release here: https://lnkd.in/gNn3tk5A ? #SycamoreCompany #FinTech #WealthManagement #TechInnovation #InvestmentNews #FinancialTechnology #RIA #CloudTech #IndustryRecognition #InvestmentNews

In a recent AdvisorHub article, Mike Overdorf, President and Founder of Sycamore, shares his insights on the crucial role of RegTech in the RIA start-up process. As the independent RIA model continues to thrive, financial advisors are looking for efficient, compliant solutions to navigate this dynamic landscape. With the right regtech solutions, Sycamore is helping RIAs start strong by supporting data integration and tailored compensation processing to meet the unique needs of both commission- and fee-based business. ? Read more about how Sycamore’s solutions can support RIA startups in overcoming challenges and maximizing opportunities in the #AdvisorHub piece linked below! ? #Sycamore #SycamoreCompany #RIASolutions #Compliance #RegTech #CommissionProcessing #WealthManagement https://lnkd.in/gZm8Mzdx

Featured in this recent AdvisorHub roundtable piece, our President & Founder, Mike Overdorf, shares how leveraging Salesforce’s secure cloud environment ensures top-tier data protection for Sycamore’s clients… ? Mike explains that Sycamore’s platform is built on #Salesforce because they’re committed to cybersecurity and data protection – and so are we! Our team rests easy knowing that Salesforce has extremely high standards for data security. To fortify Sycamore clients’ data even further, we also implement our own layer of cybersecurity controls and best practices to ensure sensitive information, including financial data, is safeguarded. ? October is #CybersecurityAwarenessMonth, which is a great reminder that these efforts are crucial, and should be proactively addressed by every company in this space. Check out the article – linked below – to learn more about Sycamore’s approach to cybersecurity and protecting client data! ? #SycamoreCompany #TheSycamoreCompany #Cybersecurity #DataProtection #WealthManagement #DigitalSecurity #CloudSecurity #FinancialData #AdvisorHub https://lnkd.in/gy-PQTST

Sycamore's Integration with Quik! Continues to Make Headlines! ? Earlier this week, we announced Sycamore’s recent integration with Quik! This partnership streamlines how wealth management firms automatically populate client forms using data from the #Sycamore platform, significantly reducing manual data entry and minimizing errors – empowering advisors to focus more on client relationships, strategic planning and better business outcomes. ? A big thank you to Wealth Solutions Report for covering this important development and recognizing how this integration is driving efficiency and automation for our clients. We couldn’t be more excited about the positive impact this announcement is already having… Check out the full article linked below! ? #SycamoreCompany #Quik! #WealthManagement #Automation #Efficiency #ClientService #DataAccuracy #WealthTech #WealthSolutionsReport

Sycamore Company Enhances Efficiency with Quik! Integration! In case you missed it, we’re excited to share that Sycamore has officially integrated with Quik!, revolutionizing how wealth management firms handle client forms. This collaboration enables advisors to automatically populate forms using data from our platform, eliminating manual data entry and significantly reducing errors. Our thanks to Digital Wealth News and Cindy Taylor for highlighting this news! To learn more about how this integration will help advisors improve their productivity and service quality, check out the full article linked below. ? #SycamoreCompany #Quik! #QuickIntegration #WealthTech #WorkflowAutomation #DataAccuracy #AdvisorEfficiency #DigitalWealthNews

We are thrilled to announce Sycamore’s new integration with Quik!, a powerful cloud app designed to streamline form automation and update management for wealth management firms. ? This partnership marks a significant leap forward in boosting efficiency by eliminating manual data entry, reducing errors and providing a seamless flow of data from Sycamore into Quik! forms. This unified workflow, enhances accuracy and allows advisors to focus on delivering exceptional client service. At Sycamore, we understand the critical importance of clean data for informed decision-making and operational excellence. As Mike Overdorf, President and Founder of Sycamore, states, "This integration ensures that data remains accurate, reportable, and accessible, helping advisors deliver better business outcomes." ? Read the full announcement linked below to learn more about how Sycamore is transforming the wealth management space! ? #TheSycamoreCompany #Quik! #SycamoreCompany #WealthManagement #DataExcellence #Automation #Efficiency #ClientService https://lnkd.in/gYwMxHZX

We are excited to share that Sycamore has been named a DOUBLE FINALIST at @ThinkAdvisor’s 2024 Luminaries Awards! These nominations underscore the strength of our team and our commitment to delivering on our promises. Our advanced platform for broker-dealers, which includes modules for compensation, compliance, recruiting, and account onboarding, is receiving well-deserved recognition. We deeply appreciate the trust our clients and partners place in us.?https://lnkd.in/gcZRCnp2 ? Our 2024 Luminaries Finalist recognitions in Technology Platforms, Products, and Services are as follows: ???Sycamore’s Surveillance Manager – Innovation, Business Support Systems/Workflow Automation Firm, Operations ???@MikeOverdorf, Chief Executive Officer, Sycamore – Executive of the Year, Operations ? Congratulations?to all the other nominees, and we look forward to the awards ceremony in December! ? Disclosure: The 2024 ThinkAdvisor Luminaries Awards honor firms and individuals across the financial services industry for exemplary leadership, groundbreaking innovation, and outstanding community impact. Sycamore did not pay any fees to be considered, and these awards do not indicate future performance of any Sycamore product or strategy. The awards will be presented in December 2024, based on evaluations from the past 12-18 months. ? #ThinkAdvisor #LUMINARIES #Sycamore #WealthManagement #Operations

Congratulations to our very own President and Founder Mike Overdorf on his article in Financial Advisor Magazine! Mike’s latest piece, “Broker-Dealers Beware: Common Pitfalls When Selecting A Surveillance Provider,” outlines the complexities broker-dealers face in today's regulatory environment. From balancing costs to managing alert fatigue, Mike provides practical, actionable advice to avoid common missteps. His deep industry expertise shines through, making this a must-read for any firm navigating surveillance technology choices. Mike highlights the importance of precision in surveillance systems: “The solution is to focus on the quality of alerts rather than the quantity. Ensure that the alerts are finely tuned to capture the most relevant data without being redundant. Work closely with your vendor to configure alerts specific to your firm’s needs, and regularly review and update these configurations to keep pace with evolving regulatory expectations.” His deep industry expertise is essential knowledge for a fast-changing industry. For more, check out the article linked below. Well done, Mike! #SycamoreCompany #Sycamore #Surveillance #WealthManagement #Alerts #Data