Future Capital, a personalized retirement provider and RIA, and Axos Clearing announced a partnership, plans and integration this week.
With the integration, advisors who use Axos will be able to manage their clients’ workplace retirement accounts. Specifically, this will allow advisors to manage end clients’ held-away 401(k) assets, including building custom allocations with complete portfolio customization and gaining access to comprehensive household financial data.
The integration will also enable advisors to determine their own fee structure, identify rollover opportunities and introduce these accounts to Future Capital for management.
Orion Makes Multiple Technology Accouncements at Ascent
Orion announced a raft of updates to its platforms, stating that in 2025 it would be investing 15% of its technology revenue back into research and development. The announcements were made at the company’s annual Ascent conference held in Orlando this week.
Among the many improvements was the introduction of a feature within the Portfolio View portion of its platform that will automatically create agendas for client meetings (an increasingly common technology tool being rolled out in the industry by other firms and third-party providers; see Jump, for example). Orion also announced the coming first-quarter features for its Redtail CRM, including improvements to permissions, reporting, and workflows. There were also updates to workflows in its Eclipse trading and rebalancing platform.
A separate announcement at the conference involved technology for serving high- and ultra-high-net-worth clients and multi-family offices. These included improvements to its estate planning workflows, new foreign exchange capabilities (supporting 100 currencies), updates to its trust accounting reporting capabilities, and expansion of its trust account trading features. It also provided demos and discussed its roadmap for integrating the next-generation Summit Wealth Systems reporting and portfolio management platform it recently acquired.
Smarsh Acquires Specialty Audio Compliance Firm
Smarsh announced its acquisition of CallCabinet, a cloud-native compliance call recording and analytics technology provider, this week.
This will allow Smarsh to expand its platform’s voice capture and audio analytics capabilities. Using it, advisory firms will be able to directly record and capture voice conversations on Microsoft Teams, Cisco, Webex, Zoom and mobile calls.
While many firms have had to require that voice data be recorded on a mobile device and then uploaded to a server, using the new technology calls will be captured directly on the mobile carrier’s network and stored on the cloud.