Mammoth Technology’s Post

Blue Trust, an Atlanta-based wealth management firm, has announced a groundbreaking partnership with Vident Asset Management, Brightlight, and Mammoth Technology to launch a faith-based private investing platform. This innovative platform aims to provide advisors and clients with investment opportunities that align their financial goals with their faith and values. 'We are thrilled with this relationship, which empowers our advisors to better serve our clients that desire to more fully integrate their faith with their finances,' said Brian McClard, Chief Investment Officer of Blue Trust. The platform leverages Brightlight's expertise in ethical evaluation processes to ensure that all investment opportunities meet the highest standards of impact-driven criteria. Mammoth Technology brings cutting-edge technology and innovative processes, enabling seamless workflows and user experiences. 'It's all about helping deepen the relationship between an advisor and their client. When a client completes a subscription agreement on Mammoth, they experience their advisor's brand and guidance every step of the way,' said Steve Zuschin, Chief Revenue Officer at Mammoth. The platform is designed for use by registered investment advisors (RIAs) and broker-dealers, providing them with access to a carefully curated catalog of private funds that have undergone due diligence. This unique approach sets it apart from other alternative investing platforms, reducing costs and allowing advisors to scale the onboarding process. @bluetrust @vident @brightlight @mammothtechnology #faithbasedinvesting #privateinvesting #alternativeinvestments

New from WealthManagement.com: GeoWealth Raises $18M Led By BlackRock https://lnkd.in/gKu6yZJ9 Kayne Anderson Growth Capital, who led GeoWealth’s 2021 Series B funding, and J.P. Morgan Asset Management also participated in this round (the latter also invested in 2018). According to GeoWealth CEO Collin Falls, the funding will accelerate new product development at the firm, including developing unified managed account capabilities to offer typically siloed options like direct indexing, fixed-income SMAs or alternatives in a turnkey solution. In an interview with WealthManagement.com, Falls said the firm hoped to boost its product and engineering staff by 20%-30% to expand the use of TAMPs and the outsourcing of model portfolios in the RIA channel from the mass affluent into high-net-worth sectors and from funds and ETFs into typically siloed products like alts. Read more on WealthManagement.com:

In my first few months as part of the Advyzon family, many of my conversations with large enterprise prospects and clients have centered around Advyzon as a tech platform only. What we've been explaining (and more importantly, showing) is that couldn't be farther from the truth. While our tech is top notch and only getting better, (e.g. T3 best all-in-one platform 7 years in a row!) Advyzon is a fantastic research and investment management organization, as well. Advyzon Investment Management, LLC. (AIM) recently released it third annual asset allocation study and there are some insightful investing nuggets - namely advisory firms move away from cash, ETF's continuing to outpace funds as well as an increased appetite for alternatives in portfolio allocations. If you'd like to get the full white paper with more details, click the link at the end of the article, drop us your name and email and we're happy to send it to you. And of course, if you'd like to have a conversation about how we can help your large advisory firms solve a myriad of business problems or simply optimize your current offering, let us know! https://lnkd.in/g9mJpazJ

In our latest research note in association with our strategic partner, J.P. Morgan Asset Management, we look at how the US sharemarket has enjoyed a stunning run, led by a handful of companies labelled the ‘Magnificent Seven’. These seven companies are all technology giants and most have been associated with advancements in artificial intelligence.    Investors are now questioning whether their incredible performances can continue and wondering about opportunities elsewhere in the market.

Strive closes a $30 million series B round led by Cantor Fitzgerald #Strive Asset Management, a dynamic #fintech company, has made headlines with its successful $30 million Series B funding round. The round, spearheaded by Cantor Fitzgerald and supported by Deason Capital Services, LLC, Narya Capital, and prominent entrepreneurs, marks a significant milestone for the company. This influx of capital is set to fuel the launch of Strive Wealth Management, an initiative responding to the burgeoning demand for comprehensive financial services in the U.S. Founded in 2022 by Vivek Ramaswamy, Strive is built on the principle of restoring shareholder primacy in capital markets. The company's CEO, Matt Cole, has overseen remarkable growth, with Strive’s asset management business surpassing $1.6 billion in assets under management within two years of launching their first ETF. This impressive trajectory is a testament to Strive’s commitment to capitalism, meritocracy, and innovation. Cantor Fitzgerald’s involvement brings a wealth of institutional relationships and market expertise, which will be pivotal as Strive enhances its product and service offerings. The strategic partnership is further solidified by the addition of board members from both Cantor Fitzgerald and Deason Capital Services. Howard W. Lutnick, Chairman of Cantor Fitzgerald, has expressed his excitement about the investment, highlighting the promising growth opportunities it presents. Strive’s entry into the wealth management market is poised to challenge major financial institutions, as it continues to prioritize maximizing shareholder value. This new venture is expected to attract clients seeking a bold, principled approach to financial management, reflecting the broader American appetite for genuine capitalist ideals. The article on FinTech Global in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://lnkd.in/d4h8zqKA  - Substack: https://lnkd.in/dzfGJzmW

GeoWealth secures $18 million growth investment with BlackRock leading the round #GeoWealth, a Chicago-based #fintech innovator and turnkey asset management platform (TAMP), has successfully closed an $18 million funding round, led by global investment management giant #BlackRock. This growth investment also saw participation from Kayne Anderson Growth Capital, which has been a key investor since GeoWealth's Series B round in 2021, and J.P. Morgan Asset Management, a strategic partner since 2018. Founded to empower Registered Investment Advisors (RIAs) with comprehensive asset management solutions, GeoWealth operates a proprietary technology platform that simplifies access to a broad spectrum of asset types through unified accounts. This platform is celebrated for its integrated technology that enables RIAs to efficiently meet their clients’ diverse investment needs. The new capital infusion is set to enhance GeoWealth’s offerings further. Specifically, the funds will be used to develop new features that provide RIAs with more flexible, customizable, and user-friendly tools. Key growth initiatives will be led by Brendan Falls, Executive Vice President and Chief Growth Officer, and new product developments will be overseen by Clifford Schoeman, Executive Vice President and Chief Product Officer. Planned enhancements include advancing unified managed account (UMA) functionalities and augmenting features that support alternative investments, reporting, and tax management. CEO Colin Falls expressed his excitement about this new phase of growth, emphasizing the strategic partnership with BlackRock. He highlighted the company’s commitment to investing in proprietary technology to build new offerings that provide RIAs with a flexible, customizable, and user-friendly platform. President and COO Jack Hannah reiterated this sentiment, emphasizing GeoWealth's dedication to continual innovation for the benefit of RIAs, delivering greater scalability, flexibility, customization, and exceptional service. The article on FinTech Global in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://lnkd.in/d4h8zqKA  - Substack: https://lnkd.in/dzfGJzmW

Each month, over 300 top-tier asset managers from around the globe share their exclusive research and keen insights on market trends and investment strategies. Dive deep into the minds of industry leaders and stay ahead in the ever-evolving financial landscape. This month’s featured research includes contributions from: Alpha Vee Solutions ARS Investment Partners, LLC Astoria Portfolio Advisors LLC Day Hagan Asset Management Essex Investment Management Company, LLC Focus Point Capital Global X ETFs Global Value Investment Corporation John Hancock Investment Management Kensington Asset Management Kingsview Investment Management KKM Financial Laurus Investment Counsel M.D. Sass Nasdaq Dorsey Wright Ned Davis Research Neuberger Berman Sage Advisory Severin Investments LLC ST. JAMES INVESTMENT COMPANY, LLC Stringer Asset Management LLC Victory Capital 💡 Don't miss out on the insights that could redefine your investment strategy here: https://bit.ly/3VZy1DM. Visit www.smartxadvisory.com to login or request a demo! #ModelMarketplace #AssetManagement #NewResearch

The asset management industry is transforming with new technology and evolving client demands. It's great to see this article showcasing Kerusso Capital Management, LLC's approach. Randell Cain, Jr., CFA, Founder of Kerusso Capital Management, emphasizes that leveraging a more holistic methodology could build a competitive edge. https://bit.ly/3Wm5s2f #AssetManagement #Investing #HolisticApproach

#global_investing James Wang, Managing Director at Fosun Asset Management, joined Giovanni Amodeo for an engaging fireside chat. The discussion covered a wide range of topics, providing valuable insights into global investing, technology trends, and Fosun’s strategic approach. Below are the key highlights from the conversation: https://lnkd.in/db-Sj68D

Wealth and asset managers have the opportunity to reimagine their business models and transform their operations with GenAI.