For the first time in, well, ever, the company formerly known as Riskalyze has a new top executive leading the way.
This week, Nitrogen Co-Founder Aaron Klein shocked the wealthtech world by passing the CEO torch to Dan Zitting, saying that he was stepping down to pour more time into his family and his personal passions.
The move caps a year of change for the 12-year-old wealthtech firm. But with a new name and a new focus, Klein said now was the perfect time to step off the "bullet train" that was his CEO schedule and step into a new chapter.
He also let Financial Planning know that the age-old "CEO steps down, CEO launches new firm a few weeks later" cycle does not apply here.
"My wife has threatened to commit murder if I say yes to anything new before, say, six months from now," Klein said while sharing a laugh with Zitting. "And she's a very, very patient and kind person. So that would be a first for her."
Also new this week, AdvicePay celebrated surpassing more than 1 million financial planning fee transactions in a milestone that speaks to the growth of fee-for-service, and the minds behind Addepar's Navigator introduce a new offering called Powder that leverages AI to modernize the prospecting process.
Check out all those stories and more, only at Financial Planning.
Anything else on your mind? Drop me a line at justin.mack@arizent.com. Have a great weekend, everyone!
Regards,
Justin | | Justin Mack
Reporter, Financial Planning
|
| | |
|
|
| By Justin L. Mack | According to Cerulli Associates, technology is not only helping advisors become more efficient but also influencing decisions related to how and where they practice. Read story → |
|
|
| |
| |
| | | By Justin L. Mack 7 min read | As the company that helped bring the once derided business model to masses celebrates a pair of major milestones, advisors who embrace it explain why it works for them. Read story → |
|
|
| | | By Justin L. Mack 6 min read | The company that transitioned from risk to growth in 2023 ends the year with a big C-suite change. Read story → |
|
|
| | | By Justin L. Mack 4 min read | Called Powder and crafted by the minds behind Addepar's Navigator, the wealthtech startup wants to cut the old-school sales process from months to weeks by injecting AI into every step. Read story → |
|
|
| |
| Why hiring next-gen advisors presents a significant opportunity to drive present and future success for today’s firms. Learn more → |
|
|
| | | By Marshall Butler 2 min read | As we look ahead to fresh innovations in fintech, we should try to reconnect with a deeper, more intentional set of human relationships foundational to our experience of money. Read story → |
|
|
| |
| |
| | RESOURCES | | | WEB SEMINAR | | Thursday, November 16, 2023 2:00 PM EST | How can you build authentic connections and trust in an emerging chatbot, AI – driven world? If your value as a financial advisor still centers on portfolio management, your business model is at risk. It's like selling maps in the age of GPS. And in the case of investment management, AI could replace you. Learn More → | SPONSOR CONTENT FROM TRADEPMR | | | REPORT | | | Explain the role of intelligent automation (IA) in transforming wealth and asset management Learn More → | SPONSOR CONTENT FROM SS&C Technologies | | | REPORT | | | The Outlook provides analysis on today's economic factors and how they impact the market. Learn More → | SPONSOR CONTENT FROM ARS Investment Partners | | | REPORT | | | Today, investors have access to yields that are higher than they've been in years across a spectrum of fixed income sectors and investment needs. Download this client-friendly PDF today to help you share opportunities in fixed income with your clients, covering why it's time to consider getting cash off the sidelines and why active management is key to higher income potential. Learn More → | SPONSOR CONTENT FROM Pimco | More resources → |
|
|
