Welcome to the August 2026 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!
This month’s edition kicks off with the news that the all-in-one platform Advyzon has rolled out a suite of new AI features within its platform, exemplifying how AI tools for advisors are approaching mainstream adoption by being incorporated by big incumbent platforms (who have been able to pick and choose which features and use cases to include based on what’s proven popular among the early standalone tools in the marketplace)
From there, the latest highlights also feature a number of other interesting advisor technology announcements, including:
YCharts has acquired Zephyr, which owns one of the industry’s largest sources of separately managed account (SMA) data – allowing YCharts to capitalize on the growing popularity of SMA strategies (both by incorporating it into its own analytics and proposal generation tools and by owning the data itself, which could be highly in demand if the use of SMAs continues to rise)
The digital onboarding and workflow automation tool Feathery has announced a $30 million Series A fundraising round – but although slow and manual account opening processes are still a problem for some advisors (particularly in the insurance and broker-dealer channels), the history of similar digital onboarding tools suggests that most advisors aren’t willing to pay for a third party tool to fix it (rather than expecting their custodian or CRM to provide a better onboarding experience for them)
The AI-powered RIA compliance solutions Hadrius and Greenboard each closed Series A funding rounds, showing how even though other AI use cases such as meeting notes saw quicker adoption among advisors, there are signs that AI compliance tools are gaining traction as well (particularly since RIA regulators will likely have access to similar AI tools to do their own examinations!)
Read the analysis about these announcements in this month’s column, and a discussion of more trends in advisor technology, including:
Despite proclamations that AI meeting notetakers would be the death of CRMs, a new crop of AI-native CRMs in FinTurk, OmegaFP, and Cadix, following in the steps of the popular startup CRM Slant, suggests that there’s still a future for the CRM category
In an environment where technology providers are churning out a copious amount of AI “agents” to automate specific tasks for advisors, the technology consultancy (and Kitces AdvisorTech Map collaborator) Ezra Group has launched a new directory of “AI Agents for Advisors” which aims to help advisors evaluate and compare the capabilities of different agents (and should also reflect the shape of the AI agent landscape over time as agents play an increasing role in AdvisorTech offerings)
And be certain to read to the end, where we have provided an update to our popular “Financial AdvisorTech Solutions Map” (and also added the changes to our AdvisorTech Directory) as well!
*To submit a request for inclusion or updates on the Financial Advisor FinTech Solutions Map and AdvisorTech Directory, please share information on the solution at the AdvisorTech Map submission form.
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