The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Innovayte
Innovayte, a custody and clearing firm that supports RIAs and other wealth managers, and Advyzon, a tech platform and portfolio management solution, have launched their platform and model marketplace.

For Innovayte, Advyzon has created its first and custodial back-end platform. It combines a separately managed account and model marketplace with access to third-party asset managers. This is offered by Advyzon Investment Management, the turnkey asset management program under the Advyzon umbrella.

“Technology is critical to helping RIAs reach their entrepreneurial goals,” Cat Davies, CEO Innovayte, said.

Innovayte said its platform is the "only technology solution that can effectively serve the unique needs of high and ultra-high net worth clients," because it has a unified managed account (UMA) framework which includes a full rebalancer, model marketplace, and access to third-party managers.