Fintech Impact

In this episode of FinTech Impact, host Jason Pereira interviews Richard Walker, CEO of Quik! Forms. The discussion covers the origins of Quik!, the challenges of automating form processes, and how the company has evolved over the past 23 years. Richard explains how Quik! simplifies data entry for financial advisors, significantly reducing manual work and improving efficiency. The episode dives into the complexities of developing a form automation system that can support a vast number of fields and forms, and highlights the technological advancements, particularly in AI, that Quik! is leveraging to further enhance their product. Richard also shares insights on the future of form automation and the challenges and rewards of operating in the space.

In this episode of FinTech Impact, host Jason Prera interviews Adam Scully-Power, Product Solutions Director at Nebo Wealth. Nebo Wealth is a platform focused on goals-based investing, empowering financial advisors to deliver personalized asset and portfolio allocations tailored to clients' unique goals and circumstances. Adam discusses the origins of Nebo Wealth, the limitations of traditional investment methods like target date funds and risk tolerance questionnaires, and how Nebo utilizes a more dynamic, forward-looking approach for portfolio optimization. He explains the importance of understanding client goals, incorporating a wide spectrum of inputs, and providing visual tools that clearly communicate financial progress. The conversation also highlights the platform's flexibility and superior performance in maximizing clients' financial success. Adam concludes by expressing his excitement about Nebo Wealth's innovative impact on the financial advising industry.

In this episode of FinTech Impact, host Jason Pereira interviews Mark Netjes, EVP of Enterprise Sales and Solutions at Advyzon. Advyzon offers an all-in-one technology platform designed to help financial advisors manage their practices efficiently. Mark discusses the origins of Advyzon, founded by Hailin Li in 2012 after his tenure at Morningstar, and the evolution of the platform from performance reporting and billing to a comprehensive suite including CRM, trading, rebalancing, client portals, document management, and outsourced investment solutions. The discussion highlights Advyzon's focus on integration, efficiency, and scalability, making it suitable for both small firms and large enterprises. They also touch on Advyzon's approach to modularity, integration with third-party software, and future developments in AI and other advanced features.

In this episode of FinTech Impact, host Jason Pereira interviews Matt Cerminaro, Chief Product Officer, and Michael Batnick, CEO of Exhibit A. Exhibit A is a charting and visualization tool for financial advisors that originated from the Riol Wealth Management team. This custom-branded platform simplifies complex data into clean, daily-updated visuals, making it easier for advisors to communicate with clients. Matt and Michael discuss the platform's origin, its development challenges, the importance of simplicity in financial charts, and their plans for ongoing innovation. The duo shares their commitment to improving client communications and their proactive approach in updating and improving their tool based on user feedback. Early feedback has been positive, highlighting the tool’s value in replacing or complementing the need for an in-house analyst.

This week’s podcast features an insightful discussion between host Jason Pereira and Jason Wenk, CEO of Altruist, a fintech company that is streamlining the custodian experience. They explore the origin of Altruist, how it came to fruition due to the inefficiencies faced in the financial advisory and custody space, and their journey in making the platform user-friendly and technologically advanced. Wenk details the importance of design thinking and maintaining operational efficiency while revolutionizing the existing financial systems. The conversation ends with Jason Wenk's enthusiasm about the potential of AI and other innovations in improving client outcomes.

In this episode of FinTech Impact, host Jason Pereira welcomes Alison Susko of Asset-Map and Torie Happe of Holistiplan to discuss the concept and importance of community-based marketing within the advisor technology sector. Alison and Torie share their backgrounds in financial services technology and how they developed successful community marketing strategies to promote their companies. They emphasize the value of building relationships, grassroots education, and collaboration within the industry. Their approach highlights the necessity of personal connections and proactive communication in achieving business success and driving innovation within the financial planning space.

In this episode of FinTech Impact, host Jason Pereira interviews Rodney Williams, co-founder and president of Solo Funds. The platform offers an innovative approach to peer-to-peer lending, targeting issues with payday loans and credit cards by creating a mutually beneficial system for those in need of capital. They discuss the origin of Solo Funds, the transparent and borrower-driven structure, and the community-centered approach that sets Solo apart. Rodney also shares success stories and highlights the challenges and advantages of building an impactful financial service. Don't miss this insightful conversation on reshaping the lending landscape.

In this episode of Fintech Impact, Jason Pereira interviews Jimmy Gill from Versoft Consulting about the intricacies of investment technology and data migrations. The conversation explores the challenges of integrating various investment technologies, outlining how Versoft Consulting assists in streamlining technology stacks for financial advisors. They delve into the complexities of data migration between portfolio management systems, highlighting the diverse issues encountered during such transitions and offering insights into best practices for successful conversions. The episode wraps up with discussions on how comprehensive solutions and problem-solving approaches can significantly alleviate operational inefficiencies within the finance industry.Episode Highlights:00:33: Jason thanks Jimmy Gill of Versoft Consulting for joining the podcast.00:35: Jimmy introduces Versoft Consulting, its mission, and services in the finance sector.01:20: Explanation of Versoft’s services, including portfolio management, data conversions, and consulting.01:29: Discussion on the origin and history of Versoft Consulting.03:34: The complexities involved in data migrations from one platform to another.04:26: Real-life story of migrating 30 years of transaction history.05:33: Issues firms encounter with portfolio management and accounting platforms.07:08: Best practices for conversion and timelines for migrating systems.12:08: Common pitfalls and considerations during platform migrations.14:12: Importance of data quality and the role of Versoft Consulting in migrations.16:49: Navigating trust issues with new technology platforms.19:20: Volume of data and time estimation challenges in migrations.21:51: Weird data anomalies and how Versoft confronts them during migrations.32:09: Jimmy’s passion for solving complex data problems in fintech.34:18: Conclusion and wrap-up of the episode, encouraging listeners to seek migration help from Versoft.Key Takeaways:Data migrations in the financial sector are fraught with challenges, requiring expert handling to ensure accuracy and efficiency.The industry suffers from a lack of standardized data formats, complicating technology integrations significantly.Having dedicated personnel or consultants focused entirely on technology transitions can prevent bottlenecks and delays.Effective communication and planning are crucial for maintaining timelines and minimizing disruptions during platform migrations.Firms often benefit significantly from adopting streamlined, automated processes for operational efficiencies.Tweetable Quotes:"Data migrations: not just shifting data, but overcoming challenges to ensure efficient financial operations.""In financial tech, the quirks and complexities are the puzzle pieces we love to solve.""Adopting new tech isn't just about the systems; it's about finding the right solutions for your firm."Resources Mentioned:Facebook – Jason Pereira's FacebookLinkedIn – Jason Pereira's LinkedInWoodgate.com – SponsorPodcast Editinghttps://versoftconsulting.com/team/jimmy-gill/https://www.linkedin.com/in/jameswgill/

Jason Pereira interviews Arnulf Hsu, CEO and Co-founder of GReminders. Arnold discusses the company's journey from being a client notification system to becoming an AI powered end-to-end meeting management platform tailored for financial advisors. The conversation dives into how GReminders focuses on automating the entire client meeting lifecycle through AI and intricate integrations with CRM systems. Arnold also highlights the significant time savings GReminders offers financial advisors and shares insights into the company's client-focused approach to software development and enhancements.Episode Highlights:00:08: Jason Pereira introduces the show and his guest, Arnulf Hsu of GReminders, explaining its role in meeting workflow management for financial advisors.00:30: Arnold thanks Jason for having him on the show.02:55: Arnold emphasizes the platform's use of workflow automation and AI to enhance the client meeting experience from start to finish.03:10: He shares GReminders' origin story, initially starting as a client notification system linked with Google Calendar.05:39: Arnold explains the process for financial advisors to easily schedule meetings with clients using GReminders' features.07:08: Discusses the successful development of various features based on client feedback and needs.09:19: Talks about the importance of having a smaller, fully integrated tech stack for financial advisors.10:50: Highlights the significant time savings reported by their customers and the positive impact on revenue.12:59: Arnold touches on the future directions GReminders might take, including AI assistants and enhanced client engagement.15:43: Jason concludes that the conversation was concise due to the clarity of GReminders' value proposition.18:30: Arnold expresses his passion for solving business problems and maintaining a rapid software development cycle.Key Takeaways:GReminders enhances productivity for financial advisors by automating the meeting lifecycle, integrating deeply with CRMs.The platform offers significant time savings, allowing advisors to focus more on meaningful tasks that drive revenue and client satisfaction.A strategic focus on vertical markets enables GReminders to tailor its offerings to the specific needs of financial advisors.The rapid iteration cycle in software development allows the company to quickly adapt and improve based on client feedback.Tweetable Quotes:"We're an AI-powered end-to-end meeting management platform built for financial advisors." - Arnulf Hsu"We believe a smaller tech stack that is more deeply integrated tends to be better." - Arnulf Hsu"Business problems are my thing; I understand them and can help solve them." - Arnulf HsuResources Mentioned:Facebook – Jason Pereira's FacebookLinkedIn – Jason Pereira's LinkedInWoodgate.com – SponsorPodcast Editinghttps://www.greminders.com/https://www.linkedin.com/in/arnulfhsu/