Welcome to the November 2025 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 RightCapital has announced a new feature to streamline the process of switching financial planning software platforms by scanning uploaded PDF planning documents from eMoney and automatically importing the data into RightCapital (while for its part, eMoney has revealed that it has quietly been using the same technology to import client plans into its platform for the last year) – which on the one hand is notable in that it addresses a major pain point insofar as switching costs can be a major hurdle for advisors in switching to a different (and better) software solution, but also raises the question of why AdvisorTech providers are choosing to invest in tools designed to lower the (largely self-imposed) cost of switching, rather than simply making it easier for advisors to export and migrate their clients’ data and investing more into improving their tools’ core capabilities instead?
From there, the latest highlights also feature a number of other interesting advisor technology announcements, including:
- Advyzon has announced the upcoming launch of a new financial planning offering to complement its portfolio management and CRM tools, raising questions about whether it can continue its run of highly rated software offerings, or if it will repeat the struggles encountered by other “all-in-one” providers in getting all of their components to add up to more than the sum of their parts
- Financial planning software provider Elements has reportedly been foreclosed on by its creditors and will likely be either sold to a new owner or shut down entirely – which on the one hand reflect Elements’ failure to articulate a clear value proposition for itself to advisors after numerous changes in its marketing pitch, but at a more fundamental level is indicative of how “planning light” tools struggle to solve the problems that clients actually hire their advisors to solve
- Several high-profile former AdvisorTech founders have teamed up to launch Hamachi, a new tool for quickly generating AI-created email responses to clients’ investment questions – which raises the question of whether the time spent writing an email in response to a client question is better considered as an investment in the client relationship (and therefore worth the time spent), or if it could be spent more productively on other tasks (in which case it’s better to automate away)?
Read the analysis about these announcements in this month’s column, and a discussion of more trends in advisor technology, including:
- AI notetaker Jump has announced its acquisition of the human-driven meeting transcription service Mobile Assistant, representing a shift to a new venture capital-fueled growth-by-acquisition strategy by Jump to consolidate its market share in an increasingly competitive AI notetaker market (and signaling to other notetakers that time may be running out to gain traction, or else pivot to a different strategy or perhaps be acquired themselves)
- Dispatch, a “data orchestration” solution for advisory firms, has raised $18M in Series A funding, suggesting that their solution for syncing client data across multiple technology tools (without needing to rely on point-to-point integrations or expensive data warehousing tools) could be gaining traction
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.
