Award Recognizes Innovation in Technology for RIAs and Wealth Managers
New York, Sept. 16, 2022 (GLOBE NEWSWIRE) — Flourish, a platform which provides innovative access to financial products that help RIAs secure their clients’ financial futures, today announced that Flourish Crypto, a turnkey cryptocurrency investing solution built for registered investment advisers (RIAs) and their clients, won WealthMangement.com’s annual industry award, “The Wealthies” for Best Cryptocurrency Provider.

In addition to recognition as the leading cryptocurrency provider, Flourish Crypto was also recognized as a finalist for the Most Innovative New Applications category.

“We are honored by this validation of Flourish Crypto,” said Ben Cruikshank, President of Flourish. “As tens of millions of Americans began investing in crypto, financial advisors were left on the sidelines. Bringing a new product to market takes a tremendous amount of work and dedication; we’re thrilled to be able to fill such an important gap in the market, helping advisors better meet the needs of their clients.”

Over 440 RIAs managing over $1.4 trillion in combined assets leverage the Flourish Platform, which includes Flourish Cash, its cash management offering, and Flourish Crypto. Flourish offers advisors the ability to feature their branding, gain visibility into balances, statements, and 1099s, as well as access client-friendly materials, robust and customizable compliance resources, white-glove support, and more. 

The Wealthies honor individuals, organizations, and companies providing significant support to financial advisors. Specific to technology providers, the award program highlights initiatives designed to help financial advisors build better practices and more effectively serve their clients. This year’s program attracted more than 1,000 entries across 350 companies and was emphasized as the most competitive year for the program. Finalists and winners are assessed and determined by a panel of independent judges.  

Flourish Crypto is offered through Flourish Digital Assets and Paxos Trust Company, a NYDFS trust company and qualified custodian. Flourish is wholly-owned by Massachusetts Mutual Life Insurance Company (MassMutual).

About Flourish
Flourish builds technology that empowers financial advisors, improves financial lives and retirement outcomes, and delivers new and innovative investment options to advisors. Today, the Flourish platform is used by more than 440 wealth management firms representing more than $1.4 trillion in assets under management. Flourish is wholly-owned by MassMutual. For more information, visit www.flourish.com.

About WealthManagement.com
WealthManagement.com, an Informa business, provides everything wealth professionals need to know to stay knowledgeable about the industry, build stronger relationships, improve their practice, and grow their business. WealthManagement.com offers financial services organizations a broad array of marketing services designed to help them influence the industry’s leading audience of wealth management professionals.

About Informa
Informa PLC is a leading, international business to business information services Group, operating in over 30 countries. Informa create transaction-led exhibitions and content-based events, specialist data, intelligence and marketing services products, as well as scholarly research and specialist reference-led academic content. Informa products and services help businesses and professionals connect, learn, do business and gain an edge over the competition. Informa is listed on the London Stock Exchange and is a member of the FTSE 100.

Forward Looking Statements
This press release may contain forward looking statements that are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied.

Flourish is an online platform through which investors can access financial services and products. The services and products offered through Flourish are provided by different entities and are subject to different terms, investor protections and risks. Flourish Cash is offered by Flourish Financial LLC, a registered broker-dealer and
FINRA member. Flourish Financial LLC is not a bank. Check the background of Flourish Financial LLC and its personnel on FINRA’s BrokerCheck. Flourish Crypto is offered by Paxos Trust Company, LLC (Paxos), a New York limited purpose trust company regulated by the New York Department of Financial Services that provides cryptocurrency custody and execution services for the Flourish Crypto accounts, and Flourish Digital Assets LLC (Flourish Digital Assets), which is registered in New York as a commodity broker-dealer and provides website and other technology services and support for Flourish Crypto accounts. Flourish Financial LLC and Flourish Digital Assets LLC are affiliates, but are not affiliates of Paxos. Please review the Legal section of our website, and the disclosures provided with each Flourish service or product, for further information regarding each service and product. If you were introduced or invited to Flourish by a third-party investment adviser or other third party, whose name or logo may be shown above, please be aware that, unless otherwise disclosed to you, they are not affiliated with any Flourish entity. The role of the investment adviser or other firm that invited you to Flourish may vary between different Flourish services and products, as further described in the terms for each service or product. © 2022 Flourish. All rights reserved.

According to the Wall Street Journal, SEC Chair Gary Gensler said that proof-of-stake (PoS) blockchains, which generate new coins for inventors who pool their holdings, take on investment contract-like attributes that could bring them under his agency’s purview. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto regulation.
Pound sinks to lowest since 1985 as retail sales slump Germany seizes control of three Russian-owned Rosneft oil refineries FTSE 100 falls 0.6pc Ben Marlow: Shell must accept it has lost the battle on fossil fuels Sign up here for our daily business briefing newsletter
AT&T (NYSE: T) and Verizon (NYSE: VZ) are two titans of the telecommunications industry, and each company's respective stocks have long been go-to vehicles for income-focused investors. Which of these dividend-paying telecom stocks is the better buy at today's prices? George Budwell: Telecom giant AT&T is a company in transition.
Interest rates are in a pronounced uptrend, the likes of which haven't been seen in decades. If you know rates are rising, you might choose the portfolio management decision to accept some degradation against par value in your fixed-income securities to capture the income streams. PREFS is yielding 6.63% on an annualized basis, a figure that will only increase as income payments are reinvested.
The tech sector is full of beaten-down growth stocks that could make you a lot of money in the years to come.
We’re getting toward the tail end of the year, and it’s time to start deciding just how to allocate the portfolio for a solid year-end return. In a recent note from JPMorgan, focused on the energy sector, 5-star analyst Arun Jayaram recommended oil and gas producers as likely to beat the overall markets going forward. Getting quickly to the bottom line, Jayaram states, "We remain fans of the longer-term story for natural gas driven by a growing global demand for low cost U.S. gas exports." With
Investors are getting spooked that the Federal Reserve’s possible large interest rate hikes next week could further damage U.S. stocks, but there is no hope for the central bank to step in with their “put” to rescue, according to two chief investment officers on Wall Street.
Big Tech's big buybacks are hitting new highs. Here's what that means for investors.
All eyes are on the Fed meeting, but the stock market has already sold off hard as it rate hike reality sets in. Tesla, Enphase are among stocks holding up.
We’re caught up in something of a market storm these days, faced with downward trends and high volatility. It’s time for investors to start taking defensive postures with their portfolio additions. The classic defensive plays, of course, are the dividend stocks – but there are other protective plays to make. Investors can narrow their focus to stocks with strong product lines in essential industries, where demand will remain viable even if the economy tips into recession. These companies, while
FedEx Corporation (NYSE: FDX) faces one of the most significant single-day declines after it announced a recession. The company is now bracing for more challenging times ahead by restructuring its operations and undergoing cost-cutting measures.
The S&P 500, which is often viewed as the best barometer of stock market health, delivered its worst first-half return since Richard Nixon was president. To boot, the technology-dependent Nasdaq Composite, which has been largely responsible for lifting the market to new highs over the past year, has firmly plunged into a bear market. While periods of heightened volatility and uncertainty are unnerving for all walks of investors, it can be an especially trying time for retirees.
NIO Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $NIO performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.
Most stocks are having a lousy year in 2022. Here are a dozen that don't deserve being this deep in the red.
If giant yields are what attract you, here are two you need to look at now and one that may not be worth the risk.
It's been a rough year in the stock market, especially for fintech investors. High inflation and rising interest rates put investors on edge, ramping up market volatility. One company feeling the pain is SoFi Technologies (NASDAQ: SOFI), the fintech that was a hot stock when it first went public in 2020.
Despite all the gloom and doom about crypto, it looks like Wall Street is finally jumping feet first into the pool. In August, we had the news that cryptocurrency exchange Coinbase Global (NASDAQ: COIN) was partnering with asset manager BlackRock (NYSE: BLK) on new crypto trading services for large institutional investors.
Despite strong fundamentals, sellers have knocked Costco stock lower ahead of its quarterly earnings report.
There was a sell-off in cardboard packaging stocks this morning, with shares of International Paper (NYSE: IP) down 9.4% at 10:30 a.m. ET on Friday, Packaging Corporation of America (NYSE: PKG) shares down 9.7%, and the stock of WestRock (NYSE: WRK) down 9.8%. Shares of FedEx (NYSE: FDX) plunged more than 22% this morning after the company issued an earnings warning predicated on softening global volume. The volume FedEx referred to was the number of packages wrapped in cardboard and shipped to customers.
The social media heavyweight is underwater. Does that mean smart investors should pounce on the stock today?

source

Write A Comment

Your article is loading
Exit mobile version