TLDR:
Wealth management fintech platform Tifin has announced the spinoff of Tifin AG, an artificial intelligence-driven platform aimed at helping advisory firms grow. Tifin AG offers modules that deal with client acquisition, expansion, and retention, including tasks such as prioritizing prospect lists and identifying referral opportunities.
The board of Tifin AG will include Tifin CEO Vinay Nair, Rajini Kodialam, co-founder emeritus of Focus Financial, and Brian Carlin, former CEO of J.P. Morgan Private Capital and J.P. Morgan Wealth Management Solutions.
Key elements:
- Wealth management fintech platform Tifin is spinning off Tifin AG, an AI-driven platform designed to help advisory firms grow.
- Tifin AG offers modules for client acquisition, expansion, and retention.
- The platform can prioritize prospect lists, identify referral opportunities, and analyze asset consolidation for advisory firm clients.
- The board of Tifin AG includes Tifin CEO Vinay Nair, Rajini Kodialam, and Brian Carlin, who have extensive experience in the financial industry.
Implications:
Tifin’s spinoff of Tifin AG highlights the growing importance of AI technology in the wealth management industry. The platform’s ability to automate tasks related to client acquisition and retention can help advisory firms streamline their operations and improve efficiency. The inclusion of industry veterans on the board of Tifin AG adds credibility and expertise to the platform, potentially attracting more advisory firms to adopt the technology. Overall, Tifin AG has the potential to revolutionize the way advisory firms grow and serve their clients, leveraging the power of AI to drive better outcomes.
