TIFIN Announces Key Hires Across Distribution Partnerships and International Expansion To Drive Continued Growth

TIFIN has added former Envestnet exec Jason O’Shaughnessy to lead international expansion and former Blackrock and Nuveen exec Tim Stegner to expand distribution partnerships with investment managers

 

BOULDER & NEW YORK, June 23rd, 2022 — TIFIN, a fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, today announced two key hires to help expand their high-growth areas across distribution and international.

Jason O’Shaughnessy has joined TIFIN as Head of International. O’Shaughnessy previously ran the international efforts at Envestnet’s Yodlee division where he was tasked with leading their business across multiple countries that included UK, Europe, India, Asia and Australia. In this role he was responsible for both growth and new market strategy. In a similar role, O’Shaughnessy will be tasked with driving TIFIN’s revenue growth in international markets.

“I am very excited about joining the TIFIN family and eager to replicate the success and growth seen in the US to other markets around the world.” said Jason O’Shaughnessy, Head of International at TIFIN. “The foundation of what TIFIN has established by driving financial wellness through easy-to-use user experiences powered by AI and Investment Intelligence are universal needs that should translate well across borders.”

TIFIN has also added another industry veteran to the leadership team to strengthen partnerships with investment managers to use insights to increase the efficiency of their distribution strategies. TIFIN welcomes Tim Stegner as Head of Sales, Asset Manager Partnerships. Stegner brings a 20-year track record of success in building businesses and distribution partnerships. Prior to joining TIFIN he served as a Managing Director leading teams within leading financial institutions including Northern Trust, BlackRock, Nuveen, and Merrill Lynch. During his career he has had a special emphasis on working on sub-advisory platforms and strategic partnerships between investment managers.

“As a sales leader I have a passion for finding solutions for clients and forming collaborative partnerships that drive results.” said Tim Stegner, “I look forward to bringing the power of TIFIN to the investment management industry to enable more intelligent and effective marketing and distribution strategies.”

“With the additions of TIm and Jason to our ranks, we are continuing to add top notch industry professionals with deep subject matter knowledge to help us accelerate our objectives across the areas we see as high growth in the next 12-18 months,” said Jack Swift, President and CRO of TIFIN. “These leaders in addition to our other recent announcements will be instrumental in expanding revenue growth and meeting our mission to drive financial well-being through engaging wealth experiences.”

 

About TIFIN
TIFIN is an AI-powered fintech that leverages data science, investment intelligence, and technology to deliver engaging and personalized investor experiences. By connecting individuals to advice and investments, TIFIN bridges the gap between investors, their trusted intermediaries, and asset managers.

Founded in 2018 by Dr. Vinay Nair, a former Wharton Professor and successful entrepreneur, TIFIN was created to help make investing a powerful driver of financial well-being by eliminating frictions investors face.

TIFIN manages Magnifi, a search-powered marketplace for investments; TIFIN Wealth, a platform for advisors, wealth managers, and other intermediaries to deliver better individual outcomes; Financial Answers, a digital platform of investor communities; all powered through Distill, a central digital distribution and insights engine using TIFIN’s data platform.

For Media inquiries, please contact:
Zito Partners
Deborah Kostroun
[email protected]
201-403-8185

 

 

 

The information contained herein should in no way be construed or interpreted as an offer, recommendation, or solicitation to buy or sell any security. All content is for informational purposes only and is not intended to provide any tax or legal advice or provide the basis for any financial decisions, nor is it intended to be a projection of current or future performance. This information has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed.


TIFIN has been nominated 7 times as a finalist for the 2022 Wealth Management Industry Awards!

TIFIN is proud to announce we have been nominated 7 times for the 2022 Wealth Management Industry Awards

TIFIN was named a finalist 7 times from nearly 1,000 submissions. Only 225 companies were selected as finalists, and TIFIN was the 2nd most awarded company in the industry. 

TIFIN’s 2022 nominations: 

  • Technology Providers CEO of the Year, Dr. Vinay Nair
  • Technology Providers Artificial Intelligence, Magnifi by TIFIN
  • Technology Providers Financial Planning, TIFIN Plan
  • Technology Providers Innovative Platform, TIFIN Grow
  • Technology Providers Marketing Automation, Clout by TIFIN
  • Technology Providers Portfolio Data Screening, Magnifi by TIFIN
  • Technology Providers Risk Tolerance/Client Profiling, TIFIN Risk

Read the full story here

 

 

 

 

WealthManagement.com, Wealthies Awards, 2022. Finalists are chosen based on nominations from industry peers. To learn about the award nomination and selection process, visit https://www.wealthmanagement.com/wealthies-circle/

Category selection criteria: https://www.wealthmanagement.com/wealthies-circle/2022-award-categories/

Judges: https://www.wealthmanagement.com/wealthies-circle/wc21-meet-the-judges/


TIFIN Announces Magnifi Mentor, The First Conversational AI-Powered Assistant Designed For Investing

Magnifi also reaches the 100 million search results milestone and announces Jon Klaff, former executive from Meta Financial and Paypal as GM, Consumer.

BOULDER & NEW YORK, June 7th, 2022 — TIFIN, a fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, today announced the launch of their new Magnifi Mentor capability. 

Now, investors using Magnifi, TIFIN’s investment marketplace, can leverage Mentor’s powerful conversational AI to help monitor portfolio activity, answer investment questions, provide real-time market analysis, discover new opportunities, and more. Delivered through a conversational chatbot-like experience, Mentor utilizes TIFIN’s data platform and individual portfolio holdings to understand individual circumstances and preferences to provide guidance on market events, watchlists, or possible adjustments to optimize investment outcomes. All this helps create a personalized experience that is the first of its kind in the world of investments and follows similar developments in the world of banking. 

“At Magnifi we believe that investing is critical for financial freedom. However, we also believe that investing is made more complex than it needs to be. Magnifi aims to simplify and democratize investing intelligence so more people can achieve more,” said Dr. Vinay Nair, Founder, and CEO of TIFIN. “Mentor is the newest feature provided by Magnifi to help individuals make better investing decisions through real-time insights and analysis tailored to their unique needs. Mentor keeps an eye on portfolio and market action for you when you are busy with other aspects of your life. In these market conditions, this is a much-needed feature to help guide investors.”

The addition of Mentor follows a significant uptick in users on the platform. Magnifi has over 100,000 registered retail investors, and over 2,000 registered financial advisors who oversee over $500 billion in assets. While Magnifi displayed 1 million search results close to its first year anniversary in February 2021; it is now presenting approximately 2 million search results per week. 

Alongside the launch of Mentor, Magnifi has hired former Meta FinTech and PayPal executive Jon Klaff as their first General Manager, Consumer.  Mr. Klaff will be responsible for driving user growth and engagement and making Magnifi a daily destination for individual investors seeking better tools and insights to power their investment strategies.

“Magnifi is fulfilling a real need for individual investors who, up to now, have been left to their own devices to research what’s best for their portfolios,” said Mr. Klaff.  “This is an area ripe for disruption.  The markets are volatile right now and retail investors are clamoring for more support to manage their risk while also identifying ways to steer their dollars toward investments aligned to their values.  Magnifi is primed to fill this gap.”  

 

About TIFIN

TIFIN is an AI-powered fintech that leverages data science, investment intelligence, and technology to deliver engaging and personalized investor experiences. By connecting individuals to advice and investments, TIFIN bridges the gap between investors, their trusted intermediaries, and asset managers.

Founded in 2018 by Dr. Vinay Nair, a former Wharton Professor and successful entrepreneur, TIFIN was created to help make investing a powerful driver of financial well-being by eliminating frictions investors face.

TIFIN manages Magnifi, a search-powered marketplace for investments; TIFIN Wealth, a platform for advisors, wealth managers, and other intermediaries to deliver better individual outcomes; Financial Answers, a digital platform of investor communities; all powered through Distill, a central digital distribution and insights engine using TIFIN’s data platform.

 

For Media inquiries, please contact:

Zito Partners

Deborah Kostroun

[email protected]

201-403-8185

 

The information contained herein should in no way be construed or interpreted as an offer, recommendation, or solicitation to buy or sell any security.  All content is for informational purposes only and is not intended to provide any tax or legal advice or provide the basis for any financial decisions, nor is it intended to be a projection of current or future performance.  This information has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed.


Magnifi

TIFIN Announces The Launch of Magnifi+ To Stream Investing Insights From Top Financial Professionals After Successful Pilot

The launch includes industry veterans Gary Kaminsky and Susan Krakower joining Magnifi+ as Chairman and Chief Creative Officer respectively

BOULDER & NEW YORK, June 2nd, 2022 — TIFIN, a fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, today announced the launch of their Magnifi+ platform. Magnifi + features investment intelligence from leading financial pros through proprietary and engaging video content. Individuals can learn from Wall Street luminaries and the nation’s top financial advisors as they share insights on topics that are trending in the markets and on Magnifi, TIFIN’s investment marketplace.

The platform launch comes after a successful six-episode pilot earlier this year that featured financial industry icons such as Jeffrey Gundlach, Kyle Bass, Cathie Wood, Mark Fisher, and others. The program garnered millions of views and sparked a 44% increase in financial advisors registered and using Magnifi for their investment research needs.

“In the last few years, we have seen both the retail investor and financial advisor communities embrace Magnifi as a powerful marketplace to answer investment questions and act on them,” said Dr. Vinay Nair, Founder, and CEO of TIFIN. “Magnifi+ will enhance our offering by providing inspiration that investors can use to ask more questions and help make better investment decisions.”

Today’s announcement includes two industry veterans, Gary Kaminsky and Susan Krakower, joining Magnifi+. Kaminsky joins as Chairman. He is a former CNBC capital markets editor and host and started his career as a successful money manager with positions including serving as the former Vice-Chairman at Morgan Stanley Wealth Management, and former MD & Senior Portfolio Manager at Neuberger Berman. In addition, Susan Krakower joins as Chief Creative Officer of Magnifi +. Susan is a senior media executive with a long, storied history in the financial media industry and was the creative engine behind launching many iconic investment programs including CNBC’s Fast Money, Mad Money, and Halftime Report.

“Since joining TIFIN as an advisor two years ago, I have had a chance to work closely with this team and I’m excited to take on new responsibilities to help educate and engage our investor communities,” said Gary Kaminsky, Chairman Magnifi+. “I have seen the value add that Magnifi can provide investors and advisors to break through the clutter as they discover investment solutions that meet their individual needs.”

“The marketplace wants this kind of targeted content and we recognize that direct-to-consumer streaming is where investors are getting their information now and in the future,” said Susan Krakower, Chief Creative Officer of Magnifi+. “Based on the successful pilot, the marketplace has shown that this kind of platform is needed and that’s why we are excited to announce the launch of Magnifi+.”

 

About TIFIN

TIFIN is an AI-powered fintech that leverages data science, investment intelligence, and technology to deliver engaging and personalized investor experiences. By connecting individuals to advice and investments, TIFIN bridges the gap between investors, their trusted intermediaries, and asset managers.

Founded in 2018 by Dr. Vinay Nair, a former Wharton Professor and successful entrepreneur, TIFIN was created to help make investing a powerful driver of financial well-being by eliminating frictions investors face.

TIFIN manages Magnifi, a search-powered marketplace for investments; TIFIN Wealth, a platform for advisors, wealth managers, and other intermediaries to deliver better individual outcomes; Financial Answers, a digital platform of investor communities; all powered through Distill, a central digital distribution and insights engine using TIFIN’s data platform.

 

For Media inquiries, please contact:

Zito Partners

Deborah Kostroun

[email protected]

201-403-8185

 

The information contained herein should in no way be construed or interpreted as an offer, recommendation, or solicitation to buy or sell any security.  All content is for informational purposes only and is not intended to provide any tax or legal advice or provide the basis for any financial decisions, nor is it intended to be a projection of current or future performance.  This information has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed.


Hightower Selects TIFIN Clout as its Personalized Digital Marketing Platform

The AI-powered platform has two-way integration with Salesforce, email applications and social media platforms that will allow Hightower advisors to improve collaboration and measurement and deliver meaningful growth outcomes

CHICAGOMay 17, 2022 – Hightower, one of the nation’s largest registered investment advisors (RIAs), today announced that it has partnered with TIFIN Clout, part of TIFIN Wealth, to serve as its personalized digital marketing platform, which will allow Hightower advisors to drive more leads and referrals, accelerate conversions and build trust with both clients and prospects through effective, measurable marketing campaigns.

The TIFIN Clout platform will support Hightower advisors in moving clients and prospects through all the steps of the client journey. As a next-evolution marketing platform, TIFIN Clout uses artificial intelligence (AI) and human understanding to track clients and prospects through the buyer’s journey and deliver meaningful growth outcomes. The platform has two-way integration with Salesforce, email and social media platforms that will allow Hightower to improve both collaboration and measurement.

Last year, Hightower launched a bespoke content marketing program that is helping its advisors grow and connect with prospects and clients by delivering timely and relevant thought leadership. With content created by Hightower’s experienced financial writers and marketers, the customized program provides advisors with access to a wealth of collateral—blogs, podcasts, newsletters, white papers, infographics, events, social media posts and investor-facing webinars with accompanying support—that can be formatted to match their brand. Approximately 75% of advisors are using Hightower’s content program to positive results.

“By partnering with TIFIN Clout, we’re evolving our content marketing program to provide our advisors with access not only to sophisticated content and collateral but also to advanced tools to track and measure their progress,” said Meghan McCartan, Hightower Managing Director, Head of Marketing. “TIFIN Wealth is an industry leader in fintech growth solutions, and we’re excited to pair this technology with our thought leadership to deliver even better results for advisors.”

Hightower advisors who implemented a targeted content strategy grew 3.2 times as fast as their peers in 2021. Advisors who implemented live/virtual events for prospects grew two times as fast as their peers, while advisors implementing podcast/TV/radio and social media strategies, grew at 1.8 times and 1.7 times respectively.

“We are delighted to partner with Hightower and their advisor network to build new and deepen existing relationships with their prospects and clients. In a world where every investor is different and expectations for personalized customer engagement are being set by other industries, firms need to stand out amidst all the noise to drive growth while also enhancing advisor productivity.” said Niharika Shah, General Manager of TIFIN Clout.

About Hightower 
Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., the firm operates as a registered investment advisor (RIA). Learn more about Hightower’s collaborative business model at www.hightoweradvisors.com.

About TIFIN/TIFIN Clout

TIFIN is an AI-powered fintech that leverages data science, investment intelligence, and technology to deliver engaging and personalized investor experiences. By connecting individuals to advice and investments, TIFIN bridges the gap between investors, their trusted intermediaries, and asset managers.

Founded in 2018 by Dr. Vinay Nair, a former Wharton Professor and successful entrepreneur, TIFIN was created to help make investing a powerful driver of financial well-being by eliminating frictions investors face.

TIFIN manages Magnifi, a search-powered marketplace for investments; TIFIN Wealth, a platform for advisors, wealth managers, and other intermediaries to deliver better individual outcomes; Financial Answers, a digital platform of investor communities; all powered through Distill, a central digital distribution and insights engine using TIFIN’s data platform.

TIFIN Clout is the growth marketing and client engagement platform within TIFIN Wealth. Clout delivers meaningful outcomes — more leads, faster conversions, and engaged clients — for financial professionals. Through a hybrid human + digital service, Clout provides insights into how clients and prospects engage with fresh, trending, and personalized content.

Securities offered through Hightower Securities, LLC member FINRA/SIPC. Hightower Advisors, LLC is a SEC registered investment advisor.

Media Contacts:

For Hightower: 
Patty Buchanan 
JConnelly 
(973) 567-9415 
[email protected]

For TIFIN Clout: 
Deborah Kostroun 
Zito Partners 
[email protected] 
201-403-8185

 


TIFIN closes $109 million in Series D at a $842 million valuation; adds Franklin Templeton and Motive Partners to its group of Investors.

J.P. Morgan and Hamilton Lane add to their prior investments; Funding in Series A, B, C and D totals ~$204 million in last eighteen months

BOULDER & NEW YORK, May 12, 2022 —  TIFIN, a fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, today announced the successful closing of $109 million in a Series D financing round. 

Franklin Resources (NYSE: BEN), a global investment manager operating under Franklin Templeton, and Motive Partners, a next-generation investment firm focused on technology enabled companies that power the financial services industry, join previous strategic investors. Hamilton Lane (NASDAQ: HLNE), a leading private markets investment manager, joined as an investor in the Series C round in October 2021. J.P. Morgan Asset Management, Morningstar, and Broadridge joined as an investor in the firm’s Series B round in April 2021. Rob Heyvaert, Founder and Managing Partner of Motive Partners will join the TIFIN board as part of the transaction.

The latest round brings TIFIN’s valuation to $842 million. The increase in valuation from its series B ($184 million) and series C ($447 million) over the past year reflects the growth in TIFIN’s product offerings, users and revenues.

TIFIN uses AI to drive personalization for wealth management, and digital distribution for investment managers. In pursuing its mission to make investing a more meaningful driver of financial well-being, TIFIN operates an ecosystem of focused divisions that include Magnifi, a search-powered marketplace for investments; Financial Answers, a demand and data generation platform for advice and investments;  TIFIN Wealth, a collection of personalization components to advisors, wealth managers and other intermediaries; and Distill, an AI-powered analytics and intelligence platform to drive digital distribution for asset managers and wealth enterprises.

This additional capital, alongside existing funds from prior capital raises will support TIFIN’s continued growth, with particular emphasis on Magnifi’s consumer platform, Distill’s expansion with asset and wealth enterprises, TIFIN’s expansion outside the US and additional fintech innovation initiatives.

“Wealth-tech and personalized advice are rapidly reshaping how financial solutions are delivered. As a strategic investor, we are excited to partner with TIFIN on developing cutting edge digital solutions powered by a wide range of investment strategies, sophisticated algorithms and scalable technology,” said Jenny Johnson, President and CEO of Franklin Templeton.    

“As we focus on identifying and growing value within the financial technology sector, it is critical to have an eye on the emerging technologies that can play a crucial role in the reinvention across the industry. TIFIN’s pedigree in overlaying data & analytics to drive personalization improvements across businesses is just one area that we believe will be essential in building further value within our portfolio companies. Our team of Investors, Operators and Innovators look forward to partnering with Vinay and the talented TIFIN team to deliver the next generation of financial technology infrastructure,“ said Rob Heyvaert, Founder & Managing Partner of Motive Partners.

“Hyper-personalized experiences are critical for the future of investment management as individuals demand more engaging and digitally intuitive approaches. At TIFIN, we are building algorithms to enable this within various wealth and investment journeys, while using natural language processing and conversational AI to simplify the user experience ,” said Dr. Vinay Nair, Founder and CEO of TIFIN. “At the same time, we are enabling digital distribution for our asset management clients using targeted, data-driven and end-to-end automation. We are delighted to have Franklin Resources and Motive Partners join us on this journey, as well as Rob joining our Board. We look forward to working with them and learning from their globally recognized expertise and connectivity in our space. We are also grateful for the support from existing investors including Hamilton Lane and JP Morgan.”

 

About TIFIN

TIFIN is an AI-powered fintech that leverages data science, investment intelligence, and technology to deliver engaging and personalized investor experiences. By connecting individuals to advice and investments, TIFIN bridges the gap between investors, their trusted intermediaries, and asset managers.

Founded in 2018 by Dr. Vinay Nair, a former Wharton Professor and successful entrepreneur, TIFIN was created to help make investing a powerful driver of financial well-being by eliminating frictions investors face.

TIFIN manages Magnifi, a search-powered marketplace for investments; TIFIN Wealth, a platform for advisors, wealth managers, and other intermediaries to deliver better individual outcomes; Financial Answers, a digital platform of investor communities; all powered through Distill, a central digital distribution and insights engine using TIFIN’s data platform.

 

For Media inquiries, please contact:

Zito Partners

Deborah Kostroun

[email protected]

201-403-8185