Wealthtech rollouts accelerate
Several wealthtech moves landed this week: Federal Bank launched a Fed Wealth platform and Wealth Hub with Equirus, Envestnet added interval funds to UMA for private-market access, and Flourish debuted Lending for RIAs to help retain assets. Each product expands tools advisors can cite when pitching alternatives, lending, or affluent client programs. ( )
Envestnet made the first series of interval funds available on its UMA on March 16, 2026, and will oversee research, trading, rebalancing, tax‑loss harvesting and model updates for those funds inside the UMA. (PRNewswire (prnewswire.com)) The rollout began with a whitelisted, limited set of interval funds and built-in guardrails and an administrative overlay; Envestnet says it will add more managers and additional semiliquid products over the rest of 2026. (WealthManagement.com (wealthmanagement.com)) Industry data cited alongside the launch shows interval‑fund assets were about $98 billion at end‑2024 and RIA adoption of interval funds rose to roughly 80% in 2025, underscoring why Envestnet is prioritizing integration. (InvestmentNews.com (investmentnews.com)) Flourish announced Flourish Lending on March 17, 2026 as a co‑branded mortgage solution that supports purchase, refinance and cash‑out loans up to $10 million for primary and investment properties. (Yahoo Finance / GlobeNewswire (finance.yahoo.com)) The lending product builds on Flourish’s 2025 acquisition of Sora Finance and Flourish’s existing footprint — the company works with more than 900 RIAs and has roughly $7 billion in assets under custody — positioning it as an integrated deposits and lending vendor for advisors. (Citywire.com (citywire.com)) Federal Bank formally launched its Fed Wealth platform and opened a Wealth Hub on March 9, 2026, restructuring its seven‑year arrangement with Equirus so the bank will lead the wealth franchise while retaining an 8.69% stake in Equirus. (BusinessWireIndia.com (businesswireindia.com)) The bank says Fed Wealth will offer a curated suite — fixed income, equities, mutual funds, alternatives and GIFT City opportunities — with dedicated Wealth Hubs for premium in‑person and virtual relationship management led by Virendra Somwanshi. (FinancialExpress.com (financialexpress.com))
