FutureVault

Today marks a significant milestone for FutureVault as we officially announce the integration of Artificial Intelligence (AI) and Private Large Language Models (LLMs), ultimately powering the future of financial services and delivering a new value paradigm like never before. FutureVault was conceptualized with a view that the aggregation of critical documents when coupled with AI will ultimately change the face of financial services and advice for the better. While today’s announcement officially highlights the integration of private Large Language Models (LLMs) in the FutureVault platform, we have adopted and introduced Artificial Intelligence (AI) into the platform as early as 2016. In 2021, we were successfully granted our first of many patents from the United States Patent and Trademark Office (USPTO) for our AI-driven Auto-Filing capability, a proprietary capability leveraging Optical Character Recognition (OCR) and Artificial Intelligence to suggest optimal filing locations for documents. "By aggregating documents across all facets of clients’ lives – financial, health, education, etc., the power of a private LLM to gain a holistic view of a client’s life is powerful and differentiates FutureVault from other platforms that can only offer a siloed view of a person’s situation based on the limited information they contain.” — Daniel Kenny (FutureVault CEO) “Data within documents holds immense power, providing rich, contextualized information central to client and enterprise operations within Digital Vaults. Our use of AI and private LLMs enables a client-centric experience and enhances primary client relationships for institutions, enterprises, and front-office professionals.” — G. Scott Paterson (FutureVault Founder & Executive Chairman) Read the full press release to learn more about today's announcement: https://lnkd.in/gmG79DH8

We are thrilled to announce that we have secured additional funding to fuel further investment in our AI-Powered Digital Vault innovation and to continue transforming the Enterprise, Advisor, and Client Relationship paradigm. We are grateful for our existing and new shareholders' confidence in our mission to transform document and data intelligence for financial services. Read the press release for more details. https://lnkd.in/g2dFyhQb #WealthTech #FinTech #AdvisorTech #DigitalVault #FutureVault #AI #LLMs

The integration of AI and private Large Language Models (LLMs) into Digital Vault technology delivers material value by transforming the way wealth management enterprises and advisors build relationships and engage with clients, manage the complexity of documents across multi-generational households, and deliver actionable insights across the enterprise for the Head Office, Lines of Business, Advisors, and importantly, for Clients and their families.  Evolving from investment-only advice, advisors can now confidently provide a comprehensive view of clients, enabling them to deliver personalized advice and insights across a client’s entire life, and ultimately positioning themselves as the client’s most trusted partner. Make no mistake, this is the winning value proposition for firms and advisors everywhere.  FutureVault stands at the forefront of this transformation, helping firms centralize client-servicing operations and materially enhance the advisor-client experience. Below are four must-read, can't-miss insights to share with your team: (1) Having a secure centralized repository to store, aggregate, and collect documents (yes, that's what we do) is critical for unlocking the value of LLMs and AI in extracting and analyzing data, driving automation, and delivering actionable insights. (2) Alpha Content—client-provided content—is paramount to unlocking additional insight and gaining a comprehensive view of clients’ lives. Alpha Content is king. (3) Data within documents is infinitely more powerful than isolated, stand-alone data. Why? Documents provide proof, relevance, legitimacy, and arguably the most overlooked aspect, context. Context is everything. (4) Document aggregation combined with AI and private LLMs leads to deeper client relationships, more efficient operations, and a more personalized, client-centric approach to financial services. Let this sink in... according to Gartner, firms that harness the power of document data can outperform competitors by up to 50% in terms of client retention and engagement.     #FutureVault #DigitalVault #AI #AritificalIntelligence #LLMs #DataExtraction #DocumentIntelligence #WealthTech #FinTech #AdvisorTech

Today marks another milestone in the FutureVault journey with the announcement of our partnership Portfolio Aid Inc. to support leading wealth management enterprises in redefining the standards for compliance, security, efficiency, trust and delivering unparalleled value to investors and clients. Our partnership offers wealth advisors an opportunity to engage with clients and their next generation while at the same time affording their clients the ability to securely interact with their network of trusted professionals (estate attorneys, accountants, insurance brokers). We look forward to working closely with the incredible PortfolioAid team and continuing to deliver massive value for leading institutions and wealth management enterprises. https://lnkd.in/gvmbb-Ts #FutureVault #PortfolioAid #Compliance #AdvisorTech #WealthTech #DigitalVault

We are thrilled to announce the promotion of Simon Tipler to Chief Product Officer! Simon continues to be an integral part of our team, demonstrating unwavering dedication, an exceptional work ethic, and visionary leadership. Simon's expertise in product and project management, combined with his innovative spirit, has been instrumental in shaping our product and driving success for our clients and partners. As CPO, Simon will continue to lead with passion, guiding our product strategy and ensuring we remain at the forefront of innovation, AI, and our industry. Please join us in congratulating Simon on this well-deserved promotion! 🎉👏 #Leadership #Innovation #AI #Teamwork #CareerGrowth #ChiefProductOfficer #Congratulations

Welcome to our best #financialservices #innovation articles and thought leadership discussions that the Institute for Innovation Development (IID) developed throughout 2024. The Institute is both a business innovation platform and a network of financial services innovators dedicated to increasing awareness, understanding, and spurring more usage of important innovations in thinking and next-generation products/services for financial advisors and industry executives. We actively search for and work with key innovative firms and leaders across the industry including interviews with FinTech CEOs, innovative business leaders/consultants, progressive asset managers, as well as, exploring next-generation client and community engagement strategies to uncover leading trends, opportunities, and threats within our evolving industry. Please do a quick review and explore our list of top articles which will also give you an indication of the innovative people, discussions, and topics that we will continue to explore and bring to you in 2025. Join us for the ride! Cheers! Key innovative firms and leaders interviewed include: Nathan Stevenson CEO of ForwardLane Inc. Rocco Pellegrinelli, CEO of Trendrating Carroll Golden, Executive Director, NAIFA Brian Moran, CIMA, CEO, FLX Networks Jeannette Freedman Kuda, CEO, TIFIN AG Paul Lussow, CEO, TIFIN Give Brian Thorp, CEO, Wealthtender Gary Tenkman, CEO, Ultimus Fund Solutions Hazem Gamal, Managing Director, The SME Forum (Company) - Sales and Marketing Enablement Forum Daniel Kenny, CEO, FutureVault Dan Sondhelm, CEO, Sondhelm Partners Karl Roessner, CEO, Vestmark Matthew Chang, PE, Founder, Chang Robotics Bill Sowell, CEO, Sowell Management Jason L Smith, CEP®, BPC, of C2P Enterprises Russ Schultz, CEO, Schultz Financial Group Inc. Erik R. Flegal, Managing Director, Family Fortune Financial LLC Steven Guilfoile, CEO, AffordaCare Insurance

Happy New Year from our team to you and yours! 2024 was a big year for our team, filled with challenges, opportunities, wins, and a ton of growth in many areas of our business, product, and team. As we reflect on significant milestones in the last 365 days, we're even more excited about the next 365 days. For every win—big and small—we owe a heartfelt thank you to our incredible team, trusted partners, loyal customers, supportive investors, and those who continue to champion our journey. Your belief in and commitment to our vision fuels our drive to deliver excellence in many ways. Here’s to a BIG year ahead in 2025! HAPPY NEW YEAR! – Team FutureVault

From our team to you and yours, we wish you a Happy Holiday season and a Merry Christmas 🎅🎄. This year was certainly one for the books, filled with growth, progress, partnerships, and significant milestones across the board. While we take the next few days to unwind over the Holiday season, we're equally as eager, excited, and ready for the opportunities and challenges that are waiting for us in 2025 (and beyond). For every win—big and small—we owe a heartfelt thank you to our incredible team, trusted partners, loyal customers, supportive investors, and those who continue to champion our journey. Your belief in and commitment to our vision fuels our drive to deliver excellence in many ways. Here’s to a bright and BIG year ahead, together! Happy Holidays! – Team FutureVault

FutureVault CEO, Daniel Kenny, recently contributed to Forbes with his latest article, 'Every Enterprise Needs An AI Strategy: Does Your Organization Have One?' In this article, Daniel unpacks why every organization—regardless of size, scale, geography, or even industry—must adopt an AI strategy or risk falling behind. AI adoption is rapidly increasing across industries, delivering clear, measurable benefits. In fact, According to McKinsey & Company, 50% of organizations have adopted AI in two or more business functions, with many seeing AI-related revenue gains across the board. Conversely, firms that lag in AI adoption are increasingly outpaced in operational efficiency, customer engagement, and data-driven decision-making. A comprehensive AI strategy enables organizations to transform not only processes but entire business and service models. In financial services and wealth management, we're seeing the proliferation of AI playing a monumental shift in helping to redefine risk management, investment advice delivery, personalization, and advisor-client engagement. Our firm is on the forefront of this innovation, bringing AI-powered Digital Vaults to financial institutions and wealth management enterprises, powering the firm and advisor of the future. https://lnkd.in/gfTXJyaJ #AI #ArtificialIntelligence #LLMs #ClientEngagement #DigitalTransformation #DigitalVault #FutureVault

The future of the Family Office is the Fundamentalist Family Enterprise. According to Franklin T. , the Fundamentalist Family Enterprise is a Family Office that has matured along its enterprise journey to realize it is more important to figure out how to capture and translate the ethos of the family’s philosophies and core strengths into digital lessons for the next generation. The fundamentalist family enterprise should focus on the following foundations: (1) Truly understanding the definition of enterprise value and knowing which endeavors and projects do nothing to generate family enterprise value. (2) Defining and understanding the value of creating defensible moats around the family enterprise. (3) Defining and understanding the role of technology to create a “family enterprise technology plan” that assists with internal family dynamics; essentially using technology to help remove internal roadblocks that often plague generational power transfers. "For Family Offices, it might prove well to consider solutions such as FutureVault. Founded by G. Scott Paterson, FutureVault empowers the family enterprise to create a secured internal family vault that saves critical documents across all facets of a family operation (e.g., trusts, investments, tax, billing statements, agreements with service providers, legal, etc.)." ps://https://lnkd.in/gbtjH9tm #FamilyOffice #FinTech #AdvisorTech #WealthTech #FamilyOfficeTech #DigitalVault #FutureVault