Astraeus Launches AI Platform for Advisory Firms

Astraeus, founded in 2025, has launched its AI-native infrastructure platform, designed to provide artificial intelligence with firm-specific context for regulated advisory businesses.

Intended for use by investment advisory firms, wealth technology platforms, private equity firms and strategic consulting organizations seeking to modernize their infrastructure and build AI-native operating environments.

Astraeus was co-founded by CEO Phill Rosen (former CTO of MoneyLion) and Jon Stevenson (another senior former MoneyLion executive).

“Wealth management firms have spent years adding systems, workflows and data sources to address specific needs,” said Rosen. “The result is an industry operating on fragmented architecture that limits visibility, creates operational drag, and constrains growth. We built Astraeus to provide a unified infrastructure that understands how a firm actually operates and enables every decision, workflow and process to benefit from that context.”

At the core of the platform is a semantic layer and ontology that encode relationships between clients, advisors, accounts, products, fees, policies and regulatory requirements.

The platform is designed to be model-agnostic, enabling organizations to leverage what best fits specific business functions while preserving ownership over data, context, governance and decision-making logic, according to the company.

Astraeus has raised over $10 million to date, including backing from Fintech Collective, F-Prime, Walkabout Ventures and Plug and Play Ventures, according to the company.

The company joins a growing profusion of agentic AI providers and wealth management operating systems providers of varying types seeking to serve enterprises from OneVest to Advisor360, Humanity Labs and others.

Dispatch Forms Advisory Board With Four Wealth Management, Fintech Leaders

Dispatch, a data infrastructure platform for the wealth industry, has appointed Bob Oros, Rajini Kodialam, Stephen Langlois and Sachin Shah to its inaugural board of advisors as the company expands its customer base and platform capabilities.

Oros most recently served as chairman and chief executive officer of Hightower Advisors, while Kodialam is co-founder emerita of Focus Financial Partners, where she served as chief operating officer and board member. Langlois has held executive leadership roles at Kestra Financial, Fidelity Investments, eMoney Advisor and LPL Financial, and Shah served on the executive leadership team at 55ip through its acquisition by J.P. Morgan Asset Management.

The appointments follow the launch of Advisor Transitions earlier this year, with the company claiming to have helped customers transition more than $20 billion in client assets.

Dispatch has significantly grown over the past year while increasing the collective assets managed by customers on its platform from approximately $900 billion to more than $9 trillion, according to the company.

In addition to advisor transitions, the platform powers account opening, client onboarding and real-time data synchronization.

Launched in late 2022 as OneAdvisory, the company rebranded in January 2024 to Dispatch and announced it had raised an additional $8 million seed funding (bringing its total funding then to $10.6 million). Dispatch raised $18 million in a Series A funding round in August 2025, bringing its total capital to over $28 million.

Orion has integrated fractional share trading into its next-generation trading and rebalancing platform for advisors who custody with Schwab Advisor Services, allowing advisors to implement client models to the dollar rather than rounding to whole shares.

The capability runs through Orion’s existing workflow and order management system, enabling Orion Advisor Tech clients who custody with Schwab to begin trading fractional shares without separate tools or manual workarounds, according to the company.

“Advisors have told us fractional shares would make a real difference in how precisely they can manage client portfolios, and we’re glad to bring that to advisors and firms who custody with Schwab,” said Trent Mumma, chief product officer at Orion.

The fractional share trading feature allows advisors to implement target allocations to the dollar rather than rounding to whole shares, including for high-priced securities, the company said.

Smaller accounts and new fundings can be fully invested without waiting to reach a whole-share price, reducing cash drag, according to Orion.

The capability enables more precise execution of model swaps, glide-path adjustments and tax-loss harvesting.

Fractional trading is currently available for Orion Advisor Technology clients using Orion Trading and for Orion Custom Indexing sub-advisory clients, according to the company.

Custodian Fidelity rolled out fractional share trading to its retail clients in January 2020, with Schwab following suit in June of that year. Neither was the first; Apex Clearing began offering the service in 2018, providing it to several discount brokerages and robo advisors soon thereafter. Robinhood followed in 2019.