Got a great idea that could transform the investment advisory business?
On Monday, TD Ameritrade Institutional introduced Innovation Quest, a competition that invites fintech innovators to develop cutting-edge solutions for RIAs.
Entries must submitted by Sept. 15, and a month later, the top three finalists will be announced. Each will receive $25,000 to develop his or her ideas, including a video and proof of concept.
The competition's final round will take place Feb. 7 in San Diego during TD Ameritrade Institutional's annual National LINC conference. The finalists will present their ideas before competition judges and a live audience of RIAs, who will have the opportunity to participate in voting for the winning idea.
The winner will be announced the next day and will receive an additional $25,000.
The 2018 National LINC took place in January.