Originally from Northern California, Ryan received bachelor's degrees in English and philosophy from UC Santa Barbara before beginning a career in journalism at the Santa Barbara Independent. After a few years of freelancing, bartending and snowboarding in Colorado, Ryan moved to New York to earn a master's degree in journalism at Columbia University. He has covered the advisor fintech beat since 2014. He Tweets at: @ryanWneal
New platforms provide a curated menu of products like private equity, private credit, venture capital, real estate and hedge funds.
Firm adds premium and private wealth management tiers with elements of goals-based planning and career advice.
Live balance sheets and budgeting are among the tools customers will be able to add to client portals.
B-Ds grew assets at a rate of 9.1% year-over-year, beating industry's overall rate by 1.9%.
Startup uses Folio Institutional as custodian and supports investments from Dimensional Fund Advisors.
Daily reconciliation tool is added to platform for trading, performance, reporting and billing.
Technology is expected to improve speed, accuracy while lowering costs—and advisers might benefit, too.
Retirement plan advisers and firms can use software filters to see how their fees compare to industry peers.
Vulnerabilities include access-management systems and people processes, according to report on exam findings.
Market forces like fee compression and new regulations are driving the shift, but resistance to tech remains strong.
