Robo-adviser Betterment has signed a deal with Zenefits, a provider of online human resources tools for small and midsize businesses, to offer its 401(k) plans on the Zenefits platform.
Employees who enroll in a Betterment plan through work also will receive access to personalized advice, managed accounts, goals-based investing portfolios including socially responsible options, checking and high-yield cash accounts, and additional retirement accounts like IRAs, Betterment said in a release.
Allspring’s active strategies join Vestmark’s tax-aware UMA platform as RIA adoption gains traction for custom portfolios
“A better tool does not on its own make a better outcome,” said Humanity Labs CEO Andrei Pop.
“[Vestmark] bring to us the very scaled sponsor trading,” said Envestnet’s Sue Burton.
With 99.9% of companies now exempt from ownership reporting, advisors face widening gaps in client due diligence data.
A new TIAA survey finds 43% of Americans cut retirement contributions in the past year, even as a Social Security cliff looms.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
