Naureen Hassan, who previously oversaw Charles Schwab & Co.'s retail robo-adviser platform, has been hired as chief digital officer for wealth management at Morgan Stanley.
Vestorly, a company whose platform allows advisers to sift through content to share with clients, is using the $4.1 million in fundraising it recently secured to implement artificial intelligence technology to its services.
Financial adviser technology M&A activity totaled nearly $4 billion in 2015, led by SS&C's blockbuster acquisition of Advent and marked by smaller deals for services ranging from financial planning software to robo-adviser technology.
As the robo-adviser movement gains traction and giants such as Schwab and Vanguard flex their muscles in the space, competitors are trying to outmaneuver each other to survive.
As part of a strong cybersecurity policy, advisers need to pay more attention to stronger password, fingerprint scanners and other technologies to protect their data, especially as the Securities and Exchange Commission sets its sights on cybersecurity this year.
Allowing employees more flexibility and control over their work routines can lead to greater productivity and a long-tenured team.
Client-relationship management program Microsoft Dynamics announced upgrades on Monday, but some financial advisers say the platform is still not ready for the big leagues.
As Morgan Stanley's head of wealth management, Greg Fleming, steps down, Jim Rosenthal, chief operating officer, is stepping up to take the reins of the firm's impending digital offering.
That date still leaves some ETF fans shaking in their boots. The report tells us what happened, but not why or what to do to prevent future recurrences.
Online investment platforms, which for the most part offer passive investment portfolios, say their clients can handle market volatility in 2016.
Some highs and lows, swings and misses
Understanding how you work with your technology today will ensure you understand the impact of the changes you are planning.
RCS Capital Corp. is still evaluating Docupace, the SEC- and Finra- compliant paperless processing system used by its retail broker-dealer network, as RCAP prepares to file for bankruptcy.
When figuring out how to best engage with clients, age is only one factor that should be taken into consideration
Some ideas on what to send to clients, and how to do it
Wealth Management President Gregory Fleming says a digital platform could attract younger clients to the firm.
Financial professionals need not fear robo-advisers, but they can't afford to ignore them
What may happen when cybercriminals target the financial advisory industry?
Steve Dunlap takes the helm at the wealth management tech provider FolioDynamix.
Now is the time to determine marketing strategies to achieve your goals in the coming year.
