Summit Advisor Services, a turnkey asset management program, was partially owned by an Aequitas venture. That company had been charged by the SEC with running a Ponzi scheme.
News of an executive reshuffling at Wealthfront comes at an interesting juncture for the automated-advice space.
Plus: Forecasting a Trump victory, the reality of retirement healthcare costs, and getting your emails opened
Robo-adviser's assets under management trailing key competitors could have been a factor in Adam Nash's replacement as CEO, fintech experts say.
FTV Capital takes small stake and board seat in risk software provider.
Deal combines two of the largest online brokerages and expands US operations of Canada's second-largest lender.
The robo-adviser claims the new service could boost a portfolio's return by 0.48% a year, or 15% over 30 years.
Experts at Insider's Forum in San Diego also questioned the generally sluggish pace of robo adoption across the advice industry.
While open to using robos for basic investing, they want traditional wealth managers for complex needs.
Data aggregation — and knowing what's on both sides of a client's balance sheet — is key to meeting new requirements.
Software could help with recognizing and planning around clients' loss of cognitive function.
Markets and upcoming elections weigh heavily on their outlook.
Custodian offers five portfolios with investment selected by Morningstar professionals.
Salentica client relationship management software to become part of Black Diamond platform.
An adviser shares his experience starting his own firm, and the challenges of not being able to depend on a home office anymore for phones, faxes, malware and more.
The technology company seeks to expand its responsible investing footprint with the RIA.
Wealth of tools popping up to help with compliance, but will require proper adviser due diligence.
Advisers know technology can improve efficiencies and foster strong client relationships, but some are finding the latest tools don't always deliver as planned.
