Trading and portfolio rebalancing are among the most popular types of technology among advisors, but which providers are their favorite and what determines satisfaction?
A record $3.82 billion was stolen through investment fraud in 2022, a 128% increase over the previous year.
Nimesh Patel was named to the firm's newly created CTO position in February 2022.
MaxMyInterest's services will be available to more than 100,000 advisors using eMoney.
A vendor improperly destroyed 47 million electronic communications, including emails and instant messages, from 8,700 inboxes.
The funding will be used to continue developing the firm's technology and to grow its RIA, Alternativ Wealth, through acquisitions.
Artificial intelligence stands to positively impact advisory firms' relationships with their clients by fostering more personalized experiences.
The broker-dealer self-regulator highlighted a recent government advisory about a ransomware attack and told member firms to brush up on Finra's guidance on the topic from last December.
For advisors, LinkedIn and Facebook were far better for generating interactions than Twitter.
Both TD Ameritrade and Schwab have been busy addressing migration concerns, but a little perspective would be useful here.
The new partnership with Ascensus is the robo-advisor's second foray into college savings plans.
This month's highlights include Riskalyze's rebranding as Nitrogen, InvestCloud's executive exodus, Snappy Kraken's launch of an outsourced marketing service, and Lumiant's acquisition of health and longevity software Genivity.
There's a fair amount of legwork that needs to happen to get firms to the point where automation is possible.
AssetMark ended the month of May with $96.4 billion in assets on its turnkey asset management platform, up 10.9% year over year.
Its purchase of Oakbrook Solutions creates a combined firm that has more than 100 employees and serves clients representing a combined $2.5 trillion in AUM.
The fundraising was led by Motive Ventures, the venture capital arm of Motive Partners.
The technology is increasingly seen as table stakes for firms supporting financial advisors.
The Investment Adviser Association and SIFMA say a proposed 30-day requirement is too short. But Better Markets says it should be shortened to 14 days.
Wealthfront says its portfolio uses a mix of Treasury and corporate bond ETFs and can achieve an annual return of 5.48% after its 0.25% fee.
Marc Greenberg most recently worked at Blend, a white-label fintech that banks use to build consumer-facing digital products.
