Plus a couple of fintech fundraising announcements and another alternatives platform hits the market.
Plus Pontera integrates with Envestnet, Tifin announces Morningstar collaboration, and Hearsay adds features to Sites.
The social media company is cutting off free access to its API, which will impact archiving tools used by financial advisors.
eMoney Advisor and FP Alpha have tools to help advisors with Roth conversions.
While advisors are in no immediate danger of displacement, simply repeating the 'people will always need a human advisor' mantra won’t stop the inevitable march of progress.
Smaller firms can still flourish amid the rampant M&A activity, but they need to employ targeted client development and strategic outsourcing.
It's safe to say that the more adept you are at selecting, implementing and utilizing the available technologies, the better off your practice and your clients will be.
Plus Morningstar adds investment planning to Advisor Workstation, Element secures $5 million and Kwanti announces an asset screening feature.
The AI tool explains that the market is too unpredictable to design such a fund, while warning about the need to pick investments that align with goals and risk tolerance.
The firm is the latest bank to require individual staff to bear some of the burden of an unprecedented regulatory investigation.
The data, which is aggregated to artificial intelligence, cover more than 5,000 North American companies across 385 ESG topics.
Golding founded Junxure with his partner, Greg Friedman, in 2001 as a CRM specifically designed to serve financial advisors.
According to data collected from 14,000 RIAs, 80% are using digital client onboarding tools.
Soteria blends personalized safe-landing target-date fund glide paths with the personalization of managed accounts.
Plus First Rate, a Texas-based provider of wealth management technology, has acquired Finantech SpA, a Santiago, Chile-based reporting fintech.
YieldX’s technology will be integrated into FNZ’s existing product to enable advisors to scan the universe of fixed-income securities.
Founder Bob Cortright is stepping back in as global CEO of the digital custody and clearing firm upon the exit of Terry Angelos.
Other direct indexing products have avoided the fixed-income space because it has a different liquidity profile and requires going directly to dealers.
The Zoe Wealth Platform charges a fee based on advisory assets for everything an RIA needs to work with clients.
The industry has focused almost exclusively on cybersecurity controls over the past few years, instead of understanding what their core obligations and fiduciary responsibilities are for client data.
