Additionally, BNY Mellon invests in a fixed-income fintech and Broadridge partners with IntraFi on securities-backed lending.
The brokerage platform has launched Robinhood Retirement, which lets users open IRAs on its platform and matches 1% of their contributions.
As more advisers work remotely and turn to messaging apps and social media to communicate, they’re exposing themselves to a higher risk of exploitation through impersonated and hijacked accounts.
Riskalyze's Aaron Klein embraces the Luddite position of not expecting technology to ever replace the human adviser.
The SEC finds that some firms use generic compliance programs that aren't tailored to the particular hacking dangers their accounts face.
Seeds Investor, a software offering digital client assessment, automated portfolio construction and ongoing client engagement tools, has backing from funds linked to Stocktwits founder Howard Lindzon and Ritholtz Wealth Management.
The application, called ‘Opportunities,’ is intended to prompt adviser-client communication.
ARC, based in Beverly Hills, California, provides compliance solutions for registered investment advisory firms.
A roundup of the week's top tech news, including MaxMyInterest integrating with Wealthbox, CapIntel's growth and Smarsh hiring new executives.
The groups that Hassan will take responsibility for were previously part of the global wealth-management operation.
The Find My Advisor app enters an increasingly crowded field of services hoping to connect clients and advisers.
J.P. Morgan Wealth Management scored 728 out of a possible 1,000 points in J.D. Power’s study, which was based on a survey of more than 6,000 investors.
The subscription-based service’s key feature is its in-app ESG data and rankings, which provides information to retail investors on public companies’ environmental, social and governance practices.
The unsecured convertible notes have a 2.625% annual interest rate and will mature on Dec. 1, 2027.
Customers with less than $20,000 on Betterment will now be charged a $4 monthly subscription rather than a 0.25% AUM fee.
This month's highlights include the launch of a new RIA custodian, Entrustody, along with Orion's announcement of Redtail Campaigns and Riskalyze's plan to rebrand itself.
Hedge fund Impactive Capital is threatening a proxy fight in an effort to secure a seat on Envestnet's board.
Though 58% of the advisers and executives surveyed classified their technology as 'modern,' 65% reported losing business because of outdated software.
A roundup of the week's top fintech news, including crypto's collapse, Envestnet's custodian plans and SEI adding UMAs.
Savvy isn’t a consumer-facing robo-adviser or a wealth fintech building tech for other RIAs; instead, it's a fairly classic RIA with proprietary technology built entirely in-house.
