Fintechs are buying books of business and hoping in-house tech stacks are enough to entice financial advisers to come on board.
Firms need purpose-built tools to manage their discovery responsibilities as the emergence of Slack, Zoom, Microsoft Teams and other communication channels has made e-discovery far more complex.
The deal, which will close later this month, pushes the assets on iCapital's platform to more than $118 billion.
The latest apps like WhatsApp and emailing platforms like Gmail are beginning to play an oversized role in adviser communications, a trend that could increase as more clients choose to communicate via their smartphones.
Frontier Growth is taking a minority equity stake in the Rhode Island-based fintech.
ESGgo will monitor and eventually help improve companies' disclosures.
The San Diego-based firm reassured clients and investors about the viability of the company moving forward in a blog post Monday, and sent a heartfelt message to the 18 employees that were let go.
The new account will be free; it will include a feature for automatically investing a percentage or standard dollar amount from paychecks, as well an early deposit feature that will let users receive their income up to two days early.
According to a new study published by The Vanguard Group Inc., the vast majority of advised clients aren't interested in totally digital advice.
The asset manager will use customized technology from iCapital to facilitate its clients' use of its offerings of alternative investments.
The increase in remote work, conducted over networks that may not be secure, as well as the widespread use of mobile apps, have added a new level of risk.
The company's benefits equity scorecard can help employers match the benefits they provide to employees' needs.
The new director of the SEC Division of Investment Management, William Birdthistle, makes his public debut at the Investment Adviser Association conference.
The latest edition of the Robo Report by Backend Benchmarking tracks 58 accounts at 35 different providers and includes both qualitative factors, such as financial planning features, as well as the performance metrics.
Chicago-based Hub will buy Insureon’s digital insurance agency and its brand, while Bold Penguin will take control of its technology platform.
The Department of Homeland Security has set up a page warning of cyberattacks emanating from Russia, and both the SEC and Finra echoed those concerns in notices to the public.
Co-founder Eric Ervin, who's taking over as CEO, alludes to the 'stresses of dual leadership' in an email to investors.
The fintech is reportedly being shopped around to private equity firms in what could potentially become one of the largest wealthtech deals to date.
The world’s largest firms are betting that new tools from wealthtech providers, ranging from AI to robotic process automation and blockchain systems, can help slash costs while increasing assets.
Small to midsize wealth management firms are more likely to purchase third-party tools than their wirehouse counterparts.