The online brokerage was responding to Buffett's comment that Robinhood is contributing to the "casino aspect" of the stock market.
Lawsuits have popped up alleging wide-reaching conspiracies and gamification strategies at some of the most well-known firms. Online brokerages are increasingly responsible for rebuilding public trust.
Finra has allowed fully remote inspections during the pandemic, and the industry is now encouraging the regulator to make the temporary adjustments into long-term changes.
Hype from retail and institutional investors on digital assets isn’t enough to sway skeptical advisers who are weighing the risk and reward of crypto before adding the asset class to clients' portfolios.
Advisers who enroll in the program will be qualified as experts in digital assets, says RIADAC founder Ric Edelman.
Account openings at online brokerages have skyrocketed, but the number of problems cited by customers have doubled during the past year.
The annuities business, while being an early mover, still lags where some consumers want to see it, according to NYDIG. Recently, several insurance companies have made big investments in the firm.
Robinhood plans to double the number of full-time registered reps this year after recruiting 100 advisers from other firms since 2019.
Orion President Noreen Beaman outlines how the three new hires align with the fintech's future growth trajectory. The move comes almost one year after the Brinker Capital merger in June.
For years, Wells Fargo Advisors has touted its in-house investment management and planning platform for clients and advisers, called Envision. Now, it is introducing the outside eMoney Advisor.
Some of the biggest names in financial services are building the wealthtech equivalents of Uber right now, and they’re using APIs to do it.
Robos are continuing to make incremental product expansions to make their digital advice platforms more competitive with incumbent banks.
The integration of the two technologies is mutually beneficial, giving RIAs access to Schwab client data and AdvisorEngine’s adviser toolbox.
The world's largest retailer announced plans to launch a digital advice platform for its 220 million weekly clients. It will likely target lower-income Americans with simple but necessary financial products.
The big news, announcements and underlying trends emerging in the world of technology solutions for financial advisers!
Bitcoin hit a record of more than $64,000 as Coinbase Global Inc., the largest U.S. cryptocurrency exchange, went public last week. Advisers and Wall Street have reached an inflection point when it comes to cryptocurrencies.
Betterment's push to expand across multiple business lines and recent M&A activity could be prompting the robo-adviser toward new gains.
The past year has exposed a stark divergence in the investment behavior of millennial investors compared with their older counterparts. A huge generational transfer of wealth, at roughly $68 trillion, is poised to fall into the hands of the millennials.
Coinbase introduces millions of people to the world of digital assets, pushing financial advisers to surf the crypto wave before it crests. Some advisers are still skeptical.
Luma aims to get a broader set of advisers to engage with annuities with access to the Cannex database and annuity-focused tools.
