With a total of $173 million in fresh funding in a matter of months, M1 Finance looks to scale in the highly competitive robo-advice space. The company will increase its headcount to roughly 300 employees.
The platform it's buying, HiddenLevers, allows advisers to perform portfolio- or security-level stress tests to measure sensitivity to macro-level risks.
Opening up the books will put pressure on companies to hire more women and also allow the industry to acknowledge the firms that succeed. There’s no reason for companies to keep investors in the dark about diversity.
The 430-page rule updates the agency's marketing oversight for the first time since 1961 and applies to social media communications.
Ally Invest President Lule Demmissie shares her experience as a leading woman in fintech breaking down internal barriers for gender equity.
CEOs and other women in the fintech C-suite are spearheading the sector's progression and paving pathways for gender equity.
Advisers don’t have to join the bulls, but they better join the discussion.
Wealthsimple will transfer all of their existing U.S.-based customers to Betterment, and will no longer support accounts based in the U.S.
With $125 million in fresh funding, Stash officially launched Smart Portfolio to allow users to opt-in for fully managed portfolios.
The Commonwealth Financial Network advised outside recruiters not to engage with MassMutual's reps. The company doesn't want to step on any toes due to a licensing agreement involving a tech firm it once owned.
MoneyLion is buying out the financial planning software startup just a few weeks after its SPAC deal and values the firm at $2.9 billion
The deal positions the turnkey asset manager to build its own financial wellness platform, similar to a strategy announced by TAMP powerhouse Envestnet last week.
The goal of the self-serve portal is for fintechs to identify use cases for the hundreds of APIs Schwab and TD Ameritrade have available.
Omer Ismail, head of Goldman's consumer bank, Marcus, and a colleague, David Stark, will help lead the retailer's fintech startup as it muscles into the banking business.
Envestnet plans to ramp up investments into a digital financial wellness ecosystem that connects multiple aspects of a user's financial journey.
Envestnet advisers can manage trust and estate planning accounts for their clients thanks to an API integration with Trucendent
SPAC deals are dominating the market as a convenient shortcut that allows fintechs to go public without the hassles involved in pursuing an initial public offering.
Minority-owned firms have a more challenging road to land funding, without which firms are unable to reach the next level of growth or attract the intellectual capital needed to take on competitors.
Apex Clearing is the latest wealthtech company to go public via blank-check merger, following in the footsteps of SoFi and MoneyLion
Digitalization could increase the market value of your RIA, a vital consideration in succession planning and enterprise value.
