Fintech

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Robinhood app goes down for second time in a week
FINTECH MAR 09, 2020
Robinhood app goes down for second time in a week

The online brokerage was having problems with trading in equities, options and cryptocurrencies

By Bloomberg
Betterment surpasses $22 billion AUM in 500,000 user accounts
RIA NEWS MAR 06, 2020
Betterment surpasses $22 billion AUM in 500,000 user accounts

The digital adviser believes it remains on track toward its goal of going public

By Ryan W. Neal
Coronavirus will test your firm's tech
OPINION MAR 06, 2020
Coronavirus will test your firm's tech

Clients don’t need to be sick to feel the impact of the epidemic, and that goes beyond market volatility

By Kyle Hiatt
eMoney Advisor expands digital marketing capabilities
FINTECH MAR 05, 2020
eMoney Advisor expands digital marketing capabilities

The latest update to Advisor Branded Marketing automates how advisers find and nurture leads

By Ryan W. Neal
AssetMark buys RIA advising on $2 billion in assets
FINTECH MAR 05, 2020
AssetMark buys RIA advising on $2 billion in assets

The turnkey asset management platform's deal for OBS Financial Services will bring it relationships with 21 banks and 300 financial advisers

By InvestmentNews
Wealth managers: Technology, used right, is your best friend
OPINION MAR 05, 2020
Wealth managers: Technology, used right, is your best friend

Technology won’t make winners out of all advisers, but those who understand the origins of the digital age look well-positioned to thrive

By Chris Perry
Robinhood offers some clients $15 credit after outages
FINTECH MAR 05, 2020
Robinhood offers some clients $15 credit after outages

One customer has filed a class-action lawsuit against the online brokerage, claiming it failed to meet contractual obligations

By Bloomberg
How robo-advisers performed during coronavirus sell-off
FINTECH MAR 04, 2020
How robo-advisers performed during coronavirus sell-off

Wealthfront and Betterment stayed online, while TD Ameritrade's Essential Portfolios did well by capturing more market upside than downside

By Ryan W. Neal
Robinhood outage underscores risks of investing in the digital age
FINTECH MAR 04, 2020
Robinhood outage underscores risks of investing in the digital age

No system can ever be foolproof, so it's imperative that brokerages like Robinhood build-in the necessary fail-safes so people can always access their money

By Ryan W. Neal
Yesterday’s news: Robos, single-account models and other noncoordinated strategies
OPINION MAR 04, 2020
Yesterday’s news: Robos, single-account models and other noncoordinated strategies

What investors need – and what many firms are building to serve them

By Jack Sharry
Morningstar expands footprint with deal for Canadian financial planning technology
FINTECH MAR 03, 2020
Morningstar expands footprint with deal for Canadian financial planning technology

The purchase comes just months after Morningstar acquired an Australian tech company

By Ryan W. Neal
Robinhood brokerage is up and running, sort of, after outage
FINTECH MAR 03, 2020
Robinhood brokerage is up and running, sort of, after outage

Customers blasted the closely held company on social media during the outage and several said they would close their accounts

By Bloomberg
Robinhood suffers online outage as market advances
FINTECH MAR 02, 2020
Robinhood suffers online outage as market advances

As U.S. stocks headed for their first gain in eight sessions, the online brokerage had technical issues

By Bloomberg
Vanguard, TD Ameritrade latest digital services to struggle with market downturn
FINTECH FEB 28, 2020
Vanguard, TD Ameritrade latest digital services to struggle with market downturn

With more people than usual logging in to check their accounts or make trades, some platforms are slowing down

By Ryan W. Neal
New Vestwell infrastructure removes traditional record keepers from retirement plan administration
RETIREMENT PLANNING FEB 27, 2020
New Vestwell infrastructure removes traditional record keepers from retirement plan administration

Vestwell now brings all non-custody services in-house

By Ryan W. Neal
The latest in financial adviser fintech — February 2019
OPINION FEB 26, 2020
The latest in financial adviser fintech — February 2019

This month's edition kicks off with the big announcement that Visa is acquiring Plaid for a whopping $5.3B

By Michael Kitces
Empower, ETrade to let 401(k) clients view accounts alongside stock plans
RETIREMENT PLANNING FEB 25, 2020
Empower, ETrade to let 401(k) clients view accounts alongside stock plans

The retirement plan provider says the side-by-side view isn't a signal that the different accounts should be treated similarly

By Emile Hallez
Fidelity, Schwab customers saw online delays
FINTECH FEB 24, 2020
Fidelity, Schwab customers saw online delays

The website problems came as markets tumbled Monday morning

By Bloomberg
Wealth management in the 2020s
RIA NEWS FEB 24, 2020
Wealth management in the 2020s

Last year highlighted many of the major trends of the past decade, which will continue to shape the industry in the decade to come

By Joe Duran
T3 attendees at odds over actual adviser count at conference
FINTECH FEB 20, 2020
T3 attendees at odds over actual adviser count at conference

Conference founder Joel Bruckenstein denied suggestions that attendance has decreased or competition has increased

By Ryan W. Neal