Policy Architect will help advisory firms and broker-dealers keep policy manuals up to date, among other features.
After several years of heavy cost cutting by advisory organizations, a small majority of 331 independent advisers surveyed by <i>InvestmentNews</i> — including both broker-dealers and registered investment advisers — plan to spend more on technology this year than last.
Providers make use of micro-booths to demo for advisers
BrightScope's new Advisor Pages allows reps and planners to connect with potentially vast numbers of prospective clients. It also highlights rules infractions and formal complaints lodged against advisers.
The online investing and information sharing site has also improved its account opening process and made it simpler for asset managers to sync shared portfolios.
New! The adviser's first stop for technology news and information.
Rather than having users select between choices such as people, companies or groups when searching, the site now combines combines the results.
Wall Street wirehouses might have the most to lose from a broad consumer move to web-based investment management services.
Two of the largest Wall Street banks — Bank of America Corp. and Wells Fargo & Co. — have been investing heavily in online platforms targeting self-directed investors.
