With a new AI-powered analysis tool and a scenario modeling module, the two wealth tech providers are boosting advisors' tax and estate planning.
The move marks a pivotal strategic shift for the women-focused investment advisory firm and top-growing RIA.
The CFP Board today issued an ethics guide for generative AI, coinciding with a separate report showing that most advisors are using the technology in some way.
The wirehouse's "strong investment in technology and AI has improved financial advisor productivity," KBW's David Konrad said.
With looser regulations in the offing, the digital trading platform is looking forward to expanding its trading business further beyond traditional brokerage services.
The broker-dealer behemoth is addressing demand from high-net-worth advisors and investors with a new partnership, while deepening its collaboration with SS&C and iCapital.
Despite the risks, tech leaders say the growth of automation in client meetings could ultimately boost wealth firms' efforts at developing younger advisor talent.
The platform's new feature addresses a gap in traditional DAF giving, bolstering advisors' ability to do tax-efficient philanthropic planning.
The fintech firm is cementing its status in the workplace savings space with its latest ESA offering, which employers can integrate into their existing benefits package.
The alliance will give Black Diamond users the first chance to use a newly launched advisory suite as Morningstar shutters a legacy advisor platform.
The two-decade veteran, whose career also includes a stint at Merill Lynch, will help shape strategy for the Google engineer-founded fintech.
DIY investment giant's earnings surge as TradePMR acquisition plan rolls along, putting it on strong footing for future expansion.
The $38 billion national RIA's latest fintech partnership joins a broader trend of platforms helping firms and advisors pursue organic growth with artificial intelligence.
The top estate planning platform's veteran hire will lead its legal team's efforts to develop estate planning, tax analysis, and wealth transfer solutions for ultra-high-net-worth clients.
Fintech platform interVal has also introduced a new feature to help advisors support entrepreneurial business owner clients better.
Collaboration boosts capabilities for client account management.
Orion surveys reveal how advisors' tech investments could be a make-or-break factor for retaining millennial clients.
The wealth tech platform providers are looking to reach more advisors and firms with key leadership additions to their respective leadership teams.
Collaboration comes as the alternatives-focused tech provider rolls out other enhancements to its leading portfolio construction tool.
The firm founded by serial fintech entrepreneurs aims to capitalize on its rise to leadership with continued innovation and expanded capacity to meet demand.
