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.
Social Security is forecast to run out of funds by 2035, company pensions (as well as full-time employment itself) are in decline, and millions are facing a squeeze on savings. People planning for their retirement are looking for fresh advice to help guarantee long-term financial security.
Fintech platforms are helping to ensure customers not only understand what diversification means, but also how it can help them build a more balanced portfolio.
Property and casualty insurers join life and annuity investors already backing the company.
Envestnet now owns Harvest's technology, including its automated micro-savings and digital account opening tools.
AdvicePay, the payment tool co-founded by Michael Kitces, is trying to make it easier for large advisory firms to adopt different fee models.
Robinhood's confetti animation led to heavy criticism of its gamification tactics, but advisers say investor education is still what's needed.
The advertisement is just the latest ploy in an industry war over the throngs of retail investors flocking to digital wealth platforms. The new account openings will certainly have repercussions.
Fintech providers are partnering up to provide more crypto options for advisers to include digital assets in their portfolio management services.
Makara is an SEC-approved robo-adviser gearing up to provide investors automated services with a focus on cryptocurrencies. The product will charge a combination of a 1% management fee plus an annual fee.
