Displaying 136 results
Wall Street needs to come clean on diversity data
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.
How Black-owned fintechs are closing the racial wealth gap
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.
The GameStop lawsuits are missing the point
A host of discount brokerages, including Robinhood, Charles Schwab and ETrade, are now facing accusations of market manipulation. The challenges are expected to face tall legal hurdles.
Give investors what they want — a Bitcoin ETF
Ever since Bitcoin rallied to all-time highs this month, the big question advisers are asking themselves is when will it be suitable to use the cryptocurrency in client portfolios.
Why a new Betterment chief could usher in an IPO
Founder Jon Stein wasn’t able to achieve his ultimate goal of an initial public offering, but he transformed the little-known New York-based fintech into a digital behemoth
Are financial planning apps the next fintech target?
Advisers have the advantage when it comes to creating plans, but several digital apps launched by major financial institutions are thriving
Are free trades next for digital advice?
Prominent digital providers have added zero-commission brokerage features in recent months — and billions in new assets
Wells Fargo’s Envestnet data-sharing deal raises murky questions
The agreement opens up access to important tools for consumers, but the FTC is asking for more information about such practices
The digital shift is here — and it’s uncomfortable
Wholesale tech adoption comes with pitfalls
Advisers, please stop calling everything AI
The hype sometimes overshadows the actual returns on investment the technology is creating for financial advisers
Regulators should take a harder look at Robinhood
After the tragic death of a customer, the investment platform made significant changes. More may need to be done
The robo-adviser that shorted the market and won
Digital advice players have long heralded low-cost investing, but firms are offering differentiated strategies
The lockdown has been good for automated advice
Technology has played a vital role during the pandemic and will become instrumental for the advice industry moving forward
Will an uptick in tech adoption during COVID-19 mean a cutback in staff?
As advisory firms become more comfortable with using digital tools, new tech could make some jobs obsolete
Low rates topple cash yields for robo-advised clients
Digital wealth managers may be forced to reinvent themselves in light of the recent stock market downturn
How COVID-19 is challenging adviser technology
Even the rapidly moving tech world is having to slow down for the pandemic
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
T3 attendees at odds over actual adviser count at conference
Conference founder Joel Bruckenstein denied suggestions that attendance has decreased or competition has increased
Wells Fargo reassessing wealth technology
Firm reports new leaders resetting its technology direction to the tune of $166 million
Real AI at work for advisers
Three firms where artificial intelligence is helping with financial planning
