Displaying 123 results
The latest in financial #AdviserTech — February 2021
The big news, announcements and underlying trends emerging in the world of technology solutions for financial advisers!
Meet Goldman’s robo-adviser Marcus Invest — finally
Mainstream investors can now open an account with Goldman Sachs with $1,000 and a smartphone. After delaying the launch last year, Marcus Invest solidifies the bank’s goal to bring investing to a wider audience of consumers.
Betterment offers custom model portfolios for advisers
Advisers can build their own custom model portfolios of exchange-traded funds if they agree to move a minimum of $2.5 million in assets to Betterment.
Wealthfront claims M1 Finance spied on client research sessions
The robo-adviser claims that at least one M1 employee lied about employment in order to get information about Wealthfront products and listen in on direct feedback from clients.
Goldman Sachs primed to launch new robo-adviser Marcus Invest
The wealth manager will become one of the last major institutions to offer digital advice with the launch slated for Q1
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
Franklin Templeton partners to launch new robo-adviser Tango
The platform is designed to enable advisers to execute on two major trends this year: hyper personalization and goal-based wealth management
Betterment’s Jon Stein steps down as CEO
The company's founder will be replaced by Sarah Kirshbaum Levy, former Viacom Media Networks' chief operating officer
Why robo-advice benefits from free financial planning
By increasing access to financial plans, companies may be creating a natural avenue to digital advice
UBS slashes investment minimum for robo-advice
Giant firms are looking for an avenue to serve younger clients
‘Women are losing their jobs at a greater rate than men’: Sallie Krawcheck
The Ellevest CEO is using her tech to help women who have been disproportionately impacted by the pandemic
Are free trades next for digital advice?
Prominent digital providers have added zero-commission brokerage features in recent months — and billions in new assets
Betterment stacks impact investing as demand soars
The robo-adviser is just the latest money manager to address the accelerating investor appetite for a more sustainable approach to investing
Wealthsimple’s $87 million round makes it the latest tech unicorn
The Toronto-based robo-adviser manages approximately $6.4 billion in assets and has more than 1.5 million users
Robinhood internal probe finds hackers hit almost 2,000 accounts
Robinhood, with more than 13 million accounts, is considering whether to add a customer service phone number
Robo Wealthsimple negotiating fresh funding round
Investment led by TCV would value the Canadian online investment firm at more than $1 billion
New Islamic robo-adviser looks to attract US investors
Aghaz Investments aims to provide Shariah-compliant investing to millions of underserved Muslim investors
Move over AppleCare — Betterment now offers cellphone insurance
The move is indicative of the race to add features across platforms as fintech providers look to compete with traditional banks
Robos gain traction with affluent millennials: Study
Millennials are the demographic using robo-advisers the most, and 50% of those millennials have $500,000 or more in assets
Doubleheader: Nicole Casperson on free robo-platforms and Todd Rosenbluth on semitransparent ETFs
This week’s podcast includes a discussion of the proliferation of free robo-platforms at large financial institutions and a look at the odd evolution of semitransparent ETFs
