Financial services firms are hanging out their shingles in the burgeoning world of virtual societies, hoping to attract a new breed of digitally native customers.
In the short space of four months, remote work seems to have become an even more permanent part of our everyday lives.
This month’s #AdviserTech roundup looks at Wealthbox's funding round and the transition in advisory firms' use of CRM systems, Summit Wealth Systems' attempt to build the next generation of performance reporting, and Advyzon's new TAMP.
Carlos Muñoz, who leads the Morgan Stanley team that manages relationships with asset management firms, also heads the Equity Collective, an initiative at the firm that aims to develop the next generation of diverse leaders.
Building a more diverse workforce solves multiple challenges currently facing the wealth management industry.
Annualized revenue per adviser, a key industry metric, was $1.22 million at the end of March, up 4.3% from the end of last year.
The firm announced a $210 million effort to help minority families refinance mortgages.
Automated Document Bundling detects, enriches and batches new-account documents.
The bank's wealth management group, a destination for wirehouse brokers for the past decade, has recruited three teams so far in 2022.
Keystone's team-based approach is described as having sealed the deal; the firm's 29 employees include advisers, attorneys and CPAs.
The 23-year-old management software company is moving its headquarters to Berwyn, Pennsylvania, while offering employees 'maximum flexibility.'
Investment Adviser Association, American Securities Association say advisers need more than 48 hours to report breaches to SEC.
The bank approved Black homeowners seeking to refinance mortgages in the pandemic at a far lower rate than white ones.
Here are 5 steps that need to be considered when making potential clients an offer they can't refuse.
Women's emotional and social competencies are essential for financial advisers, who often have to have tough conversations with clients and handle delicate situations.
The agency said Boca Raton, Florida-based National Securities deceived investors in December 2017 and January 2018 about the price of shares in the private placement offering.
Digital tokens like Bitcoin and Ethereum are classified as property by the Internal Revenue Service and taxed like stocks and bonds.
The new team will offer investments that focus on promoting equality, expanding opportunities and improving outcomes for underrepresented or marginalized groups.
The company says it is taking 'a further step forward in sustainability leadership.'
The company will use the capital to deepen its offerings and product solutions, and help women reach their money goals.
