Suleman Din

United Capital plans for a white label version of its financial life management platform and the firm will be announcing an acquisition of a robo solution in the fourth quarter.

Chief Executive Bill Harris says data alone is not enough for financial advice.

Robo advisor seeks to add a piece of the $4.6 trillion market to its business.

Bennett and her firm claimed to be managing more than $2 billion in assets when the real number was no more than one-fifth of that amount, the SEC alleges.

Advisors will soon have clients with negative net worth and clients worth seven-figures, and they'll need to have a command of both data sets, says Quovo CEO Lowell Putnam.

The Board also sanctioned 19 other advisors, including one who allegedly lied about taking an exam on behalf of another advisor.

The glitch's impact is widespread. Prudential, for instance, says 40 of its more than 60 funds were affected.

Robo advisors say they managed the downturn with little pressure from clients. Some in the industry wonder if that was a good thing.

The three banking giants are reportedly planning to jointly build a data management company.

Following a surprising multimillion-dollar deal, the industry is regaining an appreciation for tapping all of a client's financial data, an ability long relegated to personal finance management software providers.