The latest cash influx values the fee-free trading app at $8.6 billion.

Advisors who missed the “first-mover advantage” a decade ago could be in the catbird seat as all the rules change.

A class action asserts that the data aggregator accesses more of consumers' bank account information than it needs and ultimately aims to sell the data to others. Plaid, which has agreed to be sold to Visa, denies the allegations.

U.S. officials have raised questions about the security of TikTok, which is owned by Chinese company ByteDance.

The funds helped the firms offset diminished revenue and preserve jobs, executives say.

Jane Gladstone, new president of Promontory Interfinancial Network, says the recession will accelerate the shakeout among the nonbank disruptors and that small banks have an opportunity to forge new bonds with the survivors.

Instead of a sale, Orion’s private equity backers are reinvesting to help grow the company’s presence in the TAMP marketplace.

The deal would pair plan sponsors on Empower’s platform with the hybrid robo advisor’s technology and advice capabilities.

The company’s new suite of APIs is designed to help firms develop technology with its data, but they aren’t the only player using data to conquer advisor fintech.

Instead of “disrupting” finance, Cerulli research suggests all-in-one financial hubs may be the way forward.