The platform allows advisors to tailor portfolios that have characteristics including state-specific credits, ESG considerations, duration targets and other criteria.

The hits came from all directions: net loss was steeper than anticipated, monthly active users dropped and average revenue per user tanked

The firm “has barely scratched the surface” of selling its technology to independent financial advisors and brokers.

CEO David Fortunato may say that the robo’s “philosophy and principles remain the same,” but the sale to a big bank is a huge change.

The bank plans to make the robo-advisor the foundation of a new digital offering that will include access to human advisors.

Saifr’s technology flags risks and compliance issues in documents, social media posts and videos before they are sent for review.

Venture capitalists agree in spirit with an idea floated by the Securities and Exchange Commission that large private companies should divulge more about their finances. But they warn financial services innovation could be stifled if the requirements are too stringent.

As boomer advisors retire, look for younger advisors to push the way firms serve clients beyond the limits of what we have yet invented or even imagined.

Regulators haven’t reached out after hack, according to CEO Kris Marszalek

In an exclusive Q&A, Financial Planning asks about the new role and how her experience with financial planning software will inform future decisions.