The move can help firms reach smaller investors and offer greater portfolio customization, the custodian says, joining peers in offering the share slices.

Purpose-built software promises flexibility and independence but can come with hidden issues and costs, Jed Maczuba argues.

Technology that provides more transparency, customization might lead to more widespread adoption.

The company's new app bundles banking services such as payments, buy now/pay later and direct deposit. But the company plans to add features that could include stock trading, a popular offering from tech startups.

The deal is part of CEO Jamie Dimon’s pledge to “get faster and be more creative.”

It's the latest rollout of services to U.S. customers by the London-based company.

The alternative investments company hopes to offer increased education and access to the sometimes controversial products.

Plan participants gave firms low marks in fundamental areas, though some performed better than others.

Plaintiffs claim the firm’s high cash allocations juiced revenue for Schwab at the expense of client performance.

The brokerage will allow customers to buy and sell Bitcoin, Ethereum, Litecoin and Bitcoin Cash.