The partners opened their RIA under consultation with a firm founded by former HighTower executives last year.

Just over half of all asset managers either have or are planning a “limited” number of machine learning initiatives.

Digital tools that help wealth management clients manage their emotions, he says, will have a big impact on the planning industry.

The twin brothers launched Platinum Advisor Strategies well before many IBDs started rolling out promotional and coaching services for advisors.

As robo advice expands into other services, such as debt management, the stakes rise to become a hub for a client's entire paycheck and financial life.

The firm is trying a new approach 10 months after quitting the Broker Protocol.

Customers are switching to mobile for financial services — and firms committed to creating their own platforms are setting the pace.

Feeding a constant flow of launches are predictions that digital-first advice firms will manage over $4 trillion in the next two years.

Blucora CEO John Clendening says the cuts to head count should taper off by next year, when the firm will have dropped as many as 1,000 reps in 16 months.

The firm remains in transformational flux, but the results of its "Project E" evolution are beginning to show.

The No. 1 IBD adapted Riskalyze to its still-evolving ClientWorks portal and added Black Diamond to its discounted vendor program.

The forthcoming changes will build on digital investments the firm has made recently, according to an executive.

Dan Arnold says the firm remains interested if deals are a match for the No. 1 IBD.

The firm will move over to Salesforce’s CRM tool starting next year as part of an effort to boost efficiency with new technology.

Advisors should be scrutinizing vendors to find partners who share similar organizational values.

Rising stock markets have encouraged individual investors to add to their holdings.

Acorns co-founder Jeffrey Cruttenden says clients would vote, if they realized they had the rights.

"Tools like Slack are great, but they cannot communicate your culture," said Patrick Tucker, founder of True Measure Advisors.

To convince advisors to try its platform, Capitect took a number of steps, including partnering with XY Planning Network to provide its tools to members without cost.

The new competition asks innovators to take client experience to the next level.