If a farm machine run by one person replaced nine laborers, why wouldn’t that analogy apply to the business of investment advice and asset gathering?

The app allows users, many of them first-time investors, to get started for as little as $5.

Amazon's Jeff Bezos has the distribution to potentially disrupt financial services, says Riskalyze CEO Aaron Klein.

The new job will focus on middle-office services like hedge funds, software solutions and the firm’s message and connectivity engine.

In the latest deal, financial planning software developer RightCapital secured $1.6 million in seed funding.

Together, Advizr and Trizic raise nearly $10 million in funding.

Fintech startup GoldBean tapped by banking software firm to pair planning with financial literacy tools.

Private equity investors are "salivating" as they see inefficiencies to exploit in the financial advice industry.

Vault and Retiremap are launching products this week that are designed to help people stash cash where they can.

KeyCorp acquired the personal financial management tool for an undisclosed sum.

Disruption of financial services is not a one-time event. Innovation is shaping everything from consumer behavior and advisers' needs to regulatory requirements.

Bank of America's soon-to-be-released virtual assistant, erica, is being trained to provide personal finance advice.

The launch comes as banks and other players in the advisory industry vie for the $30 trillion in wealth that is expected to change hands in next several decades.

Self Lender and Wela, two fintech startups, are making their marks on the PFM space by providing incentives to users to manage their money wisely.

The impact of digital companies may be felt later than sooner; but millennial clients and health data seen as catalysts, experts say.

Digit's decision to charge a monthly fee speaks to the challenge of making fintech profitable.

Wealthfront is the first of the tech-powered financial advisers to offer securities-based lending. It will compete with the likes of Wells Fargo and Morgan Stanley.

Even though the rule has been delayed, the issues raised by it still need to be addressed by advisers, according to industry insiders.

Bots and machine learning are becoming increasingly common in financial services. But that is not the purist’s view of what AI represents.

Google Play and CFSI aim to improve use of financial health apps through a storefront organized by consumers' needs and by publishing a guide for app developers.