Betterment

After almost a decade of competing for digital advice assets, new banking offers have the firms going toe-to-toe again.

Several wealth management firms, including Marcus by Goldman Sachs and Wealthfront, have launched banking products to complement their investment services.

The advice industry’s current structure is “dumb” and in need of fixing, according to Betterment CEO Jon Stein.

Just like in the early robo days, sustainability is a real concern for digital platforms.

Among other changes, the bank lowered its minimum investment.

The company is “in the beginning stages of building out those capabilities,” according to a spokesman.

The Betterment chief dishes on why flat fees may just be a “thing of the moment.”

More than 100 equity and fixed-income funds will be integrated directly into the firm’s advisor platform.

FINRA, Morningstar and Nasdaq have already migrated to the cloud. Should RIAs follow?

By scrapping the $100,000 requirement, the asset allocation tool becomes accessible to all of the firm's clients.

The robo advisor scouted several cities for a second location apart from its New York City headquarters.

The leading independent robos are offering new investment options to attract new assets.

The leading independent robo wants to maximize excess assets left in checking accounts.

Digital firms are boosting features to stay competitive in a crowded advisor-tech marketplace.

Startups are applying AI and big data to determine how advisory clients make investment decisions in real time.

To keep pace with its peers, Morgan Stanley is ramping up its online offerings in banking and wealth management.

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

Employees from the independent robo — from marketers to engineers — are being paired up with customers to have informal chats, ranging from improving the user experience to suggesting new financial offerings in the platform.

The independent robo is now offering advisors paperless account rollovers for clients that can be completed in a minute.

A new entrant from Singapore vies for attention in a market that already includes offerings from robo advisors and custodians.