Wealthfront

After a number of websites and mobile apps were disrupted in Monday’s market plunge, executives call for an industrywide technology overhaul.

The website glitches show how relatively new digital platforms can get overwhelmed amid high trading volumes.

From emerging technologies to new regulatory scrutiny, Aite Group analysts expect to see many firms redefine their business models in 2018.

You were thinking about the wrong online retailer and the wrong rich tech entrepreneur crashing wealth management.

Industry critiques of Wealthfront reflect doubts about first-generation digital platforms.

The milestone cements the dominance achieved by large institutions in the online space.

The independent robo advisor has amassed just over $9 billion in assets under management since launching in late 2011.

The Silicon Valley-based digital advisor is taking pages from the playbook of traditional wealth management firms.

Apex Clearing’s new partner says it’s growing by $50 million to $100 million in assets each month.

Financial planners need to embrace robo advising technology to "live long and prosper."

The firm’s 20-basis-point take will drop, says CEO Walt Bettinger.

The industry is generally skeptical of automated advice platform growth projections, which PwC sets at $800 billion over the next five years.

The top independents all state going public is a goal, but there are doubts about broad market support.

Personal Advisor Services closes in on the $100 billion AUM mark.

Demand from millennials has helped the strategy become an $8 trillion category.

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

The manager allegedly led a $33 million funding round for Scalable alongside the startup’s two existing venture capital investors.

The new offering is intended to offer passive index and ETFs that track markets as well as active.

"This space is getting more diverse, and change is coming from all directions," says Alois Pirker, research director for Aite Group's Wealth Management practice.

Bill Harris, head of the hybrid advice platform since its launch, will remain chairman.