Automated investing

Chief executive Jay Shah says a public offering will happen, "when the time is right."

Jay Shah says digital platforms will be judged on the quality of advisors they keep.

There is an uphill slog for independents as the largest firms gear up for a price war on three fronts: financial advice, online trading and ETFs.

Advisors are offered new automated tools to help clients manage a life after work.

The $195 million cash purchase is Envestnet’s sixth largest deal since 2010.

Millennials want mobile-first digital advice, and will invest millions on such platforms.

Figuring out how to make automated platforms appeal to planners has been a learning process, says the custodian’s technology executives.

Clients will flock to digital advice, but conditions favor incumbent firms, a study found.

When measured against a standard of care for best interest advice, digital wealth managers fall short, attorney Melanie Fein argues.

Executives say wealth management’s evolution means automation, lower salary expectations and niche practices.