Data governance

Noncompliance with a thicket of U.S. and E.U. rules risks regulatory scrutiny and, in some cases, steep fines.

The settlement follows at least three other cases involving the bank-based brokerage’s supervision this year.

About 82% of financial advisors are already using financial planning software.

The independent broker-dealer accidentally published a list of credits of its most lucrative advisors.

As wealth managers collect more client information, it is up to advisors to understand the value of data to the business and how it needs to be handled.

To protect their practice, advisors should know the answers to several critical questions about how vendors use and safeguard their data.

The ultra-wealthy portfolio has a large percentage of illiquid assets and advisors without tools to manage that aspect will lose that client, says one provider.

Why advisers need to pay close attention to technology vendor contracts.

New regulatory demands force platform providers to either build additional capabilities or acquire successful companies, analysts say.

Kavout and qplum claim their technology and founding teams set them apart from competition in the space.