In a new twist on an old scam, cybercriminals have tried to get thousands of people to surrender their Wells bank account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's name.

Mobile banking use has swelled since the pandemic hit, and law enforcement officials expect hackers to target the credentials of digital novices. The FBI stressed the importance of two-factor authentication and ensuring consumers know how to spot fake apps that carry malware.

“The world has become more digital, less global and more local,” says Amy Lo, co-head of the firm’s Asia Pacific wealth division.

The digital advice firm is hoping its 500,000 customers will want to consolidate more of their finances under one roof.

For planners who embrace the potential to provide these services, it can be a natural next-generation service offering.

Many wealth management trends never caught on. This one is no passing fad, however.

Phone apps are being embraced by wealth managers as one of the quickest ways to communicate with end clients, leading to recent upgrades in look, feel and capability.

The investment bank is well behind most of its competitors and is priced well above the most attractive price points.

Wealth management is playing an ever bigger role at the firm, which aims to add a million new clients in the coming years.

Lack of oversight and potentially risky procedures are — or should be — in the fine print of these wildly popular tools.

It looks bright, says the CMO of Carson Group — but only if advisors face up to the problem and actively convert it into an opportunity.

Banking and robo advice will be part of the new digital offering, United Capital's CEO says at MarketCounsel.

The robo advisor is also pursuing more banking business.

Just over one in 10 advisors uses a digital investment tool. This, and other findings of Financial Planning’s 2019 Tech Survey.

Advisors say they have concerns about an upcoming recession, according to a new survey.

Advisors will be able to offer “different types of lending,” CEO Walt Bettinger tells planners at the company’s Impact conference.

Independent investment platforms are projected to lose market share to larger entrants, according to industry data.

An online war is underway for deposits, as a wide range of players — traditional wealth managers, big banks, digital-only platforms and fintechs — offer high-interest savings and checking through apps and websites.

With 20- and 30-somethings just beginning to build financial wealth, banks must orient their business to meet the needs of these consumers.

To attract clients, digital-first advice firms are borrowing tactics from incumbents and putting a spin on traditional industry offerings.