Zoe Financial wants to create an elite network that brings together high-net-worth clients and thoroughly vetted RIAs, says CEO Andres Garcia-Amaya.

Most apps and automated investing from firms should be understood as sales efforts; private equity is backing tech to replace advisors.

Charles Schwab's new chief of advisor technology says custodians are overlooking these basics. Also, what's needed to make big data work.

Fintech accelerator Scratchworks kicked off its second competition, having already funded two winning startups from its inaugural contest.

Applications that tackle the industry's compliance issues, automate back-office processes and streamline clearing and settlements are drawing interest from venture capital firms.

New features include health care planning tools and cash reserve buckets.

The tax-focused IBD is betting on a switch to Fidelity and Envestnet while undergoing a cultural shift.

Regulators including FINRA are looking at ways to help spur innovation.

Wealth management will soon have to measure up to the needs of its customers, rather than requiring customers to suit the needs of the industry.

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

Worried about rapid transformation in the industry? It may be easier to evolve than you think.

Facet Wealth acquires small clients from advisory firms, with the promise that it will operate as a partner rather than as a competitor.

A quarter of asset management executives pin the blame on organizational culture, according to FIS research.

With the increased popularity of open architecture systems, fewer RIAs are operating their practices solely based on proprietary tech from a custodian.

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

Planners ranging from sole practitioners to the largest OSJ enterprises welcomed the CEO’s comment that the firm's culture was not aligned with its strategy.

The partners opened their RIA under consultation with a firm founded by former HighTower executives last year.

Just over half of all asset managers either have or are planning a “limited” number of machine learning initiatives.

Digital tools that help wealth management clients manage their emotions, he says, will have a big impact on the planning industry.