Hardware and software

Can smart speakers meet the level of sophistication and security needed for wealth management?

Despite the IBD converting much of its technology, HD Vest's COO says the process has been less painful because its planners are supportive of the changes.

“This is a chance to redesign core systems, some of which go back to PaineWebber,” says Tom Naratil, president of UBS Wealth Management Americas.

About 1.2 million square feet of office space will be overhauled in the next 15 months to put technology experts closer to brokers, traders and bankers.

Computer algorithms could increase portfolio returns by whole percentage points.

While the industry scores relatively low in its digital capabilities, firms that invest in technology are growing nearly twice as fast as their peers.

The service gives clients 100 free trades in the first year, free equity research and the ability to earn unlimited free trading.

The firm is trying a new approach 10 months after quitting the Broker Protocol.

Wealthfront factors in linked investment and retirement accounts for those who want to take a lengthy sabbatical.