Investment strategies

The bank is taking a cue from FANGs and using data to personalize clients’ experience.

The fintech raised $323 million and is expanding trading of cryptocurrency.

After almost a decade of competing for digital advice assets, new banking offers have the firms going toe-to-toe again.

Several wealth management firms, including Marcus by Goldman Sachs and Wealthfront, have launched banking products to complement their investment services.

Lenders have learned that automated wealth management tools enhance interactions with clients — and bring in more business.

Advisors say they’re allocating assets based on client objectives, but they likely are not, according to SEI’s survey.

A search for returns in less liquid assets may blur the transparency of real portfolio value.

More than one-third of the $1 billion new assets on the digital advice platform are from new clients.

The advice industry’s current structure is “dumb” and in need of fixing, according to Betterment CEO Jon Stein.

Since introducing an ongoing fee model, the platform has seen a 25% rise in account openings, according to the firm.