Refinitv’s Workspace will power the wirehouse’s investment research and risk assessment capabilities.

"We’re not just software,” CEO Ed O’Brien says. “We’re here to help advisors be better planners.”

New ownership of the popular platform could open the door for new tech leadership, but don’t count Schwab out yet.

The fintech plans to build out cash, checking, insurance and mortgage products.

Estimates for the deal between the analytics platform and private equity firm LLR Partners go as high as $270 million.

“If insurance and annuities had always been commission free, RIAs would be power users,” says David Lau, CEO of DPL Financial which is partnering with SS&C Advent.

The regulator found that the financial services company failed to take precautions in disposing of hardware that contained sensitive customer information.

Like other firms, the bank's asset management unit has turned to an outside partner, 55ip, to give RIAs a tax-smart way to transfer assets into model portfolios.

The decade’s top-performers have produced returns of more than four-times their industry peers this year.