Firms had problems related to equities, options and cryptocurrency trading as well as slow websites and mobile apps.

“The strategy was really tied to choosing the right partners who we knew had a greater likelihood of integrating well together,” says Amit Sahasrabudhe, COO of the firm’s U.S. wealth management business.

The passively managed fund will be made available to qualified purchasers through family offices, RIAs and other institutions, a person familiar with the matter says.

Unnerving as this COVID-19 year has been, the massive shift to virtual business has propelled planners to work even more efficiently with clients.

New digital integrations with CAIS and iCapital make it easier for independent advisors to access private equity and hedge funds.

The company’s new self-guided tool will generate a plan for clients in as little as 15 minutes.

Seventy-seven percent of advisors report they have lost business as a result of not having the appropriate digital tools to interact with clients, according to a new report.

The robo advisor hopes transparency on employee demographics will encourage change.

While some planners are excited for the opportunity, others don't trust turning workplace retirement over to a robo.

Of the 330,000 new accounts opened this year, about a third were for clients 35 or younger.

With employees working remotely, firms may need to adapt their procedures to deal with heightened fraud risks outside of company systems.

As consolidation reshapes the market, the custodian sees an opportunity to attract tech-forward and multi-custodial firms.

Do RIAs still have a clear advantage when it comes to modern planning software?

Daily average trades on the app in June were four times higher than on E-Trade.

Envestnet’s new Insights Solution provides a look into client spending to surface new planning opportunities.

The fintech’s new executive says cryptocurrency will help communities that the financial services industry isn’t serving.

The firm is still determining which other pieces of technology it will retain after acquiring its rival.

The pandemic and work-from-home arrangements are probably spurring larger budgets.