Venture funding

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

SmartAsset provides personal finance information and tools to over 45 million users per month, says the firm.

Industry critiques of Wealthfront reflect doubts about first-generation digital platforms.

The independent robo advisor has amassed just over $9 billion in assets under management since launching in late 2011.

Advisors worried about securing client data should learn how banks are developing a protected space for internet activity.

The top independents all state going public is a goal, but there are doubts about broad market support.

The leading independent robo adviser added another $70 million in funding.

The app allows users, many of them first-time investors, to get started for as little as $5.

Together, Advizr and Trizic raise nearly $10 million in funding.

Long Game uses behavioral economics and the mass popularity of lottery games to redirect lottery spending toward savings.