Tagged: wealth management

Wealth Management/Financial Wellness Provider Envestnet Announces Acquisition of Harvest Savings & Wealth Technologies

Envestnet, Inc. (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, announced on Thursday it has acquired Harvest Savings & Wealth Technologies. According to Envestnet, Harvest Savings & Wealth Technologies provides automated goals-based saving tools and wealth solutions to banks, credit… Read More

Milestone: Addepar Exceeds $2.5 Trillion in Assets Through Wealth Management Platform

    Addepar, a U.S.-based wealth management platform, announced on Thursday the assets on its platform have increased to more than $2.5 trillion, adding more than $15 billion in assets a week on average since mid-last year. The company further revealed that it had its strongest… Read More

Rashelle Salimi from Wealth Management Tech Platform Addepar Discusses Key Industry Trends with Women Fintech Execs

Wealth management tech platform Addepar published a blog post on March 31, 2021, noting that it was Women’s History Month, when they look forward to celebrating the impressive accomplishments of women in “every avenue of business, government and our communities.” At Addepar, they feel privileged… Read More

Wealth Management & Financial Wellness Provider Envestnet Announces Expansion of Annuity Program on Insurance Exchange

Envestnet, Inc. (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, announced on Wednesday it has expanded its Variable Annuity Program to become the Envestnet Insurance Exchange, powered by Fiduciary Exchange, LLC (FIDx).  According to Envestnet, the Envestnet Insurance Exchange provides… Read More

Asian Fintech WeLab Finalizes $75M Series C-1 Funding Round led by Allianz X

WeLab, an established Asian Fintech firm, has finalized its Series C-1 $75 million funding round, which was led by Allianz X. Allianz X is the digital investment division of Germany’s Allianz Group, one of the world’s largest insurance service providers and fund managers. Since launching… Read More

Tim Frost: CEO at YIELD App Reveals how Algorithmic Stablecoins Provide Censorship-Resistant Financial Services, Comments on other Fintech Developments

Tim Frost, CEO at YIELD App, which is a comprehensive Fintech app offering a wide range of DeFi services and new investment strategies, has shared his views and insights regarding the recent trading frenzy that was initiated by a group of armchair investors via Reddit… Read More

California based Fintech Firm Wealthfront Announces that Cash Account Investments May be Invested in Market within Minutes

California-based Fintech firm Wealthfront has announced that clients who use their Cash Account to invest in a Wealthfront Investment Account may have their funds invested in the market “within minutes.” Wealthfront customers who choose to direct deposit their paycheck into the Wealthfront Cash Account may… Read More

Fintech Professionals Share Coping Strategies for Financial Stress and Anxiety in Post COVID World, Reveal Serious Mental Health Issues

The team at UK challenger bank Starling notes that it may be argued that “financial anxiety” is a by-product of the way that we respond to a particular situation, and not necessarily a result of the actual situation. Starling says that focusing more on what… Read More

California based Fintech Wealthfront Adds Additional Automation to “Make Money Movement Effortless”

California-based Fintech firm Wealthfront revealed on February 4, 2021 that its customers will now be able to use their service to monitor for and automatically transfer excess funds to a Wealthfront Roth IRA, Traditional IRA or a 529 College Savings Account. As noted in a… Read More

Switzerland based Wealth Management Fintech WealthArc Acquires $4M in Capital to Expand Overseas Operations

Switzerland-based wealth management Fintech WealthArc is reportedly planning to strengthen and expand its overseas business after acquiring over $4 million in capital. WealthArc’s Cloud-enabled platform is being used by wealth management services to access investment data that is automatically gathered and curated by AI algorithms…. Read More

Los Angeles based Fintech InvestCloud Completes Recapitalization, Wealth Platform Now Valued at $1B

California-headquartered Fintech firm InvestCloud has reportedly completed a recapitalization that now values the platform at around $1 billion. According to a release, new financial investors are led by Motive Partners with Clearlake Capital Group, L.P. and also includes other InvestCloud client shareholders. Under the terms… Read More

Wealth Management and Fintech Veteran Bob Miller from PCR Says Digitalization Is “A Real Thing” Driving the Industry Forward

Robin Melnick, Director, Alliances & Partnerships at Addepar, a leading provider of technology for the wealth management industry, recently connected with Bob Miller, CEO of PCR, a private client wealth aggregator assisting wealthy families, their advisors, and wealth tech companies develop “winning” digital transformation strategies…. Read More

Schroders Wealth Management to Use Banking Software from Temenos to Enhance its Financial Advisory Business

Temenos (SIX: TEMN), a banking software company, has revealed that Schroders Wealth Management in Switzerland has decided to use its solution in order to automate and improve its financial advisory business. Schroders Wealth Management will reportedly launch the Temenos Wealth Front Office which is described… Read More

BNP Paribas to Offer its Visa Premier Cardholders the Chance to Upgrade to Contactless Fingerprint Option for an Extra €24 Per Yr

BNP Paribas (EPA: BNP), a French international banking group that’s ranked as the 8th largest bank in the world in terms of total assets (appr. €2 trillion), will be providing its Visa Premier cardholders the opportunity to update to a contactless fingerprint option for a… Read More

Southeast Asia based StashAway, a Digital Wealth Manager for Accredited Investors and Retail, Is Now Managing $1B in Client Assets

Southeast Asia based StashAway, a digital wealth management firm focused on retail and accredited investors, recently revealed that it’s now managing over $1 billion in assets since launching operations back in 2017. StashAway’s management confirmed that they were able to generate these solid returns even… Read More

Berlin’s Elinvar, a Fintech that Assists Wealth Managers with Digitizing their Business, Secures €25 Million in Capital

Berlin-headquartered Elinvar, a Fintech firm that aims to assist wealth managers and private banks with digitizing their business processes, has secured €25 million in capital. Elinvar’s platform outsources key processes such as client relationship management, digital onboarding, onsite advisory services, investment management, reporting, invoicing, online… Read More

German Wealth Management platform Wealthpilot Secures €8 Million Through latest Investment round

  Wealthpilot, a Germany-based wealth management platform, announced on Wednesday it secured €8 million through its latest investment round. According to Wealthpilot, the total amount includes a contribution of €3.4 million from investor Seventure, with the remainder coming from previous investors Bayern Kapital, MIG Fonds,… Read More

Wealthtech Trends to Watch in 2021 include Sustainable Investment Strategies, Ecosystem Development, Hyper-Personalization: Report

Ecosystem development, sustainable investment strategies, and hyper-personalization were identified as some of the major wealth management trends that will be prioritized by Wealthtech companies this year. This, according to a report from Capgemini, a French consulting firm. In a research report, titled Top Trends in… Read More

Wealth Management Tech Plaform Addepar Acquires RCI to Assist Clients with Making More Informed Investment Choices

US-based wealth management tech platform Addepar notes that for many years, wealth managers have had important questions that have been “surprisingly difficult to answer.” For instance, they want to know what exactly they own in their portfolios and where they own these assets. Wealth managers… Read More

Singapore’s Digital Wealth Management Firm, Syfe, Introduces Cash Management Solution, Syfe Cash+

Syfe, a digital wealth management firm that’s licensed by the Monetary Authority of Singapore (MAS), has introduced the Syfe Cash+ portfolio which is the company’s cash management product. Syfe Cash+ aims to help all Singapore based consumers with growing their savings while being able to… Read More

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