Tagged: wealth management

Digital Investment Platform Stackwell Finalizes $3.5M Round

Stackwell, the digital investment platform created to address the racial wealth gap, recently announced the closing of a $3.5 million seed funding round that will “accelerate the company’s launch plan, allowing it to rapidly reach key product development and go-to-market milestones, as well as support… Read More

Wealth Management Platform FNZ Acquires Swiss Banking Technology Firm New Access

FNZ, the global wealth management platform, has acquired New Access, a specialized private banking technology firm “primarily active in the markets of Switzerland, Liechtenstein and Luxembourg.” These markets are key to “serving and administering client wealth globally and will support FNZ in delivering on its… Read More

Philippines based ATRAM to Introduce Digital Wealth Management Services with additiv

ATRAM Trust Corporation, which claims to be the largest independent asset and wealth manager in the Philippines, recently announced that it has “signed a strategic partnership with additiv, a global Wealthtech platform provider.” The partnership will “enable ATRAM to modernize and digitize their wealth management… Read More

Lumio, a Fintech App for Growing Wealth on Autopilot, Secures £311,000 via Crowdccube

Lumio, which is focused on building a “hyper-personalized” finance app for people to grow their money on autopilot, has secured 155% (£311,594) of its £200,000 target via Crowdcube from 457 investors (at the time of writing) with 7 days left in the sale. Lumio reports… Read More

Digital Banking: WeLab Introduces Wealth Advisory Service

Hong Kong-based digital bank WeLab recently revealed that it has introduced its virtual wealth advisory service, GoWealth Digital Wealth Advisory. Clients may kick start their personalized investment plans from as low as HKD 100. In April 2022, WeLab had been granted Type 1 (dealing in… Read More

Fintech Platform iCapital Announces Investment from Bank of America

iCapital, the global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced that Bank of America (NYSE: BAC) has made a strategic investment in the company, “deepening a partnership that began in 2018.” iCapital will use the… Read More

iCapital to Acquire SIMON Markets, an Advisor Platform for Structured Investments, Annuities, Risk-Managed Solutions

iCapital, the Fintech platform driving access and efficiency in alternative investing for the asset and wealth management sectors, and SIMON Markets, the Fintech company offering a digital platform designed to help financial advisors understand and manage structured investments, annuities, and other risk-managed products, have announced… Read More

ADGM-based FinaMaze Partners with Ned Davis Research

Pursuing its “innovative” path in the UAE asset management sector, FinaMaze recently announced a partnership with investment research firm, Ned Davis Research (NDR). This partnership, the “first of its kind” in the GCC region, will see NDR providing research and high-level intelligence to the ADGM-regulated… Read More

CaixaBank Introduces OpenWealth, a Subsidiary for its UHNW Clients

CaixaBank has established OpenWealth, which is a new, “independent” and global advisory service for the bank’s UHNW clients. As a subsidiary fully-owned by the CaixaBank Group, Open Wealth will “provide this service to customers with assets amounting to over €50 million.” OpenWealth will “provide a… Read More

Wealth Analytics Firm Strabo Acquires £193,573 via Seedrs

Strabo, which aims to offer wealth analytics “at your fingertips,” has acquired 110% (£193,573) of its £175,003 target (at the time of writing) from 163 investors through its crowdfunding campaign via Seedrs (with 17 days left in the campaign). Located in London, Strabo operates in… Read More

Wells Fargo Wealth and Investment Management Relaunches Intuitive Investor

Wells Fargo Wealth & Investment Management (WIM) recently announced the relaunch of Intuitive Investor, its digitally automated investing platform. Investors can now “access the robo-advisory platform with only a minimum $500 investment.” Michelle Moore, head of Digital for Consumer and WIM at Wells Fargo, said:… Read More

Swiss Private Bank Chooses Temenos to Digitally Transform Wealth Management Services

Temenos (SIX: TEMN), the Cloud banking platform, recently announced that Mirabaud, the Swiss private bank, has selected Temenos “to move from a traditional on-premise system to a digital end-to-end wealth management platform on Temenos Banking Cloud.” With the generational transfer of wealth, new regulations and… Read More

inbestMe, a Digital Investment Platform, Acquires €2.1M+ from 160 Investors via Crowdcube

inbestMe, a “smart” digital investment platform, “simple to use” and customized to deliver “better returns with lower costs,” has acquired 140% (€2,113,386) of its €1,500,000 target via Crowdcube from 171 investors (at the time of writing). After launching in Spain back in 2017, inbestMe claims… Read More

HCL Technologies to Acquire Virtual Banking, Wealth Management Specialist Confinale

HCL Technologies UK Limited, a wholly owned subsidiary of HCL Technologies, an international tech firm, has entered an agreement for the acquisition of Confinale AG, a Switzerland-headquartered virtual banking and wealth management consulting specialist and Avaloq Premium Implementation Partner. Via this key acquisition, HCL will… Read More

Virtual Banking: Hong Kong’s WeLab Bank to Offer Digital Wealth Advisory Solutions

WeLab Bank, the virtual bank dedicated to “curating intelligent banking experience,” has reportedly become the “first” digital bank in Hong Kong licensed “to offer digital wealth advisory services.” Having obtained the Type 1 (Dealing in securities) and Type 4 (Advising on securities) licenses from the… Read More

Wealth Managers Risk Failing Investors on ESG Suitability Technology: Report

Technology is too often a “blindfold” when it should be a “microscope,” Oxford Risk has warned. Wealth managers or advisers risk failing investors on suitability “by not using technology appropriately to measure ESG preferences and being caught up in the ‘green rush’,” according to behavioral… Read More

Southeast Asia’s Digital Wealth Manager StashAway Appoints John Tsang Chun-wah to Advisory Committee

Southeast Asia’s digital wealth management platform StashAway recently revealed that John Tsang Chun-wah, Hong Kong’s former Financial Secretary, has officially joined StashAway’s advisory committee. Tsang was reportedly the longest-serving Financial Secretary as he had occupied the position from 2007 until 2017. As mentioned in the… Read More

Digital Securities: ADDX Introduces Private Market Services for Wealth Managers

Wealth managers may now introduce more of their end-investors to the world of private investments via a newly-launched institutional service on digital securities exchange ADDX. Corporate treasuries and family offices may also “take part in the space via a corporate service to diversify their portfolios… Read More

RBC Wealth Management-U.S. and Addepar Offer Advanced Data Capabilities for Financial Advisors

RBC Wealth Management-U.S. has a network of over 2,100 financial advisors in 180+ offices “managing $542 billion in client assets.” Their vision is “to provide best-in-class technology experiences for financial advisors through integration with Addepar’s platform.” Addepar provides RBC Wealth Management advisors “with robust data… Read More

Oppenheimer Introduces Investor Gateway, a Wealth Management Tech Platform

Oppenheimer & Co. Inc., an investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – has announced the launch of the Investor Gateway, an interconnected and “intuitive” wealth management tech platform. As mentioned in the update, Oppenheimer completed the buildout of the… Read More

Send this to a friend