Tagged: wealth management

October 13, 2020 @ 8:11 pm By Omar Faridi  |  

SIMON has expanded its digital wealth management platform to include exchange-traded funds (ETFs). The company has also launched a new marketplace with Innovator’s Capital Management’s Defined Outcome ETFs – which includes their Buffer ETFs. These products are currently available on SIMON’s centralized platform for “risk-managed… Read More

October 9, 2020 @ 10:49 am By Samantha Hurst  |  

  Morgan Stanley (NYSE: MS) announced on Thursday it is set to acquire Eaton Vance, an advanced investment strategies and wealth management solutions provider with more than $500 billion in assets under management (AUM), for an equity value of approximately $7 billion. Morgan Stanley reported… Read More

October 1, 2020 @ 8:00 am By Omar Faridi  |  

Rosecut, a wealth management service provider, has introduced free tools that were previously available only to high-net-worth-individuals (HNWIs). The Fintech company’s wealth management software suite has been designed to help clients with planning how to achieve their financial goals or objectives. The Wealthtech suite allows… Read More

September 23, 2020 @ 7:37 am By Omar Faridi  |  

Thomas Gottstein, CEO at Credit Suisse Group AG, a global wealth manager, says that he expects business activity in the wealth management sector to slow down during the third quarter of this year. However, he believes that overall revenue and trading will continue at the… Read More

September 16, 2020 @ 2:04 pm By Samantha Hurst  |  

Investment bank, wealth manager, and Oppenheimer Holdings subsidiary, Oppenheimer & Co, Inc. announced on Wednesday it has formed a strategic alliance with global fintech firm, InvestCloud. Oppenheimer reported that the partnership will accelerate the buildout of its digital experience platform for the firm’s financial advisors… Read More

September 14, 2020 @ 9:11 pm By Omar Faridi  |  

Razer Fintech has teamed up with Franklin Templeton in order to develop various digital wealth technology or Wealthtech tools for younger consumers. Franklin Templeton’s Singapore based subsidiary, Templeton Asset Management, and Razer Fintech, the financial division of Razer Inc, have committed to a Memorandum of… Read More

September 13, 2020 @ 6:37 pm By Omar Faridi  |  

Credit Suisse Plans New “CSX” Digital Banking Offering Switzerland’s Credit Suisse, a global wealth manager, has revealed that it will be introducing an app-only banking service, in order to compete with challenger banks. At the end of October 2020, Credit Suisse will launch “CSX” and… Read More

September 4, 2020 @ 9:07 am By Omar Faridi  |  

California-based Fintech firm Wealthfront, a Robo-Advisor that had been focused on becoming a digital bank, has revealed that it has introduced what it calls, the “first Self-Driving Money” service. As mentioned in an update shared with Crowdfund Insider, Wealthfront’s new, free-to-use service, Autopilot, will automate… Read More

August 23, 2020 @ 10:28 pm By Samantha Hurst  |  

Envestnet, Inc. (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, recently announced the closing of its offering of $517.5 million aggregate principal amount of 0.75% convertible notes due 2025. According to Envestnet, the Notes were sold in a private offering to qualified… Read More

August 17, 2020 @ 9:29 am By Samantha Hurst  |  

Envestnet, Inc. (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, announced on Monday it proposes to offer $450 million aggregate principal amount of convertible notes due 2025 in a private offering to qualified institutional buyers pursuant to Rule 144A under… Read More

August 14, 2020 @ 5:56 pm By Omar Faridi  |  

Guided by the government’s Fintech focused development plan and innovation strategy, China is reportedly leading the charge when it comes to establishing financial technology businesses in the country. A recent survey of business Fintech usage, performed by CPA Australia, an established accounting firm, reveals that… Read More

July 30, 2020 @ 9:48 pm By Omar Faridi  |  

Agora Dealer Services, a digital technology-focused Carrying Dealer that specializes in supporting mutual fund dealers and independent financial advisors, and Pascal Financial, a Canadian Fintech firm with an integrated, AI-enhanced wealth management platform with active behavioral finance, announced on July 29, 2020 that they’re developing… Read More

July 29, 2020 @ 12:45 pm By Samantha Hurst  |  

Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, announced on Wednesday it has acquired strategic assets from wealth management cloud platforms provider Advisor Software Inc. (ASI). Refinitiv reported that the acquisition adds key… Read More

July 26, 2020 @ 9:28 am By Omar Faridi  |  

  Financial pressure or stress has become a part of the daily lives of many consumers, and now the COVID-19 outbreak has introduced even more financial pressure points or exacerbated pre-existing ones for individuals and families across the globe. John Smallwood, president at Smallwood Wealth… Read More

July 23, 2020 @ 7:51 am By Omar Faridi  |  

Munich-based Scalable Capital, a company that has developed a platform to monitor and manage investment portfolios, has secured €50 million in capital through a Series D investment round led by Barclays Bank. Scalable Capital, which offers a digital wealth management platform, also received investments from… Read More

July 14, 2020 @ 3:19 pm By Samantha Hurst  |  

Independent digital wealth management platform Marstone announced on Tuesday it has teamed up with custody and learning engine Apex Clearing to launch a fully integrated digital wealth solution. According to the duo, this new partnership will benefit investment management firms, insurance companies, and organizations with… Read More

June 18, 2020 @ 10:45 pm By Omar Faridi  |  

  Wealth Dynamix, a digital Client Lifecycle Management (CLM) solution that aims to address the requirements of client acquisition and engagement, digital onboarding, regulatory compliance, and relationship management for wealth managers, has published a new report. The report highlights the opportunities and challenges that relationship… Read More

June 9, 2020 @ 7:14 am By Omar Faridi  |  

Republic Capital Group, a company focused on offering investment banking services to the registered investment advisors (RIAs), asset and wealth management communities, will reportedly make a strategic investment in Creativemass, a US and Australia based financial services software firm. Creativemass provides wealth management solutions via… Read More

June 5, 2020 @ 12:52 am By Omar Faridi  |  

California-based Fintech Wealthfront, a Robo-Advisor that had been focused on becoming a digital bank, has revealed that its checking account features are now live for the Wealthfront Cash Account. In statements shared with Crowdfund Insider, Wealthfront’s management noted that they’re on track to deliver what… Read More

June 1, 2020 @ 7:33 am By Omar Faridi  |  

Martin Stadler, CEO at Altoo, the developer of a wealth platform which focuses on connecting people, wealth, and related processes by leveraging the latest technology, says that his company has onboarded significantly more clients recently because of the current market situation which has seen highly… Read More