Tagged: wealth management

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

Refinitiv and Vestorly to Provide Enhanced AI-powered Digital Marketing Solutions to Wealth Managers

Refinitiv, an LSEG Business, recently revealed that it entered a strategic agreement with Vestorly, an AI-powered content curation, and marketing platform, in order to offer wealth management companies and advisors with personalized content and marketing tools “designed to foster a more-impactful digital customer engagement experience.”… Read More

Trillion Dollar Asset Manager Addepar Appoints CFO After Record Year of Business Growth

Addepar, a software and data platform “purpose-built” for investments, recently revealed that Eric Daniels has joined the firm as Chief Financial Officer. Daniels reportedly brings over 20 years of financial and operations executive leadership experience to Addepar, “with a focus on SaaS and data information… Read More

Australian Wealth Firm FinClear Selects Broadridge to Expand Securities Finance Business

To assist in streamlining their securities finance offering, FinClear, the wealth management infrastructure provider in Australia, has chosen Broadridge Financial Solutions, Inc. (NYSE:BR). As mentioned in a release, Broadridge’s Securities Finance and Collateral Management (SFCM) FastStart solution offers FinClear and its clients “with enhanced functionalities… Read More

Fintech SIMON Announces Investment from Citi

Citi is a long-time partner of SIMON, both as a leading issuer of structured investments and via its wealth management division whose financial professionals use the investment platform. In alignment with the focus of both firms, this announcement underscores Citi‘s (NYSE: C) commitment to innovative… Read More

Coinbase Prime Empowers OneRiver to Provide Separately Managed Acct Strategies for Investment Advisors

Investors are reportedly demanding high-quality, diversified exposure to digital investment strategies. And to address such requirements, institutions must steadily move along the adoption curve, equipped with advanced tools and trading capabilities. Coinbase Prime continues to cater to the goals of institutional investors in navigating this… Read More

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