Tagged: wealth management

February 22, 2025 @ 6:04 pm By Omar Faridi  |  

Addepar, a technology and data platform for investment professionals,  announced the launch of Alts Data Management, Private Fund Benchmarks, and cash flow forecasts in Navigator. These capabilities are reportedly built to enhance data-driven decision-making and boost operational efficiency for “advisors and institutions managing complex portfolios… Read More

February 18, 2025 @ 9:11 pm By Omar Faridi  |  

Myne, a wealth and asset tracking platform, announced that the firm has secured $2 million and has now finalized its pre-seed round. The new investment round was led by Scene Holding, followed by Raz Holding with “participation from Plus VC, the most active VC in… Read More

February 4, 2025 @ 10:13 pm By Omar Faridi  |  

Fuel Ventures, a UK venture capital firm, announced its investment of £2 million in Prosper, a wealth management platform targeting high net worth individuals that is shaking up the way wealth is managed by unlocking access to private markets and leveraging AI. The investment round… Read More

February 3, 2025 @ 1:17 pm By Omar Faridi  |  

Danske Bank‘s investment customers will soon benefit from one of the wealth industry’s investment and risk management technologies with the adoption of BlackRock’s Aladdin Wealth platform. Aladdin Wealth reportedly unifies the investment management process by combining portfolio management as well as data and risk analytics… Read More

January 14, 2025 @ 9:14 pm By Omar Faridi  |  

Endowus, Asia’s digital wealth advisory platform has increased its total funding to over $110 million. As noted in the announcement, an additional raise of $17.5 million follows from their $35 million raise last year to take the total for this round to $52.5M. New investors… Read More

January 14, 2025 @ 7:29 am By Omar Faridi  |  

Revolut, the global financial super-app, is making significant strides in its mission to redefine and reimagine modern financial services. With its latest product offering tailored for wealth management and private clients, the Fintech company is positioning itself as a solution for individuals seeking sophisticated financial… Read More

January 11, 2025 @ 6:09 pm By Omar Faridi  |  

nsave, the provider of “compliant” accounts abroad to people from countries with high inflation, announced the launch of an investment product, enabling people at risk of financial exclusion to “protect and grow” their wealth. The company confirmed an $18mn Series A investment led by TQ… Read More

January 9, 2025 @ 2:56 pm By Omar Faridi  |  

Merrill Wealth Management announced the launch of its Ultra-High-Net-Worth (UHNW) Advisory Group, a team of more than 25 Merrill specialists who will partner with advisors to deliver comprehensive wealth and investment solutions to UHNW clients and connect them to Bank of America’s (NYSE: BAC) breadth… Read More

December 8, 2024 @ 4:25 pm By Omar Faridi  |  

BNP Paribas Wealth Management noted that in 2025, investors should keep front of mind a few select trends, especially in a challenging context. First, BNP Paribas noted that lower interest rates will support “leveraged asset classes,” such as real estate, infrastructure and private equity. Furthermore,… Read More

November 21, 2024 @ 10:01 pm By Omar Faridi  |  

Pantheon, a private markets investor, announced the launch of two funds to expand its private wealth offerings across asset classes in key growth markets globally. Leveraging expertise in evergreen product structuring, Pantheon is focused on meeting the needs of private wealth investors seeking diversified portfolios… Read More

November 20, 2024 @ 9:36 pm By Omar Faridi  |  

80% of asset and wealth managers say AI will fuel revenue growth while ‘tech-as-a-service’ could see 12% boost to revenues by 2028, according to an update from PwC. PwC also mentioned in its research study that almost three-fourths (73%) of asset and wealth management (AWM)… Read More

November 19, 2024 @ 8:51 am By Omar Faridi  |  

Wealth intelligence provider, 1fs Wealth, has announced a  partnership with, Apex Group, a financial services company, that will see the group’s clients benefiting from the digital wealth management solutions. Based in London, 1fs Wealth’s AI-powered platform enables wealth owners to consolidate their assets, “control risk,… Read More

October 30, 2024 @ 10:20 pm By Omar Faridi  |  

iCapital, the platform driving the alternative investment marketplace for the wealth and asset management industries, in collaboration with GeoWealth and BlackRock (NYSE: BLK), announced its tech is powering a platform experience for registered investment advisors (RIAs), which enables firms using GeoWealth to include private assets… Read More

October 30, 2024 @ 3:22 pm By Omar Faridi  |  

Binance, the blockchain ecosystem “trusted” by 230 million+ users worldwide, announced Binance Wealth, the crypto exchange technological solution for wealth managers. Binance Wealth allows wealth managers to oversee the onboarding of their clients and make investment recommendations, allowing clients to receive support during onboarding and… Read More

October 20, 2024 @ 3:50 pm By Michael Wong  |  

MyFO, a Canadian platform catering to family offices and wealth management professionals, has closed its $3.5 million seed funding round, led by Rhino Ventures. The oversubscribed round will help the company scale operations, enhance product offerings, and expand its team as it seeks to meet… Read More

October 6, 2024 @ 2:03 pm By Omar Faridi  |  

The Bank of New York Mellon Corporation (BNY) (NYSE: BK), a global financial services company, announced BNY has entered into a definitive agreement to acquire Archer Holdco, LLC, a technology-enabled service provider of managed account solutions to the asset and wealth management industry. Archer provides… Read More

October 2, 2024 @ 7:53 am By Omar Faridi  |  

LSEG (London Stock Exchange Group), a global financial markets infrastructure and data provider, releases a report, The Future of Wealth: Why Consistency Matters, highlighting the impact of Artificial Intelligence (AI) in wealth management. AI continues to transform the wealth management sector with 62% of wealth… Read More

September 26, 2024 @ 5:29 pm By Omar Faridi  |  

CAIS, the alternative investment platform for independent financial advisors, announced it has expanded its offerings of alternative investment strategies from leading alternative investment managers, deepening the firm’s commitment to making alternative investment products more accessible to wealth management. New managers that have introduced strategies “on… Read More

September 24, 2024 @ 8:07 am By Omar Faridi  |  

Revolut is reportedly introducing a standalone app based on its wealth management offering as Europe’s leading Fintech aims to challenge major competitors like Robinhood as well as Etoro in the retail investor sector. The Revolut Invest app will provide over 4,000 financial instruments, including from… Read More

September 20, 2024 @ 9:24 am By Omar Faridi  |  

iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, will provide its technology to HSBC Global Private Banking. The solution will be fully integrated into HSBC’s platform “to digitalize the private market investment experience for its relationship managers,… Read More