The deal positions the turnkey asset manager to build its own financial wellness platform, similar to a strategy announced by TAMP powerhouse Envestnet last week.
The goal of the self-serve portal is for fintechs to identify use cases for the hundreds of APIs Schwab and TD Ameritrade have available.
Envestnet plans to ramp up investments into a digital financial wellness ecosystem that connects multiple aspects of a user's financial journey.
Envestnet advisers can manage trust and estate planning accounts for their clients thanks to an API integration with Trucendent
SPAC deals are dominating the market as a convenient shortcut that allows fintechs to go public without the hassles involved in pursuing an initial public offering.
Apex Clearing is the latest wealthtech company to go public via blank-check merger, following in the footsteps of SoFi and MoneyLion
Tech-driven personalization, enhanced user experiences, and ESG served as key themes during InvestmentNews’ inaugural Next Gen Summit.
Bitcoin's rally and an increase in institutional adoption amplify the need for advisers to educate themselves on cryptocurrencies.
Mainstream investors can now open an account with Goldman Sachs with $1,000 and a smartphone. After delaying the launch last year, Marcus Invest solidifies the bank’s goal to bring investing to a wider audience of consumers.
In the past, advisers viewed social media as a marketing tool that targeted only millennial and Gen Z clients. That narrative has changed.
