Betterment surveyed 1,500 investors to analyze which pandemic-fueled behaviors are likely to continue, like day trading and meme stocks.
Joseph Coughlin spoke Wednesday as part of a presentation on longevity planning at the InvestmentNews Women Adviser Summit.
Stash announced its first acquisition of financial literacy platform PayGrade following an increase in assets under management.
Betterment tapped RIA in a Box, RightCapital, and Wealthbox to provide new and breakaway RIAs a predetermined tech stack.
Orion rolls out the first tech tool that incorporates its merger with Brinker Capital and its acquisition of risk management software HiddenLevers. The tool helps firms understand investors' emotional reactions to market volatility.
The acquisition, subject to regulatory approvals, is meant to complement the launch of Chase as a digital bank in the UK later this year. Nutmeg manages more than $4.9 billion in assets.
Bitwise CEO Hunter Horsley said the firm is prioritizing hiring to provide client service, education and analyst relationships to advisers.
The goal is to turn the RIA space into community banks, giving RIAs the same access to banking tools as a wirehouse adviser, according to CEO Tyrone Ross.
Addepar, a software used by advisers to track how investment portfolios perform across asset classes, raised an additional $150 million from New York City-based hedge fund D1 Capital Partners.
RobustWealth, which includes digital advice, goal-based investment tools and client onboarding, will stop servicing advisers in September.
