According to a new study published by The Vanguard Group Inc., the vast majority of advised clients aren't interested in totally digital advice.
The latest edition of the Robo Report by Backend Benchmarking tracks 58 accounts at 35 different providers and includes both qualitative factors, such as financial planning features, as well as the performance metrics.
Chicago-based Hub will buy Insureon’s digital insurance agency and its brand, while Bold Penguin will take control of its technology platform.
The Department of Homeland Security has set up a page warning of cyberattacks emanating from Russia, and both the SEC and Finra echoed those concerns in notices to the public.
The fintech is reportedly being shopped around to private equity firms in what could potentially become one of the largest wealthtech deals to date.
The world’s largest firms are betting that new tools from wealthtech providers, ranging from AI to robotic process automation and blockchain systems, can help slash costs while increasing assets.
Small to midsize wealth management firms are more likely to purchase third-party tools than their wirehouse counterparts.
In the company’s first foray into the 529 space, the Student Loan Management platform allows workers with a Betterment 401(k) to view their loans alongside their other financial accounts.
In addition to a recent deal with Carson Group in October, other partnerships with Orion Advisor Solutions and Advyzon have proved successful for the company, which claims to have grown 300% in the past three years.
Hundreds of comments have been published online in the past two weeks, after Grayscale Investments launched a media campaign encouraging the public to weigh in on a Bitcoin ETF.
