The TAMP doubled down on its vision to aggregate the 2 petabytes of consumer spending data it collects — roughly equivalent to 1 trillion pages of printed text or 40 million filing cabinets.
As advisers look to use online tools for prospecting, Commonwealth and Sanctuary team up with Tifin, and AssetMark and eMoney Advisor roll out upgrades.
Companies ranging from established robo-advisers like Betterment to upstarts like the crypto-focused robo Domain Money have launched new products in recent weeks to help clients navigate the complex and often confusing world of digital assets.
Stocks fell as President Joe Biden warned of an imminent Russian attack on Ukraine, combined with other concerns, like rising inflation.
The New York-based robo-adviser, which landed its largest capital funding round to date in September, for a valuation of $1.3 billion, could now have a significant bull's-eye on its back for potential buyers.
Investors are piling into exchange-traded products that offer exposure to companies jockeying to create virtual realities.
Allspring Global Investments, the former asset management division of Wells Fargo, is betting its quantitative analysis approach to investment strategies could be just as successful on the gridiron.
The wealth management fintech spent $625 million to secure the naming rights to Los Angeles’ football stadium in 2019 and will be hoping for a major return on its investment.
Once Betterment launches its own crypto tool using Makara's technology, the tool will be available to retail clients, as well as through Betterment For Advisors, the company's business-to-business platform.
The majority of advisers said that while they're satisfied with their current technology, further enhancements could spur additional growth this year, according to a survey by Broadridge Financial and FSI.
