The transaction is expected to close in the second quarter, with Redtail CEO Brian McLaughlin becoming president of Orion.
The deal with fintech Pontera provides ability to do more complete household reporting.
While artificial intelligence is often seen as a job killer, the Great Resignation has spotlighted the limitations of support and integration operations reliant on traditional workforces and approaches.
The Fed’s main challenge is to reduce the gap between jobs and workers, and to slow wage growth to a pace consistent with its 2% inflation goal.
This month’s #AdviserTech roundup looks at Wealthbox's funding round and the transition in advisory firms' use of CRM systems, Summit Wealth Systems' attempt to build the next generation of performance reporting, and Advyzon's new TAMP.
Automated Document Bundling detects, enriches and batches new-account documents.
The 23-year-old management software company is moving its headquarters to Berwyn, Pennsylvania, while offering employees 'maximum flexibility.'
Investment Adviser Association, American Securities Association say advisers need more than 48 hours to report breaches to SEC.
The company will use the capital to deepen its offerings and product solutions, and help women reach their money goals.
The steady flow of PE money into wealth management illustrates the bullish outlook for the industry's fee-based revenue streams.
The latest study from the financial services firm found that top advice-oriented providers offer fairly comprehensive planning tools, ranging from online advice only to one-on-one human financial advisers who are just a phone call away.
The company has begun adding support for individual retirement accounts and Roth IRAs within its app, as well as pension accounts.
Schwab Personalized Indexing will bring the benefits of direct indexing, like better tax management and portfolio management capabilities, to a wider spectrum of investors and advisers.
J.P. Morgan hired Boaz Lahovitsky from Vanguard in 2020 to oversee the call center and video conferencing program.
A new survey of some 4,300 financial advisers and students found that a lack of financial assistance was the No. 1 barrier to entry into the industry, with nearly half of the respondents citing finances as a top concern.
The risk-analysis platform plans to more than double its bond coverage by adding 800,000 more individual bonds this year.
The company's asset management unit already supervises a total of $350 billion in assets in defined-benefit and defined-contribution accounts and will utilize the acquisition to provide new digital tools to customers.
The service, called the Orion Network, offers advisers access to preferred rates from more than 100 third-party service providers.
The Menlo Park, California-based company announced a new debit card last week, complete with a spare change investing feature, after reaching a settlement with the Vermont Department of Financial Regulation over lax oversight and service outages.
Private equity firms Clearlake Capital Group and Motive Partners announced the acquisition of Beta+ this week and plan to use the tech to enhance wealth management firms they already own.
