While investing in single stocks can expose investors to more volatility, the feature lets customers stay diversified while also allowing them to buy shares of their favorite companies.
Millions of consumers are already creating free financial plans right from their mobile phones, meaning the ability to create customized plans may become commodified.
The majority of global financial service institutions are facing serious issues related to securing their stored data, according to a recent survey by data storage company Continuity.
Morgan Stanley allegedly learned of the breach when it was contacted by a man who said he had purchased used IT equipment from an internet vendor that came with access to sensitive customer data.
The ability to roll options was previously available only to Level 3 users, who have access to more trading functionality.
Customers of the $8 trillion mutual fund giant weren't able to access certain account reports or receive trade confirmations while the website was having problems.
It's important for advisers to understand what they can and can't do under the agency's new marketing rules when it comes to advertising and marketing via social media and messaging apps.
The earlier-than-expected decision from the SEC could suggest a 2022 approval for a pure Bitcoin fund may not be in the cards either.
This month’s #AdviserTech roundup includes Halo Investing’s $100 million funding round, Orion’s acquisition of BasisCode Compliance and Geowealth’s $19 million funding round.
Employees often communicated about business on their personal devices, using text messaging applications, such as WhatsApp. The compliance systems were not keeping up with technological advances, an expert said.
Making sustainable investing a part of firms' investment advice and portfolio management processes requires the appropriate tools.
A bug earlier this year let plan sponsor clients view outside participants' data, and one man claims he and others suffered consequences.
A relaunch in 2020 has allowed the company to pivot to serving financial advisers, which is a more sustainable business model, according to CEO Eric Arnold.
The pandemic has sparked growth in collaboration tools, but for financial services firms, an enterprise-focused wealth management platform is an equally important part of solving the collaboration puzzle.
Users will be able to send cryptocurrency via digital gift cards, according to code discovered in a beta version of the company's iPhone app.
Just three of the 14 companies surveyed — BlackRock Inc., Capital Group Inc. and J.P. Morgan & Co. — received top marks in the 20th percentile, according to the research.
The acquisition marks the third deal for ComplySci in the fourth quarter, in the wake of a strategic investment from K1 Investment Management, a private-equity firm focused on enterprise software companies.
Lasso, a social-networking app, is hoping to land the millions of new retail investors using online investing apps with financial advisers.
The technology allows advisers to trade weighted baskets of stocks, allowing clients to directly own a portfolio of equities designed to mimic the holdings of an ETF.
The trade association said the regulator has all the tools and authority it needs through Reg BI. It's also pushing agencies to allow remote supervision permanently.
