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Morgan Stanley launches a new advisory technology platform to provide financial advisors with one dashboard for all services. DriveWealth has formed a strategic partnership with Trading Central to leverage common elements of both businesses. Acorns is looking to raise more than $100 million in the new round.

Morgan Stanley

Morgan Stanley launches a new advisory technology platform.

Morgan Stanley is ramping up its fight to distinguish its wealth management business in one key area: technology. The firm on Monday launched WealthDesk, a new platform for its army of 15,000-plus financial advisors. The idea of the platform is that it will provide financial advisors with one dashboard where they can go for all of their financial planning, advice and implementation tasks.

Find details here.

DriveWealth

DriveWealth, LLC, an innovative global digital trading technology providing access to US markets has formed a strategic partnership with Trading Central, a leading investment research provider. The partnership will enable both the companies to leverage common elements of their businesses: seamless, digital, mobile-first transaction capabilities and sophisticated, accessible and actionable financial content.

Find details here.

Acorns

Acorns Grow Inc. is in talks with investors for a new funding round that would give it a valuation north of $700 million, according to people familiar with the matter.

Acorns, which is part of a growing list of startups offering digital wealth management services, is looking to raise more than $100 million in the new round, though that number could change, said one of the people, who all asked not to be identified because the deal is private.

Find details here.

WealthTech Weekly February 11, 2019

WealthTech Weekly February 11, 2019

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WealthTech Weekly February 4, 2019

WealthTech Weekly February 4, 2019

Acorns raised $105 million in Series E funding. AdvicePay raised $2 million in seed extension funding. AdvisorEngine integrates with BNY Mellon's Pershing. Axos Financial acquires COR Clearing LLC. DriveWealth will expand its partnership…

WealthTech Weekly January 28, 2019

WealthTech Weekly January 28, 2019

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WealthTech Weekly January 21, 2019

WealthTech Weekly January 21, 2019

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WealthTech Weekly January 14, 2019

WealthTech Weekly January 14, 2019

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WealthTech Weekly December 31, 2018

WealthTech Weekly December 31, 2018

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WealthTech Weekly December 24, 2018

WealthTech Weekly December 24, 2018

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WealthTech Weekly December 17, 2018

WealthTech Weekly December 17, 2018

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