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EP Wealth Advisors acquired International Research & Asset Management. Grab Financial Group acquired Bento to offer retail wealth management solutions to users. OneDigital acquires Resources Investment Advisors. Riskalyze is rolling out its risk metrics to professionals at Farm Bureau Financial Services. WisdomTree Investments plans to offload its stake in AdvisorEngine. Marie Chandoha, former CEO of Charles Schwab Investment Management, joined Zoe Financial’s Advisory Committee. Charles Schwab catches up to Wealthfront and Personal Capital.

EP Wealth Advisors

EP Wealth Advisors, an independent registered investment adviser that specialises in client-centric financial planning and investment management services, has acquired International Research & Asset Management (International Research). The acquisition establishes EP Wealth’s presence in Texas and enhances its investment management and strategic wealth planning expertise.

Find details here.

Grab Financial Group

Grab has announced that is has acquired Bento, a Singapore-based robo-advisory start-up, that will allow Grab to offer retail wealth management solutions to users, driver-partners and merchant-partners, via the Grab app. Grab Financial Group currently offers financial services across Southeast Asia in payments (GrabPay), rewards (GrabRewards), lending (GrabFinance), and insurance (GrabInsure) to micro-entrepreneurs, small business owners, driver-partners and users across Southeast Asia.

With the acquisition, Bento will be rebranded as GrabInvest with products launched on the Grab app in the first half of the year in Singapore. GrabInvest will be a new core business vertical under Grab’s financial services arm, Grab Financial Group, led by Chandrima Das, Founder and CEO, Bento.

Find details here.

AdvisorEngine

New York-based ETF provider WisdomTree Investments has unveiled plans to offload its $58m stake in wealth management technology platform AdvisorEngine. Notably, last month, WisdomTree made a strategic investment in Securrency, a blockchain-based financial and regulatory technology developer.

Find details here.

Zoe Financial

Zoe Financial, Inc., a technology-driven marketplace that empowers individual investors to make better financial decisions, announced Marie Chandoha, former CEO of Charles Schwab Investment Management, has joined their Advisory Committee

Find details here.

Charles Schwab

Charles Schwab’s improved digital financial planning tools place the firm’s user experience “on par” with leading independent automated advice platforms or so-called robo advisors Wealthfront and Personal Capital, according to “The Robo Report,” released by Backend Benchmarking.

Find details here.

OneDigital

OneDigital, an employee benefits broker for small to midsize employers, announced plans to acquire Resources Investment Advisors, an Overland Park, Kan.-based registered investment advisory and super office of supervisory jurisdiction with Triad Advisors. The firm manages $45 billion and works primarily with employer-sponsored retirement plans.

Find details here.

Riskalyze

Financial professionals at Farm Bureau Financial Services will have access to Riskalyze’s risk assessment features in May, as the wealthtech company continues to use regulators’ “best interest” standard to sign firms up for its service. The deal will give approximately 1,000 more individuals at the financial services firm, which offers life insurance, annuities and investment products, access to Riskalyze, according to an announcement.

Find details here.

WealthTech Weekly August 10, 2020

WealthTech Weekly August 10, 2020

Intuit is to acquire TradeGecko. Pathstone acquires Cornerstone Advisors. ROBO Global joins Oranj's list of asset managers. TruChoice Financial Group announced a new relationship with Snappy Kraken. Addepar was named…

WealthTech Weekly August 3, 2020

WealthTech Weekly August 3, 2020

Apex Clearing integrates with Orion. Mirador partners Fusion Financial Partners. Fi360 partners with ProctorU. DriveWealth partners with MotivHealth. MoneyGuide teamed up Envestnet Analytics. Sezzle partners with Plaid. Hearsay Systems partners with Salesforce. Asset-Map announced AdviceTech.LIVE, a live,…

WealthTech Weekly July 27, 2020

WealthTech Weekly July 27, 2020

E*TRADE is to adopt the merger agreement with Morgan Stanley. FP Alpha announced a new client data integration with Redtail. Xignite partnered with SIX. Cornerstone Financial Planning joins LPL. Marstone will integrate with…

WealthTech Weekly July 20, 2020

WealthTech Weekly July 20, 2020

Radius Bank in partnership with Harvest Savings & Wealth Technologies deploy Goalkeeper. AdvicePay partnered with Envestnet | MoneyGuide. Insigneo partners with Skience. DriveWealth retained BackBay Communications as agency of record. Riskalyze appointed Brian McLaughlin to its…

WealthTech Weekly July 13, 2020

WealthTech Weekly July 13, 2020

AdvicePay integrates MoneyGuide. Morningstar acquires Sustainalytics. Twenty Over Ten updates its Lead Pilot tool. ParameterInsights published a report on changes in the wealth management industry. SmartAsset's CEO, Michael Carvin, was named one of…

WealthTech Weekly July 6, 2020

WealthTech Weekly July 6, 2020

Empower Retirement acquires Personal Capital. FIS is teaming up with FICO. The CFP Board Center for Financial Planning partners with Facet Wealth. Orion Advisor Solutions and Brinker Capital create a…

WealthTech Weekly June 29, 2020

WealthTech Weekly June 29, 2020

Envestnet partners with Dynasty Financial Partners. Orion partners with State Street Global Advisors. Smartleaf partners with Melius Investments. Cary Street Partners acquired Waypoint Advisors. Advisor Group rolls out its new eQuipt Dashboard. Ellevest is…

WealthTech Weekly June 22, 2020

WealthTech Weekly June 22, 2020

LPL advisors now have access to AdvicePay. GeoWealth announced a strategic alliance with Foreside Financial Group. TD Ameritrade Institutional launches a new RIAConnent tool. Broadridge launches AI-powered platform. Intuit QuickBooks' new ML-powered tool…