fbpx

Northern Trust has partnered BlackRock to deliver enhanced operations, data, and servicing capabilities to mutual clients. InvestorCOM announced a three-year data deal with Morningstar Inc. RIA in a Box joined forces with Morningstar, Redtail Technology (Redtail), and Riskalyze to help new RIAs work remotely and more efficiently. Charles Schwab gets DOJ approval to buy TD Ameritrade. Sezzle together with the Center for Generational Kinetics announced the results of a landmark nation-wide survey of young consumers. Moody’s Analytics has added new capabilities to its small business loan application and lending portal. Wealthfront has introduced several new features to its Cash Account.

BlackRock

Northern Trust has partnered BlackRock to deliver enhanced operations, data, and servicing capabilities to mutual clients. The new capabilities, delivered through BlackRock’s investment management and operations platform, Aladdin, will provide clients with increased efficiency, interoperability and transparency across the back, middle and front office.

Find details here.

Sezzle

Sezzle, the leading North American, purpose-driven, payments platform, together with the Center for Generational Kinetics, a global leader in generational research, announced the results of a landmark nation-wide survey of young consumers, providing new insights into how younger generations of consumers think about personal finances, credit products, and payments.

Find details here.

Moody's Analytics

Moody’s Analytics has added new capabilities to its small business loan application and lending portal to help banks process loan forgiveness applications under the CARES Act Paycheck Protection Program (PPP)

Find details here.

Investorcom

InvestorCOM, the leading provider of regulatory compliance software and communications solutions for the financial services industry, announced a three-year data deal with Morningstar Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia.

Find details here.

Charles Schwab

Charles Schwab gets DOJ approval to buy TD Ameritrade. Charles Schwab last November agreed to buy TD Ameritrade in an all-stock deal valued at $26 billion. The merger could create a brokerage giant in a market that has been ravaged by price wars.

Find details here.

RIA-in-a-Box

RIA in a Box, a leading provider of compliance, cybersecurity, and registration software and services solutions for the wealth management industry, announced it has joined forces with industry leaders Morningstar, Redtail Technology (Redtail), and Riskalyze to help new registered investment advisors (RIAs) work remotely and more efficiently in the wake of COVID-19. The Path to Independence Promotion will allow advisors that partner with RIA in a Box to register a new RIA firm to use industry-leading cloud-based technology from the supporting firms, free of charge, based on their unique business needs through December 2020.

Find details here.

Wealthfront

Wealthfront’s cash account now has a debit card and direct deposit, making it more like a hybrid checking and savings account. Wealthfront has introduced several new features to its Cash Account so it acts as a hybrid savings/checking account. Beginning June 3, Wealthfront is gradually making these features available to existing customers. By the end of June, anyone will be able to access these features.

Find details here.

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…

WealthTech Weekly June 15, 2020

WealthTech Weekly June 15, 2020

M1 Finance raised $33 million. DriveWealth partners with Winvesta Ltd. AdvisorPeak partners with FinMason. Act Analytics integrates with SS&C Advent’s Black Diamond® Wealth Platform. GeoWealth adds PIMCO fixed income model portfolios to…

WealthTech Weekly June 1, 2020

WealthTech Weekly June 1, 2020

Regal Holdings selected InvestorCOM's Reg BI compliance platform. LPL Financial purchases the assets of E.K. Riley. Envestnet builds AI-driven app. Vestwell launches a new retirement plan solution. FinMason was selected by RiskPro. Charles Schwab acquires…

WealthTech Weekly May 25, 2020

WealthTech Weekly May 25, 2020

Smarsh is to acquire Entreda. SS&C Technologies has acquired Innovest Systems. AdvicePay has an agreement with LPL Financial. EquityZen partners with Addepar. DriveWealth has an agreement with Access Softek. Raymond James, Scopus Financial Group,…

WealthTech Weekly May 18, 2020

WealthTech Weekly May 18, 2020

Xtiva raises $10 million. iCapital Network acquired Artivest. Goldman Sachs plans to buy Folio Financial. FIDx partners with RetireOne. Smartleaf is partnering with IDX Insights. Twenty Over Ten integrates with…

WealthTech Weekly May 11, 2020

WealthTech Weekly May 11, 2020

Franklin Resources acquired AdvisorEngine. Entreda joined the Preferred Pricing Program of FINRA. Winston Wealth Advisors joins LPL. AdvicePay launches a new capability for Enterprises. Twenty Over Ten launches the Lead Pilot ambassador…