Digital Banking App Varo Money Expands Offering
Newest product features will help customers manage cash flow and build savings.
FPA NexGen Picks Former Teacher as 2018 President-Elect
Autumn Campbell of New Orleans will assume the role in January.
Hearsay Acquires Mast Mobile to Strengthen Its Texting Platform
Hearsay will apply Mast’s technology to advance its Hearsay Messages text-based client outreach solution.
AI-Powered Equity ETF Launches on NYSE Arca: Portfolio Products
In other product news, IndexIQ launches two actively managed municipal bond ETFs.
2 Biggest Reasons Clients Trust Their Advisors
Vanguard assessed 32 skills, practices and behaviors for their effect on client trust. Interestingly, financial planning ability barely cracked the top 10.
Advisor Charged With Stealing $9M From Elderly Woman’s Foundation: Enforcement
Meanwhile, a Massachusetts advisor is accused of steering clients into funds in which he had an interest.
‘Fearless Girl’ Was Never a ‘Statement of Accomplishment’: State Street
Brie Williams of State Street, which commissioned the statue, discusses her firm's commitment to gender pay equity in the wake of a $5 million lawsuit.
Orion Advisor Services Launches Free Peer-to-Peer Model Marketplace
Orion partnered with Russell Investments, BlackRock and CLS Investments on its new "Orion Communities."
Younger Millionaires Want a ‘Personal CFO’: Fidelity
The ranks of Gen X and millennial millionaires are growing fast, but the share of this group using advisors is falling, fidelity finds.
How to Use ‘What If’ Scenario Planning as Risk Management
Luis Maizel, co-founder of LM Capital Group, said he and his team always have 40 or 50 life scenarios planned.