Digital Client Onboarding: A Key Step Toward Wealth Management Platform Growth
Aite Group describes the increasingly important role of automated client onboarding for financial advisors.
Top Portfolio Products: Global X, Nuveen Add ETFs; Financial Engines Expands Services
Global X introduces three tech ETFs while Nuveen adds bond ETF focused on additional yield.
Betterment Played Favorites With Clients After Brexit Vote: Massachusetts Regulator
The regulator is unhappy with the unequal treatment of Betterment’s retail and institutional clients during the firm’s trading halt following Brexit.
Compliance Support for DOL Fiduciary Rule Next Big Advisor Need: Cogent
Advisor education may be important for firms as much for assuaging fears and easing confusion as for compliance, new research from Cogent says.
U.K. Official: No Brexit Negotiations This Year; U.S. Groups Want Transition Period
A British official overseeing trade policy told a SIFMA symposium that the U.K. will “definitely not” begin the process of exiting the EU before year end.
5 Robo-Advice Myths Busted
The robo-advice market is not “human vs. technology,” it’s about helping advisors do their jobs better.
Envestnet’s Bergman: Robo-Advisors, Automation Critical for RIAs’ Success
Bergman makes the case that a robo-advisor plus a human advisor equals better client outcomes.
Betterment Renames, Restructures Its Advisor Platform
Betterment Institutional becomes Betterment for Advisors and will offer ETFs from Vanguard and ETFs from Goldman Sachs.
RIA M&A Activity on Track to Hit a New Record: Schwab
Building off a record 2015, RIA M&A activity is off to an even stronger start in the first half of 2016.
$2.2B Morgan Stanley Group Leaves to Form RIA
The Wichita, Kansas, firm will serve about 900 families in Kansas and work with Pershing Advisor Solutions.