Investment Platforms
Get the latest news and insights on investment platforms (including digital, mobile and online platforms), and how these developments impact financial advisors, the wealth management industry and more.
Captrust Buys $1.6B Wealth Firm
By Janet LevauxThe news comes a week after Captrust sold a minority interest to a private equity group.
May 14, 2020
Goldman to Buy Folio FinancialWith this deal, Goldman "fills in the last piece" of its wealth management ecosystem, consultant Gavin Spitzner says.
May 06, 2020
Franklin Templeton Buys Digital Wealth Platform AdvisorEngineThe deal comes less than three months after Franklin acquired asset manager Legg Mason for $4.5 billion.
April 29, 2020
Raymond James' Profits Fall 35% on COVID-19 IssuesPrivate client pretax income, though, rose 29% in the period ending March 31.
April 28, 2020
FTV Capital Buys Majority Stake in DocupaceAs part of the deal, David Knoch, former head of 1st Global, becomes CEO of the cloud-focused wealthtech firm.
April 23, 2020
Motif's Shutdown Seen as 'Tip of the Iceberg'Consultant Doug Fritz expects 20% of fintech firms to be wiped off the map.
April 23, 2020
Wells Fargo Nabs Merrill, Morgan Stanley, UBS Reps; Loses Team to RBC: Recruiting RoundupBut Wells' employee channel lost a $688 million team to RBC in Wisconsin.
April 21, 2020
Robo-Advisors: Regulators May Be Closer Than You ThinkRight now it might be the Wild West, but sometime soon, robos might find a new sheriff.