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.
Schwab System Quirk Could Create RMD Headaches for Former TD Clients
By Ryan W. NealAdvisors who recently moved to Schwab should check on their clients' monthly withdrawals, an advisor warns.
November 14, 2023
Social Media Posts Indicate Possible E-Trade GlitchSocial media users reported problems trying to use E-Trade as the market climbed.
November 10, 2023
World's Biggest Bank Has to Trade Via USB Stick After HackThe cyberattack is suspected to be the work of the gang Lockbit and has hit other financial firms.
November 10, 2023
Webull Fined $500K for Lack of Compliance TeamAt times, the firm had only one compliance employee for hundreds of thousands of accounts, state regulators said.
November 06, 2023
Future Proof Partners to Stage March EventThe gathering in Colorado will offer three types of networking and activities for a smaller wealth management crowd.
November 06, 2023
Morningstar, Envestnet Launch Managed IRA ServiceThe IRA product will have no account minimum, allowing investors with lower balances to access personalized advice.
November 01, 2023
Schwab Layoffs of 2,000 Have BegunThe firm says it's cutting 5%-6% of its workforce, which totaled 35,900 on Sept. 30.
October 30, 2023
New York Life Launches Hybrid Digital-Advisor Tool for Small AccountsEagle Strategies Prosper Portfolios use ETFs and have a $5,000 minimum.