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.
Betterment to Pay $9M SEC Fine for Tax Loss Harvesting Misstatements
By Jeff BermanTechnical issues cost 25,000 clients a total of $4 million in tax savings, the regulator said.
April 13, 2023
Altruist Raises $112M to Take on Schwab, Fidelity: Tech RoundupFunding came from Insight Partners and Adams Street Partners, plus Bill McNabb, Ron Carson and Marty Bicknell.
April 13, 2023
Best & Worst Firms for Self-Directed Investors: J.D. Power, 2023A poll finds most DIY investors, including those seeking guidance from advisors, don't understand how technology manages portfolios.
April 11, 2023
Should Your RIA Add a Custodian?Regardless of its size, your RIA could benefit from a multi-custodial system.
April 06, 2023
Robinhood Hit With $10M Fine Over Platform OutagesRegulators in seven states pushed for the settlement after numerous investors had trouble trading in March 2020.
March 30, 2023
Top 10 Third-Party Asset Managers of 2023: BroadridgeMany of these asset managers have improved their rankings despite troubled markets, a Broadridge report finds.
March 30, 2023
ChatGPT Use Could Spell Disaster for Advisors: AuthorAdvisors using such AI tools risk significant "legal and reputational harm," says Gary Smith of Pomona College.
March 29, 2023
Riskalyze, Orion Expand Integration PactThe enhancements should make Orion accounts "feel native" inside Riskalyze's platform, says Riskalyze CEO Aaron Klein.