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How the Quovo Deal Validates Envestnet’s Vision for Yodlee

How the Quovo Deal Validates Envestnet’s Vision for Yodlee

Posted by on Jan 22, 2019 in Industry Analysis

“Good ideas are always crazy, until they’re not.” – Larry Page, co-founder of Google When Envestnet CEO Jud Bergman announced that his company was shelling out just under $600 million to buy data aggregator Yodlee, saying that the market did not approve was an understatement. The firm was blasted by both the press and equity […]

The Top 10 Articles from 2018

The Top 10 Articles from 2018

Posted by on Dec 30, 2018 in Industry Analysis

Welcome to 2019! It’s the 50th anniversary of both the Woodstock Music Festival and the Neil Armstrong’s Giant Leap for Mankind. Somehow I don’t think we’ll be able to top either of those events, but that won’t stop us from trying! Every year we compile this list of the most viewed articles here on Wealth […]

Is Cryptocurrency Ready for Wall Street?

Is Cryptocurrency Ready for Wall Street?

In the year 1637, in what is now the Netherlands, market speculators bid up the prices for tulip bulbs to astronomical amounts.  In one alleged transaction, a single bulb of the Viceroy variety was traded for 1,000 pounds of cheese, 12 sheep and 8 pigs. The Tulip Mania, as it was later called, ended with […]

Top 10 WMToday Posts from 2017

Top 10 WMToday Posts from 2017

Posted by on Jan 6, 2018 in Industry Analysis

This post usually comes out at the end of December, but life got a little busy for us around the holidays. Better late than never, right? The list below is a handy resource for our regular readers who might have missed a post or two during the year.  It’s also quite useful for visitors who might […]

How Banks Are Taking the Lead in Robo Advisor Technology

How Banks Are Taking the Lead in Robo Advisor Technology

Posted by on Dec 17, 2017 in Industry Analysis

Banks are traditionally stodgy institutions built on creaky, old infrastructure and usually being the last ones to adopt new technologies.  This has been true regarding robo-advisors and digital advice platforms, where broker-dealers and RIA’s have taken the lead over the past few years. But now, it seems that change is coming. While the growth of […]

Envestnet Expands Their TAMP Empire with FolioDynamix Deal

Envestnet Expands Their TAMP Empire with FolioDynamix Deal

Posted by on Sep 27, 2017 in Industry Analysis

When the same football team keeps winning the Super Bowl or the same baseball team keeps winning the World Series, everyone gets used to hearing the same teams names mentioned every year. The same might be true for acquisitions in the wealth management technology space.  For the past few years, the name behind much of the […]

Who Can You Trust When Buying Portfolio Rebalancing Software?

Who Can You Trust When Buying Portfolio Rebalancing Software?

Posted by on Sep 10, 2017 in Industry Analysis, Practice Management

“As you all know, first prize is a Cadillac Eldorado. Second prize is a set of steak knives. Third prize is you’re fired.”   — Alec Baldwin as Blake in Glengarry Glen Ross No one likes high pressure salesmen, no matter what they’re selling. Whether it’s a car, a cell phone or computer software, you […]

RBC Tries to Jumpstart RIA Custody Business with New Platform

RBC Tries to Jumpstart RIA Custody Business with New Platform

Posted by on Aug 24, 2017 in Industry Analysis, Technology

The asset gap between the Big 4 RIA Custodians and the second-tier custodians is as wide as the Grand Canyon. With a combined asset base of over $2.5 trillion, the Big 4 would seem to have nothing to worry about from their small custodian peers. Yet, the many niche RIA custodians don’t seem to be […]

WealthManagement.com: What’s Riskalyze Building?

WealthManagement.com: What’s Riskalyze Building?

Posted by on Aug 14, 2017 in Industry Analysis

“The future is already here — it’s just not very evenly distributed”. When science-fiction writer William Gibson came up with this maxim in the early 1990’s, he was referring to how technological advances are unevenly spread across the globe. The same holds true for technological advances across the fintech space. Take Riskalyze for example. When the company was […]

MMI Model Hub Looks to Unify Battling Vendor Networks

MMI Model Hub Looks to Unify Battling Vendor Networks

Posted by on May 23, 2017 in Industry Analysis, Technology

The era of the model hub as a standalone product has arrived. With the launch of model hubs like InvestEdge’s MMxCHANGE, Vestmark’s Manager Marketplace and the soon-to-be released Money Management Institute’s (MMI) Model Hub (the Hub of Hubs), model hubs have moved from internal-only tools that took a back seat to portfolio management and trading and have become […]