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10 Transformational Trends from the T3 Enterprise Conference

10 Transformational Trends from the T3 Enterprise Conference

Posted by on Oct 29, 2018 in Conference Summaries

The high rollers were out, in Las Vegas last week, laying down their bets and placing wagers on contestants in high stakes games. Except these players were going all in on wealth management technology at the T3 Enterprise Conference, which was held for the second year in a row at the Cosmopolitan Hotel. #T32018 It is going […]

4 Best Practices for Banks Launching Digital Advice Channels

4 Best Practices for Banks Launching Digital Advice Channels

Posted by on Apr 29, 2018 in Conference Summaries

“I think that you will all agree that we are living in most interesting times. I don’t remember a time in which our history was so full, in which every day brought us new objects of interest, and, let me say also, new objects for anxiety.” — Joseph Chamberlain, British Politician, 1898 We can all […]

7 Surprising Ideas From Fiserv Forum 2018

7 Surprising Ideas From Fiserv Forum 2018

Posted by on Apr 23, 2018 in Conference Summaries

The future impact of emerging technologies on banking and wealth management were a continuous theme throughout Fiserv’s annual client conference, called Fiserv Forum, which was held last week at the Venetian Hotel in Las Vegas. Artificial intelligence, cybersecurity and the rise of China in mobile payments were hot topics covered by multiple speakers and panel discussions […]

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 […]

Winners of WealthTech: Cheryl Nash

Winners of WealthTech: Cheryl Nash

Posted by on Dec 2, 2017 in Interviews

This is the fourth article in a series we are calling Winners of WealthTech, where I interview people who have made a name for themselves in wealth management technology and have a track record of innovation and success. My first interview was with Aaron Klein, CEO of Riskalyze. The second was with Bill Crager, President of Envestnet, […]

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 […]

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 […]

5 Reasons Why Banks Should Start Their Own RIAs

5 Reasons Why Banks Should Start Their Own RIAs

Posted by on Feb 26, 2017 in Industry Analysis

Twenty years ago, the majority of new accounts opened by banks were trust accounts, while only a small minority were advisory accounts.  That has since flipped 180 degrees.  Now, the majority of accounts are advisory, with only a small percentage being trust accounts.  Yet, many bank wealth management groups still put all of their accounts onto […]

3 Tips For Wealthfront to Avoid Running Out of Gas

3 Tips For Wealthfront to Avoid Running Out of Gas

Posted by on Apr 12, 2016 in Industry Analysis

Wealthfront finds itself facing a cloudy future as its fifth anniversary nears, thanks to the dust that its bigger rivals, Vanguard and Schwab, and its disruptive competitor, Betterment, are leaving in their wake. The robo-advisor just announced a collection of new features that they hope will right the ship and get their asset growth back on […]

4 Reasons Why the End is Near for Wealthfront

4 Reasons Why the End is Near for Wealthfront

Posted by on Feb 26, 2016 in Industry Analysis, Technology

As recently as last summer, Adam Nash, CEO of roboadvisor Wealthfront, was boasting about his firm’s rapid growth and how they could soon replace ‘traditional’ financial advisors. How fast the world changes in just a few months. In an article in InvestmentNews, Alessandra Malito reported that Wealthfront’s AUM growth slowed to a crawl by the end of last year: Wealthfront, which […]