Managers of Wealth Americas

Finology Software, Helping Advisors Engage With and Plan for HENRYs

Our technology columnist caught up with Alex Bottom and spoke with him about developments to his platform meant to help advisors with managing student debt.

Settling into the new normal

SEI's second-quarter economic outlook.

AutoRek and JPMorgan Payments join forces to improve insurance firm's premium processing

This collaboration aims to unlock new market opportunities for insurance firms

Even with a $4B fortune, there’s room for a side hustle

Former Lehman Bros. trader eyes AI potential with VC bets.

Broadridge Expands Disclosure Capabilities to Help Clients with Complex SEC Filings

Acquires CompSci, a Web-based, collaborative platform for SEC disclosure preparation, XBRL tagging, and EDGAR filing; platform simplifies disclosure complexities with both managed and self-service capabilities

Robinhood Acquires AI-Driven Investment-Advice Platform Pluto

The artificial intelligence research platform is best known for its AI-driven personalized investment advice and real-time analytics.

Citi accused of attempting to implement AI on the back of Excel spreadsheets

Business Insider's article on the technology challenges at Citi's wealth business suggests that Citi might be one of the organizations whose data is in disarray.

Advisor360° Rolls Out Full Integration with FMG to Make Marketing More Efficient for Wealth Managers

FMG’s comprehensive marketing suite transforms how advisors communicate with clients and prospects, offering a single, centralized hub for engagement

Real-World Assets And Layer 2 Solutions: Redefining Wealth Management In The Digital Era

These digital tokens operate through smart contracts, enabling fractional ownership and integration into the decentralized financial ecosystem.

Banks grab AI-generated tiger by the tail

All the people and time spent churning out and sifting through documentation adds up to huge amounts of money.

US RegTech Norm Ai raises $27 million

The firm says the technology enables compliance professionals to evaluate and finalise content against regulatory requirements in minutes, not days.

US sanctions leaders of software firm Kaspersky, bans sale of its antivirus

US says Russian firm poses national security threat

How control test automation aids asset managers

CTA can enable regular and even continuous testing of controls using full populations of data in a tiny fraction of the time that it would take humans to test a small sample of data.

Wealth managers seek broader tech themes

The technology sector has been prone to herding and bandwagon effects in the past

AI Could Displace More Than 50% Of Banking Jobs, According To New Citigroup Report

GPTs have the potential to transform entire economies, changing the way we live and work.

Point72 AM to launch $1bn AI-focused hedge fund

Unlike Point72’s main market-neutral fund, this new vehicle will have a more flexible investment approach, potentially holding some longer-biased positions that are not typical in the main fund.

MicroStrategy Buys $786 Million More in Bitcoin With Note Proceeds

The move to buy up Bitcoin has propelled the share price of MicroStrategy

Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments

The report highlights that younger affluent individuals are considerably more inclined to invest in cryptocurrencies compared to their older counterparts.

Ex-Goldman Sachs MD: AI will eliminate junior coders by 2028

Kwame Nyanning was global head of design for the firm's asset and wealth management division from 2022 to 2024, based in London.

Transaction Network Services to Provide Order Routing and Market Data for Broadridge’s Global Futures and Options Platform

Clients benefit from simplified market data management, reduced operational risk and implementation costs, and improved time to market for FCMs

FinTech