Managers of Wealth Americas

America First Credit Union picks Loquat for small biz member onboarding

The partnership will equip small business owners with time-saving mobile solutions to make it easier, faster and more secure to run their business

Intuit to cut 10% of workforce amid plans to boost investment in “key growth areas” such as AI

The firm is also planning to close two of its sites in Edmonton and Boise, which have over 250 workers, “with a certain number of employees relocating to other sites within Intuit or leaving the company”.

Envestnet 2024 Advisor Survey Highlights What's Top Of Mind For Advisors As They Future-proof Their Business

Opportunities Include Offering Holistic Advice, A Fee-Based Future, All-In-One WealthTech, And Tackling The Organic Growth Imperative

Bain Capital close to sealing deal to buy Envestnet, sources say

More recently, in April, Reuters reported that Envestnet was once again contemplating a sale, which led to a surge in its share prices.

Broadridge Named a Luminary in Reconciliation Systems by Celent

Celent defines its ‘Luminary’ designation as excelling in solution capabilities and for having a leading market presence.

Ecommpay partners with PayPal for subscription payments

They can also make changes, track payment history, and handle cancellations.

Netevia secures up to $120m in debt financing from WhiteHorse Capital

The company says the new funding “consists of various debt facilities designated to complete key acquisitions, rollout new products and execute on strategic initiatives”.

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.

FinTech