How New Tech Can Help Wealth Management
Wealth tech companies need to find ways to simultaneously increase operating margins while also improving client experience.
Recent
Digital banks gain U.S. customers during pandemic, thanks to early deposits
Digital banks including Chime, Varo and Current have won over more U.S. customers during the pandemic by processing stimulus payments quickly.
Plaid without Visa? It might be a blessing in disguise
Visa’s agreement to acquire Plaid kicked off 2020 last January by validating fintech’s blockbuster value, and was followed by a flurry of M&A activity
Profitability ‘a challenge’ for advice tech businesses
Despite a booming broader fintech industry, businesses centered around wealth and advice are struggling with profitability and scale.
Wealth Management Tech Platform Addepar Acquires RCI to Assist Clients with Making More Informed Investment Choices
Addepar has acquired Real Capital Innovation to offer its clients tools to model and analyze portfolios in a forward-looking way.
Pacific Premier Trust to Convert Wealth Business to SEI Wealth Platform
SEI announced that Pacific Premier Trust, a division of Pacific Premier Bank, will convert their wealth business to the SEI Wealth Platform.
SoFi to go public in merger with Chamath Palihapitiya’s newest SPAC
Consumer financial services startup SoFi is going public via a merger with special purpose acquisition company Social Capital Hedosophia Holdings Corp
