News > Wealth Management, FinTech

Advisor Software Launches Behavioral IQ, First-Of-Its Kind Behavioral Finance Risk Assessment Solution
Behavioral IQ enables advisors to truly understand their clients’ personalities and risk tolerance to make more intelligent investment selections WALNUT CREEK, Calif. – June 27, 2017 – Advisor Software, Inc., a leader in wealth management cloud solutions, today announced the immediate availability of Behavioral IQ, a first-of-its-kind comprehensive behavioral finance profiling solution that calculates deep behavioral characteristics influencing risk and
Robo-Advice Firm 8 Securities Reveals Second Japanese Service
The firm behind Japan's first robo-adviser for retail customers has launched a product available entirely on smartphones and tablets. In 2015, 8 Securities launched its “8 Now!” service, which it describes as Japan's first robo-adviser. Its new service, Chloe, will allow users to complete the investment process solely on its mobile app. Customers will get exposure to a tailored portfolio
4 Ways This Fintech Startup Is Disrupting Financial Planning
Among the more established fintech sectors is customer-relationship-management (CRM) software for financial advisors. Legacy players have long dominated the space, but fintech upstarts are starting to respond to the changing needs of consumers of financial advice and the financial advisors that offer it. What’s new in the fintech space is tech that connects savvy investors and consumers of financial planning
Sheila Bair joins 401(k) fast-growing robo-advisor Blooom
Sheila Bair is joining Blooom as its first advisory board member. Blooom is a fast-growing robo-advisor for 401(k) investors based in Kansas. It reports that it has advised on $300 million on assets in the past 20 months, faster, it claims, than Betterment or Wealthfront. Blooom has engaged in an unconventional marketing campaign, offering to give potential clients a burrito
‘Manus x Machina:’ What investors can learn from the new fashion exhibit at the Metropolitan Museum
Wealth managers are struggling to understand the meaning of the rise of the robo-advisor. Is it friend or foe? Competitor or partner? The newest fashion exhibit at The Metropolitan Museum of Art in New York may help everyone frame their thoughts on this hot topic. “Manus X Machina” takes on the battle of man vs machine in the world of fashion by
Robo-advisor technology may outlast robo-advisors
It is almost universally accepted that the future of finance belongs to robo-advisors but recent developments have challenged that idea. While startups like Betterment and Wealthfront have been good at grabbing headlines, the same cannot be said when it comes to market share. This is largely thanks to the competing services being launched industry incumbents. WealthManagment.com reports: "[...] In the year since established
Can Wealthfront's revamp help it pull ahead of competitors?
For a while Wealthfront had been lauded as one of fintech's hottest new kids on the block, making traditional wealth managers lose sleep. But now the landscape is changing and the robo-advisor is looking more like an underdog in an increasingly crowded space full of scrappy startups and newly tech-savvy incumbents. Two weeks ago it made its latest effort to stand
Asset managers may find high net worth clients more inclined to take advantage of robo-advisors
Speakers at a recent  NexChange Fintech O-2-O Meetup in Hong Kong argued that robo-advisors are at a nascent stage of development and that they will complement rather than displace human asset managers. Indeed, another expert consultant reckons the fund management industry is emphatically embracing robo-advisors as a necessary tool in order to retain clients. They can’t be ignored and it
Video: 'Robo advisor' is for technophobes
April Rudin, founder of The Rudin Group, explains why she thinks we should lose the term "robo advisor:"  Technology should be an advisor's best friend.