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Wealthfront Revs Up With AI, But Is Still Running on Fumes

Wealthfront Revs Up With AI, But Is Still Running on Fumes

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 […]

Dead Robo Walking: Why Wealthfront is Doomed

Dead Robo Walking: Why Wealthfront is Doomed

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 […]

MMI Fall 2015: Conference Summary – Day 1

MMI Fall 2015: Conference Summary – Day 1

Posted by on Oct 26, 2015 in Conference Summaries

It is already a month into Fall, but you would never know it from the weather in midtown Manhattan today.  It was 75 degrees and sunny.  Unfortunately, I wasn’t able to go outside and work on my tan since I was busy attending the Money Management Institute’s 2015 Fall Solutions Conference at the Grand Hyatt Hotel. The […]

5 Reasons Why the Envestnet Acquisition of Yodlee Was Brilliant

5 Reasons Why the Envestnet Acquisition of Yodlee Was Brilliant

Posted by on Aug 15, 2015 in Industry Analysis, Technology

In case you’ve been living under a rock for the past week, Envestnet shelled out almost $600 million to purchase data aggregator Yodlee.  The reverberations from this deal are still making their way across the industry. After spending about a year talking about licensing deals and partnerships, Envestnet CEO Jud Bergman came to the conclusion that Yodlee’s […]

Current Trends in UMH Programs & Technology

Current Trends in UMH Programs & Technology

How have Unified Managed Households (UMH) been evolving in wealth management?  What are the essential elements of UMH?  Which segment of the industry has been leading with new UMH feature deployments? These questions and more were discussed during a panel session at the 12th Annual Managed Account and UMA Summit, organized by Financial Research Associates, […]

Top 10 Most Popular Posts from 2013

Top 10 Most Popular Posts from 2013

Posted by on Jan 6, 2014 in Industry Analysis

What were the most popular WM Today posts from 2013?  Portfolio rebalancing, financial planning and anything mobile were big draws last year.  Here are the top 10 according to stats from WordPress: 10. 5 Ways a Web Portal Can Excite Your Clients This summary from the fantastic Technology, Tools & Today (T3) conference highlights how software […]

Financial Planning in 10 Minutes or Less with goalgamiPro

Financial Planning in 10 Minutes or Less with goalgamiPro

Posted by on Sep 4, 2013 in Financial Planning

Origami is the Japanese traditional art of paper folding and is made up of two smaller words; “ori”, meaning to fold and “gami” meaning paper. goalgamiPro (which starts with a lowercase ‘g’) is not an ancient art form, but the name of a software product developed by Advisor Software Inc. (ASI).  It is designed to […]

Adventures in Rebalancing: The Last Frontier

Adventures in Rebalancing: The Last Frontier

Posted by on Jul 24, 2013 in News, Portfolio Management

FA Magazine recently published a good primer on automated solutions for portfolio rebalancing. The article is titled The Last Frontier and was written by James Picerno and it is definitely well-researched. He managed to obtain quotes from industry experts such as Bill Winterberg, Joel Bruckenstein and Michael Kitces, all of whom I have tremendous respect […]

Inside the Minds of Barron’s Top Financial Advisors

Inside the Minds of Barron’s Top Financial Advisors

Posted by on May 10, 2012 in Conference Summaries

This is a summary of a panel from the Fiserv Client Conference Spring 2012, which was held in Las Vegas, NV. Moderator: Sterling Shea, Managing Director, Head of Advisory & Wealth Management Programs, Barron’s. Panelists: Ed Dollinger, Edward Jones, 26 years – manages $500 mm Theresa Chicopolos, CFP, Wells Fargo, Scottsdale, AZ, 26 years – […]

Empowering Consumers in the Digital Age – Part 2

Empowering Consumers in the Digital Age – Part 2

Posted by on May 8, 2012 in Conference Summaries

This is a summary of a panel session from the Fiserv Spring 2012 Client Conference and is part 2 of a two part series.  You can read Part 1 here. Moderator: Don MacDonald, Executive VP & Chief Marketing Officer, Fiserv Panelists: Benny Higgins, CEO, Tesco Bank Jonathan Carson, CEO Digital Nielsen – leads their digital business since they acquired his company, BuzzMetrics, […]