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Is BlackRock-Envestnet Deal a Tipping Point for Lite Financial Planning?

What's the best way to get financial planning functionality into the hands of more advisors? Standalone  applications, like MoneyGuide Pro and eMoney Advisor, or "lite"financial planning functionality built directly into wealth management platforms? This tug-of-war has been going on for the past few years and it looks as though we might have reached a tipping point. BlackRock …

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FundFire: Wells Fargo Data Leak Shows Risk Goes Beyond Hackers

(This article was originally posted on Fundfire) By Danielle Verbrigghe July 31, 2017 Wells Fargo's inadvertent release of sensitive client and advisor information last week illustrates the risks that financial firms can face from accidental data loss. Cybersecurity has become a growing concern for the wealth and asset management industry, as regulators have put the issue in …

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unified managed account programs

Can Client-Directed UMA's Help Defend Against Robo-Advisors?

"Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable." — William Pollard, Physicist The rate of change and innovation in the wealth management industry has been tremendous over the past few years. Technology-heavy, online registered investment advisors …

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