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FundFire: 3 Reasons Most RIAs Unprepared for CyberSecurity Threats

FundFire: 3 Reasons Most RIAs Unprepared for CyberSecurity Threats

Posted by on Oct 18, 2016 in Technology

This year has seen some of the most high profile hacking attacks in the Internet age.  You would think that the near daily distribution of politicians’ emails would be enough to spur firms to increase their efforts to shore up their electronic defenses. But this has not been the case. While a recent study by the Financial Planning Association shows that cybersecurity […]

How the RoboAdvisor Renaissance Pushed the Industry Out of the Dark Ages

How the RoboAdvisor Renaissance Pushed the Industry Out of the Dark Ages

Posted by on Jul 9, 2016 in Conference Summaries, Technology

While B2C robo advisors have yet to reach asset levels that could threaten traditional advisors, their innovative technology has been spurring firms to revamp their online presence.  A Roboadvisor Renaissance has spread across the formerly stodgy wealth management industry.  Legacy technology vendors are rushing to revamp their user interfaces and add automated investment offerings to meet a […]

How Yodlee’s Predictive Analytics Can Power Envestnet to Revolutionize Financial Advice

How Yodlee’s Predictive Analytics Can Power Envestnet to Revolutionize Financial Advice

Posted by on Jun 22, 2016 in Technology

When Envestnet acquired data aggregator Yodlee in mid-2015 for $590 million, mixed feelings and heated opinions were flying high. Some felt that this was a brilliant move that would augment Envestnet’s capabilities. Others frowned on the transaction citing the 50% premium as unreasonable and anticipating integration issues. A year after the deal was announced, how is the power couple faring? Better […]

How to Avoid Disaster When Choosing a Wealth Management Platform

How to Avoid Disaster When Choosing a Wealth Management Platform

Posted by on Mar 17, 2016 in Industry Analysis, Technology

What’s the best way to select a new wealth management platform? This is a question that I am asked constantly by clients. Everyone seems to have a horror story about the time they went through this process at some time in their career. The downside of living through this nightmare is that you rarely get a second chance to […]

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 […]

5 Things You Can Learn from the 2016 T3 Advisor Conference

Posted by on Feb 14, 2016 in Conference Summaries, Technology

Industry conferences are like cramming for a test when you were in school.  You have only a few days to stuff as much information as possible into your head and hope you remember one or two key points to when you get back home. The 2016 T3 Advisor Conference, which was held this year in […]

7 Key Trends from the TD Ameritrade Conference – Day 2

7 Key Trends from the TD Ameritrade Conference – Day 2

Posted by on Feb 7, 2016 in Conference Summaries, Technology

TD Ameritrade’s annual advisor conference always provides an interesting glimpse into future trends in financial technology. The firm’s agnostic approach to technology means that its advisors have access to a wide variety of established and emerging solutions. National LINC 2016 brought a wide range informative and entertaining sessions.  Digital channels, social media and tech tips from […]

How a Snapchat RoboAdvisor Could Rock the Industry

How a Snapchat RoboAdvisor Could Rock the Industry

Posted by on Jan 31, 2016 in Industry Analysis, Technology

Social media has changed the way people interact with each other and how they receive and consume information. Is the next step changing the way they invest? Robo-advisors have become a hot topic in the investment industry recently. Social media messaging service Snapchat is even rumored to be building a robo-advisor service of its own. Could a […]

T3 Enterprise: Best Tweets of the Conference

T3 Enterprise: Best Tweets of the Conference

What can you do if, like me, you were unable to attend this year’s T3 Enterprise Conference?  If you were too busy to make it to the Bonaventure Resort & Spa, right outside of beautiful Fort Lauderdale, FL?  If you missed hearing some of the industry’s leading vendors announce their new product offerings? Don’t worry, there’s […]

Smart and Agile: Riskalyze and Quovo Help Advisors Stay Ahead of Robos

Smart and Agile: Riskalyze and Quovo Help Advisors Stay Ahead of Robos

Posted by on Oct 2, 2015 in Industry Analysis, Technology

In this age of the cheap and fast robo-advisor, traditional advisors have to be smart and agile to win new clients and score more asset management opportunities. These advisors will need intelligence. That’s where data aggregation comes in. With the deeper and more meaningful insights “big data” can provide, advisors can get the edge they […]