Welcome to the 31st edition of our Wealth & Tech Weekly newsletter
A part of our Wealth & Tech Monthly newsletter process, this weekly newsletter provides a quick overview of the latest wealth management technology-related developments from across the sector internationally. This week's, covering November 18th to November 24th, features 28 market developments.
- Addepar surpasses US$1.7 trillion on its platform (Weblink)
- Alpha FMC buys cloud SaaS business Obsidian Solutions (Weblink)
- Appway partners with Salesforce and joins the Salesforce AppExchange (Weblink)
- Broadridge acquires ClearStructure Financial Technology (Weblink)
- Brinker Capital launches its One Wealth Life web platform (Weblink)
- Charles Schwab sees 31% monthly growth in trading accounts after 0% move (Weblink)
- Chinese tech-enabled wealth platform Asset Pro raises US$35 million in Series D (Weblink)
- Embark Group buys the Zurich platform (Weblink)
- Evoke Wealth selects RedBlack Software for rebalancing (Weblink)
- Fidelity Digital Asset Services authorised to operate crypto custody platform (Weblink)
- GPP opens office in Cheltenham (Weblink)
- iCapital Network partners with PIMCO to support advisor access to alternatives (Weblink)
- INDATA releases Architect AI Data Analytics for data aggregation and business intelligence (Weblink)
- Indonesia’s PT Bank Mandiri selects Avaloq to run wealth management business on (Weblink)
- JD Power study finds digital engagement drives client acquisition (Weblink)
- JP Morgan lowers account minimum and expands free trading for You Invest (Weblink)
- Julius Baer goes live with MarketAxess’ Axess IQ solution (Weblink)
- New Zealand’s Finzo selects JHC Systems’ Neon solution (Weblink)
- NexJ Systems launches NexJ Nudge AI next best action digital assistant (Weblink)
- PhillipCapital integrates with IRESS for global equities and ETF trading (Weblink)
- Prometeia enters the Swiss market (Weblink)
- Questrade applies for banking licence (Weblink)
- Robinhood plans to offer free stock trading in the UK (Weblink)
- StashAway launches cash management portfolio (Weblink)
- TradeStation Group launches TradeStation Crypto brokerage platform (Weblink)
- Wealthinity launches in UK to support advisers (Weblink)
- WealthSpire Advisors launches hybrid platform powered by Schwab (Weblink)
- Wrapcompare launches in the UK to help advisers compare platforms (Weblink)