Welcome to the 32nd 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 25th to December 1st, features 21 market developments.
- Charles Schwab agrees to buy TD Ameritrade for US$26 billion (Weblink)
- CITIC launches robo advisor in Hong Kong codeveloped with Quantifeed (Weblink)
- Dynamic Planner working with MSCI to offer 10 risk-targeted benchmarks (Weblink)
- Embark hires former COO of 7IM to lead its Advance platform (Weblink)
- FCA research finds 57% of investors reject rob advice (Weblink)
- Finantix opens office in Australia (Weblink)
- Franklin Templeton invests in Embark and helps fund Zurich platform deal (Weblink)
- Halofina gets pre-series A funding from Mandiri Capital Indonesia and Finch Capital (Weblink)
- Hathaway Investment Management takes three additional modules with IMVS (Weblink)
- Indigita appoints new CEO (Weblink)
- Kleinwort Hambros creates Head of Digital role as it moves to launch new App (Weblink)
- Kurtosys names Lee Godfrey as board adviser (Weblink)
- Microgen and Touchstone to merge (Weblink)
- MoneyLion names its first COO (Weblink)
- Nucleus adds trading functions to adviser platform (Weblink)
- Nucoro targets insurance market with digital offering (Weblink)
- Pascal Financial working with Privé Technologies for new digital platform (Weblink)
- Rerbium introduces a waitlist for its UK market launch in 2020 (Weblink)
- Sionic opens a Geneva office as part of expanding its Swiss practice (Weblink)
- The UK’s Investment Association unveils first cohort of FinTechs for Birmingham hub (Weblink)
- UBS and Credit Suisse to use tech to support reaching lower value clients (Weblink)
