The Head of Asset Servicing, Americas at Northern Trust discusses the trend toward bringing investment decisions in-house. The reasons relate to fees, controls, efficiencies, and investment performance. Funny, isn’t it, since those sound much like the rationale for outsourcing?
Read MoreConsolidation continues to rise in the RIA industry. And further consolidation means trillions of dollars up for grabs.
Read MoreThe number of RIA firms is exploding. Organic growth is playing a role, but M&A is an even larger contributor to this trend.
Read MoreRobo-advisors were once all the rage in the world of fintech and digital financial services. But has the luster worn off?
Read MoreHedge funds have long been closed off to the average retail investor. But so-called “hedge funds for the masses” — pooled funds that use hedge fund-like strategies — had been growing in recent years. That is, until now.
Read MoreThe prevailing sentiment for years has been that tech tools in wealth management are primarily designed for the mass affluent. These are clients who don’t need to meet with an adviser regularly and can use automated digital services for much of their needs. But for high-net-worth clients, the human touch was still needed, the thinking went.exaggerated. Still, the old days of banks just plastering new branches everywhere as if they were billboards are surely over.
Read MoreIs Merrill Guided Investing the land where robots and humans exist happily side by side?
Read MoreWhile the wealthtech revolution has largely been centered around robo advisors and bringing more “entry-level” investors into the market, independent advisory firms have tended to focus on building relationships, advisor productivity, and other factors. But that’s all beginning to change.
Read MoreIn a deal with very interesting synergies, digital investing app Robinhood made its first-ever acquisition this week: for a millennial-targeted media firm called MarketSnacks.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
