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Articles tagged "Celent"


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Kelly Lynch: You've got spaghetti going in between the two.

US Bancorp venture uses $2.6-trillion running start in bid to become the supermarket-of-fund-supermarkets -- with analysts seeing threat to Pershing and other clearing giants

Using DOL rule as spur, the Minneapolis bank conjoins with hundreds of small IBDs with tantalizing promise of placing them on the same footing as the biggest self-clearing firms

October 17, 2017 at 10:45 PM

Brandon Krieg and Ed Robinson were a couple of trader dudes who noticed even colleagues in their business didn't invest.

As the 'finance Snapchat,' Stash rakes in another $40 million of VC funding as it onboards at rate of 1,000 new 'HENRY' investors every business day

Less than two years old, the New York-based startup raised $25 million in December and is part of a 'Robo II' movement that continues to crush 'Robo I' in terms of truly connecting with the masses

July 17, 2017 at 7:31 PM

Lowell Putnam: We've got the second-mover advantage.

Fidelity-owned VC pumps $10 million into Quovo, which staffs up and prepares for the big leagues

CEO Lowell Putnam plays on 'second-mover advantage' and gets raves from Steve Lockshin, Ron Carson and Marty Bicknell

May 30, 2017 at 6:09 PM

Noah Kerner: We respect what Wealthfront has created but Acorns has a very different customer and product roadmap.

As Acorns grapples with monetizing 1.1 million micro-accounts, the laid-back LA robo-advisor brings Wealthfront’s former chief exec onto its board

After this week's $1.3-billion Robinhood valuation, the sheer quantity of Acorn accounts may count for plenty in VC estimations

April 28, 2017 at 9:50 PM

Drew Sievers: We're the digital advice solution for FIS now and that's a really big deal.

After VC personally supplants CEO, Trizic raises $3.3 million, signs online octopus and begins to shed perception that it squandered a lead

Drew Sievers invested $1 million in the robo-advisor then took the place of CEO Brad Matthews, who admits it's been for the better as he became a father at 38

April 27, 2017 at 10:39 PM

Jon Stein, flanked by Maureen Thompson of CFA and Betterment associate counsel Seth Rosenbloom, marking the envisaged starting day of the DOL rule.

After putting big chips on DOL fiduciary rule, Betterment hosts funereal event to mark the April 10 Go Day That Wasn't

CEO Jon Stein sat shoulder to shoulder with CFP Board and Consumer Federation of America guests and held court with CNNMoney, Wall Street Journal and Consumer Reports reporters

April 13, 2017 at 6:50 PM

Lloyd Blankfein is channeling his inner Marcus to find a retail groove for Goldman Sachs.

As Goldman Sachs' badly kept secret about branding an advice robot leaks out, Goldman-watchers see contours of Lloyd Blankfein's grand if 'scattergun' virtual advice strategy take shape

The NYC investment bank's CEO may be saving the Goldman brand for last after smart beta ETFs, Honest Dollar, Motif and 'Marcus by Goldman Sachs' are up and running

March 30, 2017 at 7:20 PM

Neesha Hathi: This is a modern approach to financial planning and wealth management that mirrors what today’s consumers have come to expect in other aspects of their lives.

Schwab unveils its virtual future to plaudits but using green CFPs as its real people, mandatory 6% cash, could prove troublesome

Move to launch 28 basis-point Schwab Intelligent Advisory by summer checks all boxes on price, robo, planning, ETFs -- and commoditizes what RIAs sell for three times the fee

December 15, 2016 at 6:11 PM

Scott Smith: They're a late entrant but we're still early in this game.

Fidelity launches new robo as Schwab's hits $8.2 billion in assets

The Boston giant differentiates itself by its promise to keep cash holdings at less than 1% and in having a published fee -- albeit a floating one

July 27, 2016 at 4:06 AM

Elliot Shmukler is the first top-tier talent to leave Wealthfront.

Talent exodus hits Wealthfront including heads of product, marketing and compliance

Elliot Shmukler is credited with much of the product development that vaulted the robo from $150 million to $3.5 billion

July 26, 2016 at 10:08 PM

Tom Kimberly: Given the magnitude of today's news and the corresponding market reaction, we have elected to suspend trading during this initial period of increased volatility.

Betterment shut down trading post-Brexit to dodge 'trading blindly into extraordinary volatility'

The New York-based robo takes a 150-minute time-out saying to do otherwise would have been 'irresponsible'

June 24, 2016 at 7:08 PM

Bill Butterfield: I'm sure other wirehouses won't be far behind.

Why there's more to the UBS-SigFig deal than meets Sergio Ermotti's gimlet eye

UBS's New York and Switzerland C-suiters tromped through the San Francisco robo's digs for months before striking this bellwether deal

May 17, 2016 at 6:52 PM

Peter Intraligi: This is completely open architecture.

How exactly Invesco plans to get a return on its Jemstep robo purchase with a TAMP-evoking strategy

The $800-billion Atlanta money manager is trying a modern model portfolios play on buying distribution for a more prominent seat at the table

January 13, 2016 at 9:39 PM

Vanguard's arid Scottsdale, Ariz. plant, where most Vanguard advisors are stationed.

Vanguard's virtual RIA adds $10 billion in last six-month period, an acceleration to $1.6 billion per month of net new assets

Does Vanguard's Personal Advisor Services' zoom to $31 billion makes it a the 'single greatest threat' to classic RIAs?

January 12, 2016 at 10:40 PM

Mike Schroepfer is the latest Facebook add to Wealthfront's squad.

Wealthfront takes on another Facebook vet -- a clue that going dark in Palo Alto doesn't mean going away

The last-standing pure B2C robo hopes to outwit, outlast, and outplay its competitors by out-hiring them

December 3, 2015 at 6:15 PM

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