From almost the very beginning, Riskalyze has had the look and feel of a winner. Which can mean only one thing for the financial services startup: The venture capitalists were circling. “We had tons of inbound emails and tons of inbound phone calls. It was constant,” Riskalyze CEO and founderRead More
Post Tagged with: "Wealth Management"
We’ll say this: virtual reality trading looks cool. Citigroup released a video earlier this week that shows the potential (tremendous) power of virtual reality to present data for trading. The example used is a trader at a workstation with a massive monitor — the technology could equally be used with mobile devices —Read More
Digital advisory — a.k.a. robo advisory — is a trend to “watch closely,” according to Kate Randall Danella, Regions Bank’s newest head of private wealth management. But adoption by the bank is likely years away. It’s a space we are watching closely and having conversations now. We look into howRead More
Last week featured an attractive amalgam of startups varying in their sectors of innovation, but this week we can speak more candidly. Want to rule the world? Do you have a few friends who feel the same way? Follow along and you may extend your future-perfect Legion of Doom’s reach toRead More
Last week we observed an upsurge in collaborations between startups and financial institutions, but this week is all startup glory. There are some old pros still doing us proud with 9-figure rounds, like Affirm, but a major Korean vital force is not far behind, in the form of e-commerce and seriously chillRead More
This week, we have a group of startups united in their mutual conviction that 20-and-younger-somethings need not leave their financial situation to the vicissitudes of an indifferent fate. Starting from the macro and moving to the micro, today’s list takes us on a journey beginning with the plight of the genius-quant,Read More
JP Nicols, himself a veteran of the wealth management space, discusses innovation in wealth management on this week’s episode of Breaking Banks. He speaks to Jay Shah of Personal Capital, Derek Corcoran of Avoka, and Eric Matteson of Finovate.
Digital wealth management requires willingness to change the current comfortable and seemingly safe business practices. The truncated message from the myth of Icarus, is that it is dangerous to fly high; but the forgotten message is more important for Wealth management: “It is equally dangerous to fly low”. ItRead More
The rush from major ETF producers to slash fees follows religiously Vanguard’s lead. The natural urge from Robo-advisors to slash fees will undoubtedly lead them to partner with Robinhood. The next big move from Robo-advisors will be towards real-time settlement. Eric Balchunas, Bloomberg Intelligence analyst, insightfully pointed out that theRead More
Ed Note: We produce content that engages our community. Words are beautiful pigments to paint a picture. To paint pictures that are worth a thousand words, we take into consideration the busy lives of the professionals who come to Daily Fintech, and we look into non-text alternatives. We also think you mightRead More