UBS Plans Digital Investment Advice For Americans With Up To $2 Mln – Wealth Tech Digest #72
✅ UBS Plans Digital Investment Advice For Americans With Up To $2 Mln For today’s digest, Swiss bank UBS (UBSG.S) wants to build a digitally scalable advice model for affluent clients in the Americas with up to $2 million to invest. As part of its new 2025 strategic vision, the bank intends to provide wealthy […]
Towards Optimal AI-Based Wealth Management – Bambu Digest #66
✅ Towards Optimal AI-based Wealth Management Today’s digest explores the various ways that AI technology is changing the face of wealth management in the UK and much of the world. One important theme in global wealth management is how banks and other institutions are developing the use of artificial intelligence (AI), automation, and machine learning. […]
MUFG To Launch Wealth Management Digital Platform – Wealth Tech Digest #65
✅ MUFG To Launch Wealth Management Digital Platform Today’s digest takes a closer look at how the Mitsubishi UFJ Financial Group is looking to augment its wealth management capabilities. The company has announced the development of the MUFG Wealth Management Digital Platform. The platform will be deployed in the second half of fiscal 2021 to […]
HSBC Enhances Digital Investment Solutions To Empower Millennials – Wealth Tech Digest #64
✅ HSBC Enhances Digital Investment Solutions To Empower Millennials Today’s digest is very interesting for millennials, as HSBC tries to ramp up its digital investment solutions to cater to younger investors. To encourage wealth building among millennial customers at an early age, HSBC has added several new solutions. These include $0 commission stock trading, wealth […]
Betterment Hits Unicorn Status Following $160 Million Raise – Wealth Tech Digest #63
✅ Betterment Hits Unicorn Status Following $160 Million Raise For today’s digest, Betterment hits new strides as it reaches the coveted unicorn status. The US-based digital wealth manager has raised $160 million in funding through a $60 million Series F and a $100 million credit facility. Because of this, it has surpassed the unicorn milestone […]
Wells Fargo Hires BofA/Merrill Digital Planning Specialist Varner – Bambu Digest #27
✅ Wells Fargo Hires BofA/Merrill Digital Planning Specialist Varner For our first digest, we take a look at how Wells Fargo & Co has made an interesting new hire — a Bank of America strategist. With this latest hire, Wells Fargo looks to add tools to help financial advisors have more planning conversations with customers. […]
MyVest Unlocks Greater Portfolio Personalization In Latest Release – Wealth Tech Digest #62
✅ MyVest Unlocks Greater Portfolio Personalization In Latest Release In today’s digest, we take a deep dive into MyVest, a leading provider of enterprise wealth management technology. Very recently, it announced a series of upgrades to its flagship Strategic Portfolio System™(SPS) platform. This latest release adds powerful automation that makes it possible to deliver greater […]
Revolut Is Rolling Out Commission-free Stock Trading In The US – Wealth Tech Digest #61
✅ Revolut Is Rolling Out Commission-free Stock Trading In The US For today’s digest, we take a look at how Revolut will soon offer commission-free stock trading to U.S. customers for the first time. The global fintech player is one of the most valuable fintech companies coming out of Europe with a valuation of $33 […]
MoneyLion To Go Public Following Deal With Fusion Acquisition Corp. – Wealth Tech Digest #60
✅ MoneyLion To Go Public Following Business Combination With Fusion Acquisition Corp. For today’s digest, it is official — MoneyLion will begin trading on the NYSE under the ticker symbol “ML”. MoneyLion Inc. is an award-winning, data-driven, digital financial platform. Recently, it announced that it has closed its previously announced business combination with Fusion Acquisition […]
JP Morgan Chase Buys College Financial Planning Platform Frank – Wealth Tech Digest #59
✅ JP Morgan Chase Buys College Financial Planning Platform Frank For today’s digest, JPMorgan Chase has acquired the college financial planning platform Frank, the bank announced in a press release Tuesday. The outlet allows students to access a streamlined application process for student aid. On top of that, it offers financial advice and a marketplace […]
