Managers of Wealth

UBS Shuts Down Robo-Adviser “Advice Advantage”

The exit follows industry trend as major firms retreat from unprofitable automated investing platforms

Citi Services launches PayTo initiator for institutional clients

The bank’s clients can initiate account-to-account payments from the service.

How Generative AI Is Revolutionizing The Wealth Management Industry

A recent survey indicates that a significant majority of wealth management firms are planning to increase their investments in AI-driven solutions in the coming years.

Broadridge Announces New Patent on Large Language Model Orchestration of Machine Learning Agents

These patented methods and systems are behind BondGPT, Broadridge’s award-winning GenAI application first demonstrated in the market in the LTX e-trading platform, a Broadridge subsidiary.

ROYC Acts as the Structuring and Financial Technology Partner for Riverside for European Wealth Access Fund

The firm's international private equity and structured capital portfolios include more than 140 companies.

Addepar secures $230M in series G funding

Investment platform Addepar raises $230m in a Series G round led by Vitruvian Partners and WestCap.

Pictet Technologies opens a new financial tech hub in Lisbon

This new hub will contribute to Pictet's ongoing digital transformation, leveraging Portugal's vibrant talent pool and strategic location for advanced software services.

Digital resilience: How wealth management firms are partnering for performance amid volatility

In this environment, wealth management firms and advisors are exploring — and in some cases, expanding — relationships with third-party tech-based platforms to differentiate themselves in an increasingly competitive marketplace.

iCapital Will Acquire Citi Wealth’s Alternative Investments Feeder Platform and Will Also Provide an End-to-End Technology Solution for All Alternative Investment Structures

iCapital will also assist with global sales and service enablement through a team dedicated to Citi Wealth to support the growth of Citi’s alternatives program

Avenir releases ChatGPT for wealth management firms

This creates a unified data ecosystem, giving AI access to both firm-specific data and industry insights.

Temenos community comes together in Madrid to lead the way in banking innovation

Over a thousand attendees will gather at TCF ‘25 to explore Generative AI and other next-gen technologies transforming banking

Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave

Arbra launches tech-focused private market fund

Asset management group unveils its first High Conviction Private Markets Basket, targeting late-stage private tech firms poised to shape the future economy.

Software expert: How AI can help financial advisors

By analyzing historical data and identifying patterns, AI provides insights that can be incorporated into investment strategies and risk assessments.

Growing Need for Operational and Cyber Resilience Dominates Concerns Among Financial Services Industry

Outdated legacy systems leaving firms vulnerable to mounting cyber risks, according to Broadridge

GBST unveils enhanced WealthConnect platform to help advisory firms scale and streamline operations

The latest upgrade delivers a suite of innovative features designed to streamline advice production, reduce operational costs, and help firms scale effectively amid growing regulatory demands and rising client expectations.

HK digital banks to expand wealth services after 74% deposit growth

None of the digital banks have reported a net profit, though their losses have narrowed.

ADDX Partners with Franklin Templeton and Lexington Partners on Secondaries

Through the partnership, ADDX will offer access to a globally diversified secondaries strategy

IFGS 2025: Is it time for wealthtech to take the stage?

French noted that there is merit in keeping things simple

Plotting the future of AI in wealth and asset management

From high-frequency trading to robo-advisory services, AI is transforming financial decision-making at an unprecedented pace.

FinTech