Managers of Wealth

WealthOS closes £4m seed round with Barclays & Main Set

This funding news follows the announcement that WealthOS had released cloud-native and API retail pensions (SIPP) technology

Avaloq and BLKB take stakes in St. Gallen investment app

Avaloq will also integrate the Kaspar& investment app into Avaloq’s Core platform.

Former Barclays CPO Megan Caywood Cooper launches AI wealthtech

Cooper described the startup as wealthtech platform and product that uses AI to provide financial guidance that personalised in real time.

St James’s Place uses AI to spot and help ‘vulnerable’ customers

Move by UK’s biggest wealth manager reflects increasing scrutiny of sector by financial watchdog

Bank WIR is pushing private customer business with a price-breaking offer

Bank WIR has been known for decades in the private customer business for its consistently first-class conditions on its savings and pension plans – now the Swiss cooperative bank is declaring war on hidden fees in everyday banking with a free offer.

Parmenion adds PortfolioMetrix, Elston Portfolio Management and Quilter to adviser platform

PortfolioMetrix builds portfolios that ‘fly in formation’, achieved by the firm applying consistent risk measures with an asset allocation first approach.

Objectway. AI changes the relationship with banks and consultants

The integration of artificial intelligence and process automation into wealth management can undoubtedly streamline advisors' workflows

London-based WealthOS raises €4.6 million to accelerate digital adoption within the wealth management industry

WealthOS will use the investment to further develop its platform, increase distribution and scale the organisation to support its strong client pipeline.

Bitpanda expands partnership with Deutsche Bank

Deutsche Bank already supports the operational needs of Bitpanda as its European Hausbank for cross-currency solutions in Austria and Spain.

Millennial wealth building platform Belong launches in the UK

The loan incurs a 5% to 6% fixed interest rate with a minimum £1,000 commitment to be paid in separate monthly instalments.

BlackRock’s $20B ETF Is Now the World’s Largest Bitcoin Fund

The iShares Bitcoin Trust has attracted the greatest inflow since going live, $16.5 billion, while investors have pulled $17.7 billion from the Grayscale fund over the same period.

Swissquote Joins Forces with Zurich Fintech for Structured Product Mission

Swissquote's B2B clients can now issue their own AMCs through a fully digital process.

ABN Amro discloses data breach following an attack on a third-party provider

ABN AMRO is going to contact the impacted clients and notified the Dutch Data Protection Authority and regulators.

Hybrid Advice creates opportunities, but also Client Retention problems

Gen AI as a client engagement solution has the potential to change the way a personalized fact-find

The future of investing: Velexa’s role in shaping accessible wealth management

New technology and access to financial education is helping to bolster the democratisation of investing.

FE fundinfo acquires wealth management fintech Dericon

The deal, which still awaits regulatory approval, will grant FE fundinfo’s clients direct access to one of Germany’s largest distribution networks for asset managers.

BTG tight lipped on digital banking growth

But Brazil’s BTG Pactual is seemingly swimming against the tide by remaining tight-lipped about the growth in its digital retail banking business.

Quarter of asset managers use AI in sustainability process

The survey spoke to 60 asset managers from around the world, representing £31.9tr.

Man versus machine

Swiss wealth managers share different perspectives on passive bond funds.

HSBC unveils innovation programme for PB clients

The bank’s wealthy clients met California tech hub leaders as part of its “All-in on Innovation” scheme.

FinTech