

But most in the wealth management industry are nevertheless making preparations in the event the rule (announced this past spring and to be rolled out next spring) is kept. The Trump election victory, accompanied by Republican control over both houses of Congress, may make this rule irrelevant.

The biggest potential regulatory change is the Department of Labor rule that financial planners must act as fiduciaries. With 2017 just around the corner, what trends are likely to drive innovations in wealth management technology, aka wealth tech? Wealth management technology provider eMoney Advisor, pictured here at FinovateFall, was acquired by Fidelity Investments in 2015 for $250 million. TickerTags helps users discover trends even before they become news These are online platforms that help users discover news and market trends before they go mainstream. With Motif, uses invest in grouped stocks and ETFs that revolve around a common theme These are platforms that link participants to unconventional investment types, such as private equity, hedge funds, futures, real estate, etc. Scalable Capital, United Kingdom ( FEU16).SigFig has partnered with multiple banks, including Wells Fargo, Pershing, and Citizens Bank Business Insider reports hybrid roboadvisers will manage 10% of all investable assets by 2025. These are traditional advisory services, including personalized conversations and actively managed portfolios blended with computerized portfolio recommendations. These are online platforms that provide automated, algorithm-based portfolio management without intervention from human advisers and without personalized, one-on-one conversations with a human adviser.Īcorns takes a unique approach by linking a user’s debit card and investing their “spare change” Deustche Bank’s Anlagefinder (‘Investment Finder’ in English).Charles Schwab’s Schwab Intelligent Portfolios.These are offerings from traditional wealth management firms that have been built in-house (or purchased and then white-labeled) and marketed under the firm’s brand. Top in-house builds from traditional players Since category sizes vary, the number of our selections also vary. Since wealthtech is broader than just roboadvisers, we’ve divided B2C wealthtech players into seven categories and laid out our top picks for each group. Today we’re taking a look at industry players with B2C offerings-in other words, companies that market directly to consumers and not through businesses. We looked at the industry last week and reviewed the top trends earlier this month. Our wealthtech industry coverage continues this week.
