Articles tagged "Bill Winterberg"
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Fidelity is 'planning over the horizon' as its eMoney unit packages API accesses for sale to RIAs to private label their own planning 'experience'
The Boston giant jumpstarts a monumental opportunity to a post-application system, say analysts, even if it might hurt sales of the 'whole enchilada' eMoney product short-term.
August 31, 2024 at 2:53 AM
Barron's annual 'robo-advisor' tally rose to $1.1 trillion but with one huge caveat that draws harsh crticism from industry experts
First published by the Dow Jones weekly in 2018 with about $200 billion, the robo-advisor assets in the rankings soared 400% by 2024, swelled by a fungible definition that capture giant human RIAs.
August 22, 2024 at 5:04 AM
Stephen Chen completes $20 million raise; RIAs have found a niche use for his consumer-facing software -- never mind all those subscribers and enterprises
The founder of NewRetirement.com has a DIY approach that RIAs and enterprises are attracted to because consumers do much of the work
April 3, 2024 at 2:43 AM
Invesco snaps up RedBlack, not long after buying Portfolio Pathways and a few years after its Jemstep acquisition
The $1.3-trillion AUM Atlanta-based asset manager promises a 'digital' future, but skeptics question how it can work
December 16, 2019 at 10:56 PM
Wealthfront is again forced to disclose a bad mistake --testing how far the move-fast, break-things -then-apologize culture can go
The Redwood City robo issues erroneous 1099 data in 2017 that it just discovered. It happened around the time it dumped Apex.
October 19, 2019 at 4:13 AM
HiddenLevers' Raj Udeshi takes victory lap after nabbing Focus Financial account: 'We dropped a bomb in BlackRock's backyard;' But it's just a battle not the war, analysts say
The founder's analytics software firm had to beat out Aladdin but the reward is a doubling of assets and $1-million-plus contract
March 27, 2019 at 9:41 PM
After winning Merrill Lynch, FactSet CEO Phil Snow is challenging Big Data for downmarket RIAs, but convincing them to buy a box is an up-sell nightmare
FactSet scored its largest deal ever this August, landing the 15,000-strong Merrill Lynch wealth management arm; Next, CEO Phil Snow is targeting RIAs, but they'll be a much harder audience to undercut than the terminal-using crowd at institutions
September 12, 2018 at 8:08 PM
As Salentica settles into life as SS&C's fair-haired CRM, downsides of being a sheltered software child are also apparent, critics say
Black Diamond and Advent are still in reach but the firm's appeal to smaller fry in need of low pricing is more limited
May 15, 2018 at 5:26 PM
Downmarket Redtail hustles at 'crazy pace' to steal march upmarket as CRM rival Junxure wires merger and Salesforce relaunches as an off-the-rack product
The Sacramento-based CRM firm moves to 'Transaction Alley' in Atlanta from the Georgia 'burbs to attract urbane engineers
May 10, 2018 at 9:00 PM
Why exactly Northwestern Mutual bought a digital darling for $250 million, shut it down, orphaned its customers and declared progress
When the Milwaukee-based mega-insurer relaunches in six months, the one aspect certainly subtracted from the mix will be the cash-draining 8,000 mass market customers
May 9, 2018 at 9:23 PM
After Orion user conference, CEO Eric Clarke greenlights new software layer -- spearheaded by his general counsel
RIAs told horror stories to the Omaha software firm in Phoenix about SEC compliance -- encouraged by presentation by NorthStar's Kylee Beach -- and it fell on receptive ears this time
March 27, 2018 at 11:50 PM
After PayPal demurs, Michael Kitces and Alan Moore launch online payments firm for RIAs
Advisors and two Missoula, Mont. angels will fund AdvicePay for increased staffing to sell and service software so that advisors can do billable hours without triggering a custody audit
January 25, 2018 at 7:41 PM
Five RIA principals with $60 billion of combined AUM form ScratchWorks as 'publicity stunt' and serious effort to fund fintech startups
With Fidelity Investments as sponsor, Barron's hiring the hall and Marty Bicknell cracking the whip, an RIA 'Shark Tank' will bow in Orlando
November 3, 2017 at 10:09 PM
Talent exodus at MoneyGuidePro revealed by posting from Mount Kilimanjaro includes two Knulls
The big execu-shuffle may reflect influx of power players into the business of financial planning software -- perhaps hottest of RIA technology categories
April 7, 2017 at 8:03 PM
Framing it as a wildly disruptive 3,300-basis-point fee on de novo revenues, Joe Duran's United Capital digital reboot is apparently raking in RIA assets and revenues
The charismatic CEO's launch of FinLife Partners -- with unabashed Fidelity support -- is in effect selling revenues to advisors but taking a risk on their success
