Advisory & Brokerage

A research report by Wealth Dynamix and Compeer has provided insights into how front office professionals view the client lifecycle management process.

The Covid-19 pandemic transformed the wealth management sector and firms are looking to accelerate their digitalisation efforts to stay competitive. Wealth Dynamix has outlined an easy six step guide to support a firm’s digitalisation effort.

Crush Capital, which hopes to democratise access to investment opportunities, has scored $2.75m in its fresh funding round, to support its new upcoming streaming series.

FinTech platform that helps individuals connect with financial advisors SmartAsset secured a $110m investment in a Series D round led by TTV Capital that takes SmartAsset’s valuation to more than $1bn.

Global stockbrokers, neobankers and financial institutions are all slowly onboarding crypto into their asset portfolio and it's probably a matter of time before WealthTechs do the same, according to analysts.

Lab49, a consultancy firm for banks and financial services providers, has completed an employee-led GoFundMe page to help purchase oxygen concentrators for colleagues in India.

Wealth management technology platform Addepar has closed its Series F round on $150m, at a pre-money valuation of $2bn.

Flanks, a B2B WealthTech platform aimed at improving investor management capabilities, has reportedly scored €2.3m in a funding round.

Digitalisation is no longer a niche innovation project. When it comes to client’s financial relationship management, it should be an essential part of a firm’s business strategy to survive this decade, says Uday Nimmakayala, CEO and Founder at WealthObjects.

With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.