Advisory & Brokerage

Client reporting is one of the most important and complex types of communication in the financial industry. As firms up their investment in technology to improve this, it’s important to understand how the wealth management industry is evolving and how to get your client reporting communications right.

Quantifeed, which claims to be Asia leading digital wealth management solution developer for financial institutions, has closed its Series C round on an undisclosed amount.

Tumelo, which claims to enable investment platforms and pension providers to engage with investors, has reportedly raised $19m in its Series A.

Digital asset trading technology developer Talos has joined the unicorn club, following the close of its Series B on $105m.

Canada-based OneVest, an embedded wealth management platform, has collected CAD 5m ($3.8m) in a venture funding round.

Responsive, a FinTech company that leverages machine learning to help financial advisors to better serve and engage investors, has raised C$3.5m in a Series A funding round led by Co-operators.

FundGuard, an AI-powered investment management and asset servicing platform, has closed its Series B funding round on $40m.

Ellevest, a financial company on a mission to help women build wealth, has raised $53m in Series B funding.

The Royal Bank of Canada (RBC) is to acquire UK-based wealth management firm Brewin Dolphin.

Traditionally, wealth management has been for the wealthy. The average Joes and Janes have often been skipped out on by big wealth managers due to little revenue incentive to capture that market.