Adviser links: success rates
Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at...
In recent advisortech news, Altruist has launched an AI financial planning agent, marking a step towards more automated services in the industry. Meanwhile, Charles Schwab has decided to sell Forge Global to Alto, reflecting a strategic shift in the brokerage landscape. Betterment is also eyeing Fidelity's custody castoffs, indicating a competitive move in the wealth management sector.
Your custodian may no longer be seen as a mere vendor but as a potential partner, offering a more collaborative relationship. Additionally, platforms like XY Planning and Altruist are expanding their offerings, with the latter adding donor-advised funds to their platform. The SEC has been scrutinizing RIA examinations, focusing on certain aspects of their operations.
Aspiring financial advisers are also expressing their thoughts on AI, highlighting the evolving landscape of the profession. Overall, the advisory industry continues to adapt and innovate, incorporating new technologies and business models to better serve clients.
Written by urgent.news from Abnormal Returns's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
