Eyeing equity awards and a need for financial advice, Morgan Stanley builds on its wealth management business through workplaces.

Schwab said it's been cooperating with the SEC's inquiry into its Schwab Intelligent Portfolios robo advisor product.

Robinhood's public filing comes one day after it was a fined a record $70 million by FINRA.

Machine learning and artificial intelligence updates also play a role.

The FINRA penalty includes a $57 million fine and a demand that Robinhood pay about $12.6 million to wronged customers.

More than 220 firms and organizations were selected as finalists in one or more of the 93 categories for the 2021 WealthManagement.com Industry Awards.

The digital wealth management platform improved its user interface in a 'major update,' according to the firm.

Envestnet plans an emphasis on financial planning in the coming year, including insurance, estate planning and lending services connected through MoneyGuide.

The acquisition follows JPMorgan’s recent takeover of 55ip, a fintech that focuses on helping investors cut their tax liabilities.