Portfolio Connect, Schwab Advisor Services' portfolio management platform for new RIAs, surpassed 1,000 users.
The deal will bring information security and cybersecurity expertise to a leader in communications compliance technology.
One advisory firm is already seeing the efficiencies that come from the agreement between fee-payment-processing firm AdvicePay and LPL.
Raisin will initially build out its own network of U.S. bank partners, but advisors and other intermediaries could soon follow.
The move will help RIAs integrate insurance offerings into their existing investment and advice services.
Seeing an opportunity to capitalize on aggregation demand, Plaid is trying to make it easier for financial institutions to join open data access networks.
It’s the latest active manager to make its funds available on the free- to low-cost platform.
The firm is hiring personnel with technological know-how as it focuses on adding enterprise business.
