The software developer plans to add head count in engineering, marketing and business development.

‘The temperature is rising on the quality of cybersecurity risk for registered investment advisors, whether they are in the DOL space or not.’

Morningstar and Luma Financial Technologies are partnering to provide structured notes data and analytics.

With its new Investor Experience Platform, the startup, which also announced the raise of $2.2 million in capital, hopes to serve as a review hub for advisors.

Advisors are increasingly adopting specialized programs that offer more flexible scenario analysis and can perform more complex planning for optimization of benefits.

The bank is working with InvestCloud to offer the products to nearly 150 wealth-management firms on that company’s platform. 

Achieving the right balance between the digital and the human touch will be the main test.