by Patrick M. Kelly | Jan 23, 2013 | Technology
Riskalyze, an online risk profiling tool, has launched a free version for advisors. Using its proprietary Risk Fingerprint technology, Riskalyze quantifies risk tolerance and matches it to the appropriate model portfolio. The free version was announced on the...
by Patrick M. Kelly | Jan 4, 2013 | Financial Advisors, Financial Services Industry, Technology
More mobile apps and technology developments are on the horizon for financial advisors in 2013. “Advisors’ use of technology grew exponentially in 2012, and that growth shows no signs of stopping in 2013. As tech keeps evolving, advisors are eager to use those...
by Patrick M. Kelly | Oct 23, 2012 | Technology
A new app for Facebook, called FutureTimeline, was launched by Fidelity Investments, the first major financial services firm to utilize Facebook’s feature in this way. Hoping to steer the Facebook generation toward its own website, the app allows users to set...
by Patrick M. Kelly | Sep 21, 2012 | Financial Services Industry, Technology
Technology has taken leaps and bounds to augment and enhance what financial planners do, and since 2009, a new breed of technology firms threatens to challenge advisors as well. The rise of the so called “robo advisor”—online startup firms that aim to replace...
by Patrick M. Kelly | Aug 20, 2012 | Technology
Can Knight Capital recover after suffering massive losses when a software glitch sent out a stream of unintended trades? Although saved from total collapse by $400 million of new capital from a consortium of private equity funds and several investor groups including...
by Patrick M. Kelly | Aug 16, 2012 | Technology
The platform, called “3D” based on its “multidimensional design” is designed to let the firm’s 17,000 financial advisors do everything from trading stocks and picking fund managers to helping clients manage their risks. It’s a supposedly state of the art system...
