Morgan Stanley Wealth Management (MSWM) is running a series of tests with its financial advisors on the use of OpenAI’s chatbot ChatGPT.
Morgan Stanley Wealth Management (MSWM) is running a series of tests with its financial advisors on the use of OpenAI’s chatbot ChatGPT.
One year on from acquiring a stake in wealthtech provider Moneyfarm, M&G has launched its first robo-advisory platform.
French asset manager Amundi has acquired 100% of Finventum, the Austria-based fintech which owns robo-advisory platform Savity Vermögensverwaltung.
Canadian robo-advisor is to cut 13% of its staff as a result of market volatility.
Wealth management platform FNZ has completed a $1.4 billion equity funding round that gives the company a valuation in excess of $20 billion.
One of the last remaining, large-scale independent players in the robo-advisor market has announced a move into the cryptocurrency market.
Swiss bank UBS has become the latest mainstream player to buy into the robo-advisor market after announcing the acquisition of US-based Wealthfront in a $1.4 billion cash deal.
Competition in the UK’s online investment market is set to intensify further after online stockbroker AJ Bell announced plans to launch a commission-free investment app targetting retail investors.
The former IT director of Hargreaves Lansdown and the former UK managing director of eToro have been recruited by micro-investing platform Wombat to serve on its advisory board.
Financial data company Refinitiv has set its sights on the wealth management market with the launch of a web-based data and analytics platform aimed at active retail investors.
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