Ally's no-fee robo takes a page from Schwab's playbook

To attract clients, digital-first advice firms are borrowing tactics from the incumbents and putting a spin on traditional industry offerings.

Unsubscribe View in browser IN|VEST WEST → December 5-6, 2019 | San Francisco Featured Speakers Agenda Attend FINANCIAL PLANNING 1. Ally's no-fee robo takes a page from Schwab's playbook By Sean Allocca 4 min read To attract clients, digital-first advice firms are borrowing tactics from incumbents and putting a spin on traditional industry offerings. Read More → FINANCIAL PLANNING 2. Registration now open for 2020 Best Fintechs to Work For 1 min read The deadline to apply is Sept. 27. Read More → FINANCIAL PLANNING 3. Vanguard's planned robo poised to shake up automated investing By Sean Allocca, Suleman Din 2 min read The mutual fund giant is developing a new automated investment service priced to vastly undercut competitors. Read More → AMERICAN BANKER 4. NFL stadium deal will raise SoFi’s profile, but will it boost profits? By Kevin Wack 4 min read The online lender’s name will go on a glitzy new stadium scheduled to open next year in Inglewood, Calif. The big question is whether the 20-year deal will contribute to profitability, which SoFi has yet to achieve on a consistent basis. Read More → FINANCIAL PLANNING 5. Schwab doubles down on advisor robo tech as 1,100 RIAs sign on By Jessica Mathews 2 min read Other custodians are skeptical that financial planners want the tool in the first place. Read More → AMERICAN BANKER 6. Why Wells Fargo is jumping on the digital currency bandwagon By Penny Crosman 4 min read It's not a reaction to JPM Coin, the banks says, but a way to speed up international payments for corporate clients. Read More → HOT MIC Why automated advice is like drinking Bud Light: Q&A with XYPN chief Alan Moore Q: What are the biggest benefits of technology? A: The misconception is that technology is going to allow financial planners to serve significantly more clients. The number of relationships a person can have is somewhere around a hundred. That’s finite. Get the whole conversation → Demo Your Product at In|Vest West Ready to showcase your solution to the audience at In|Vest West? We’re looking for 15 of the industry’s exciting new players to showcase their products, platforms and innovations that are transforming the wealth management industry. • Apply to Demo → Due Friday, September 20, 2019 • Here's What We're Looking For → Learn More About Demos at In|Vest • View Demos from NY → Watch the Demos from In|Vest NY See Full Agenda → Raising Capital Plaid gets strategic investment from Mastercard and Visa By Kate Fitzgerald 1 min read Plaid, the San Francisco-based financial technology infrastructure provider, has received strategic investments from Mastercard and Visa as part of a $250 million round of funding. Plaid did not disclose the two networks' specific investments. Read More → ABOUT IN|VEST In|Vest is the home of the wealthtech community and the digital leaders in wealth management. Since its inception, we've united more than 5,000 executives to explore the changes in the market and discover innovations in investing, saving and financial advice.... Learn More → Unsubscribe | Manage preferences | Privacy Policy | Reprints One State Street Plaza, 27th Floor, New York, NY 10004