Wealth meets insurance and it's all robo

Principal mixes a digital-first approach with M&A to build growth.

Unsubscribe View in browser IN|VEST WEST → December 5-6, 2019 | San Francisco Featured Speakers Agenda Attend FINANCIAL PLANNING 1. How Principal is ramping up its wealth management as other insurers exit By Tobias Salinger 4 min read The RobustWealth and Wells Fargo acquisitions are boosting the firm’s technology and scale as firms of its type diverge on their approach to a changing industry. Read More → SPONSOR CONTENT Give your firm a technological step-up Customize your platform and potentially offer more value to your clients. With access to over 100 third-party integrations, Integration Xchange delivers solutions to help your firm stand out. LEARN MORE NOW FINANCIAL PLANNING 2. In price war, Merrill Edge goes to zero-commission trades By Sean Allocca 3 min read The move follows similar offers from other major brokerages in the last two weeks, as firms race to woo clients with the lowest-priced products possible. Read More → FINANCIAL PLANNING 3. Employee shakeups hit Silicon Valley startups By Suleman Din 3 min read SigFig reportedly lays off a percentage of its workforce, while a former Fidelity marketing chief joins Personal Capital. Read More → FINANCIAL PLANNING 4. Kitces: Planning software’s biggest blind spot By Michael Kitces 6 min read Technology tools are pitched as time savers, but that’s not how advisors are actually using them. Read More → PAYMENTSSOURCE 5. Why fintechs will be watching Venmo’s credit card By John Adams 3 min read PayPal’s latest move to jolt Venmo’s revenue is a co-branded credit card developed with Synchrony — something that challenger banks and fintechs may rush to compete against. Read More → AMERICAN BANKER 6. Banking charter remains a long way off for fintechs after court ruling By Brendan Pedersen 4 min read A regulatory cloud still follows fintech companies following a judge's decision throwing out the Office of the Comptroller of the Currency’s special-purpose charter. Read More → HOT MIC Why Scotiabank is building 'digital factories' Q: How has the bank changed its approach to innovation? A: “We didn't want to build a lab and all that would come with it. We wanted to build replicable, high-quality software. And then we wanted to be able to do this in other countries,” says Shawn Rose, the firm’s chief digital officer. Get the whole conversation → The In|Vest West Agenda is Live! In|Vest West will bring wealth management’s next wave of digital transformation to the stage. Join us to learn and meet the industry innovators, emerging fintechs, wealth management institutions and technology giants that are leading the way. • View the Agenda → And stay tuned. There are more to come! • Get your ticket → Early Bird rates end November 1. • Sponsor or demo at In|Vest West → Sign up now. Limited opportunities remain. See Full Agenda → Raising Capital Galileo raises $77 million to expand global card processing By Kate Fitzgerald 1 min read Galileo has raised $77 million in its first round of venture capital funding backed by Accel and Ryan Smith, CEO of the software firm Qualtrics. 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