Canada has relatively unimpressive fintech adoption rate, but that won't stop innovation
ETF providers have been trying to get on advisors’ radars with free offerings like portfolio tools and analysis. WisdomTree, the New York-based ETF provider that launched in Canada last year, is now trying to one-up its competitors with tailored consulting services to help advisors grow their businesses and even migrate to fee-based practices. Kurt MacAlpine, […]
RBC Global Asset Management has established the RBC GAM Innovation Lab
After launching in the U.S. last year, Wealthsimple is now expanding into the U.K. Wealthsimple says an “invitation-only beta version” of the service is open in the U.K., which will launch in September. The robo-advisor now has more than 30,000 clients in Canada and the U.S. and $1 billion in assets under administration. It expanded […]
Financial advisors at two MFDA firms now have access to Invisor CoPilot, a digital platform that can be used to offer clients portfolios made of ETFs and mutual funds. “We have already entered into agreements with some […] advisory firms and will be rolling out Invisor CoPilot to more than 400 of their advisors in […]
But fragmented regulation is a challenge
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Warren Buffett says he's sold about a third of his 81 million shares.
Online platforms touted as more transparent
Why it's smart to invest in fintech, and why most firms are taking it slow