3+ day, 8+ hour ago   (236+ words) The platform will support data-based oversight of client portfolios and broader use of stress testing and scenario analysis. Danske Bank has introduced a new advisory platform, called Butterfly, for affluent private clients, a move described as its largest wealth investment…...

3+ day, 8+ hour ago   (261+ words) In Association with Sterling Artificial intelligence (AI) faces pressure to justify its growing bill. Cybersecurity demands investment as threats become harder to contain. Quantum computing offers substantial long-term promise but a more immediate security concern. Augmented reality (AR), meanwhile, is…...

1+ week, 4+ day ago   (295+ words) The business being acquired was set up in 2004and is responsible for more than $376m in client assets. Wealth Enhancement has acquired the investment advisory operations of Dickerson Jackson & Associates, a hybrid registered investment adviser based in Glen Allen, Virginia. Financial terms…...

1+ week, 6+ day ago   (302+ words) Deutsche Bank’s Private Bank has chosen Vault Core, a cloud-based banking system built by Thought Machine, for its operations in Germany. The system is set to become the main platform for banking and lending products in the country across personal…...

2+ week, 3+ day ago   (338+ words) After the deal closes, Altruist is expected to continue as a standalone business and retain its leadership team. Vanguard has reached a deal to acquire Altruist, a wealth technology and custody business focused on financial advisers. The companies did not…...

3+ week, 3+ day ago   (282+ words) Apple will be responsible for efforts to further develop the company’s investment, planning and advisory functions. Kestra Financial, headquartered in Austin, Texas, has named Kelly Apple as its new head of wealth management. The move follows the promotion of John…...