Betterment’s new per-advisor fee for custody underlines industry shift

For planners who embrace the potential to provide these services, it can be a natural next-generation service offering.

Unsubscribe View in browser INVEST → June 18-19, 2020 | New York Featured Speakers Agenda Attend FINANCIAL PLANNING 1. Betterment’s new per-advisor fee for custody underlines industry shift By Jessica Mathews 3 min read RIAs already on the platform can stick with the old pricing model or transition to the new one. Read More → AMERICAN BANKER 2. OCC guidance on data sharing could stifle innovation, fintechs say By Penny Crosman 6 min read The agency's recent update to its guidelines for banks on working with data aggregators and other third parties was not extreme, but some critics say its heavy emphasis on security could be a setback for open banking. Read More → FINANCIAL PLANNING 3. Robinhood brokerage app goes down for second time in a week 1 min read Customers criticized the company on Twitter, with some saying they were unable to place orders. Read More → HOT MIC How financial advisor marketing can tap into transformation Q: How has digital marketing in the RIA industry changed throughout your career? A: "The evolution has been drastic and I think really transformative, specifically from our perspective as it relates to communications. What we’re seeing today is that there’s this massive opportunity for businesses in this space to communicate at scale, to use digital and social efforts to create those human connections with a broader audience of people through digital and social strategies. When I got started in the business, that just didn’t exist.” says FiComm Partners CEO Megan Carpenter. Get the whole conversation → INVEST 2020 Super Saver Tickets End Friday, March 20 Big things are happening at INVEST 2020. The preview agenda is live, our first speakers have been announced and the Super Saver rate ($500 off) ends Friday, March 20. Now is the best time to secure your seat and join the digital wealth management industry in New York City. • Preview the agenda → Explore the new topics and themes. • Meet our first speakers → See who just signed on (more to come!) • Get your ticket → $500 savings end March 20. See Full Agenda → Raising Capital Former Twitter execs put funding behind SpotOn POS By David Heun 2 min read Payments software company SpotOn Transact has completed a $50 million funding round that included investments from 01 Advisors, a firm founded by former Twitter executives. Read More → ABOUT INVEST INVEST 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. Join us at our next event.... Learn More → Unsubscribe | About | Contact | Privacy Arizent One State Street Plaza 27th Floor, New York, NY 10004 ©2020 Arizent. All rights reserved.