Also, a new F2 Strategy study suggests firms must be responsive to digitally native affluent millennial clients to keep their business and MyVest expands tax-aware portfolio transitions for its Strategic Portfolio System.

Rumors swirled for months that the TAMP and technology provider was up for sale.

Fanning spent 17 years with MassMutual, the third-party technology provider’s largest customer, before retiring last year.

The bank has struck an agreement to transfer clients and their assets from the unit known as Marcus Invest to Betterment, a $45 billion digital investment-advisory firm.

Jeff Casey, president and senior financial advisor at CG Financial Services, uses integrations of various programs to achieve efficiency for the $3.1 billion AUM firm.

While the number and types of direct indexing solutions continue to grow, it is worth reviewing some of the potential benefits of its use.

Envestnet has received interest from private equity firms, including Bain Capital, according to a press report. Shares ended the day up 9% on the news.

Rob Pettman, an LPL veteran of 19 years, has joined the technology incubator.