The saving and investing apps anticipate that together they will serve nearly 6 million subscribers.

CIPW Trust, chartered in South Dakota, will make corporate trustee services available to all clients.

Shares of the firm have plunged 34% in March, set to be their biggest drop since October 1987.

Launched in 2019, the firm encountered challenges landing enough customers and additional capital.

Also, PureFacts acquires Xtiva Financial Systems, Elements offers a money-back guarantee, Lion Street partners with Pontera and Luminant announces a $3.5M seed funding round.

The OCIO for financial advisors, which launched in November 2022, built the new feature to source investment options.

The longtime executive will lead Citigroup's wealth management unit; Lindsay Hans and Eric Schimpf will co-lead Merrill Lynch Wealth Management, reporting to Bank of America's CEO.

The SEC chair testified before a House Appropriations subcommittee on the commission’s FY24 budget request.