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“What you really need are computer geniuses who failed as algorithmic traders and are willing to switch sides,” said Brad Bennett, who was head of enforcement at the Financial Industry Regulatory Authority until earlier this year.
At its annual conference, the network of independent broker/dealers launched new tech platforms to help with marketing and succession planning, as well as a new information council to address planning for client longevity.
Despite the slowdown in startups, the fintech revolution isn't over—it’s been co-opted by the incumbents, and that’s an opportunity for financial sector investors.
TD Ameritrade clients can now make trades on Facebook Messenger, Popular Community Bank establishes a private banking division and a former NFL player says America has retirement crisis.