2+ hour, 15+ min ago   (348+ words) The artificial intelligence investment boom is entering a new stage. After public markets rewarded the companies building chips, cloud infrastructure and foundation models, private capital is moving aggressively to finance the businesses expected to apply that technology across the broader…...

2+ hour, 27+ min ago   (366+ words) Artificial intelligence is no longer just another fast-growing technology sector. It is becoming one of the primary engines driving the American economy. The shift is visible far beyond Silicon Valley. Massive spending on data centers, chips, networking equipment and power…...

2+ hour, 21+ min ago   (225+ words) Private markets have spent the past decade solving one problem: access. The next challenge may prove far more important. That reflects the maturation of the asset class. For years, private markets attracted capital largely because they offered opportunities unavailable in…...

18+ hour, 48+ min ago   (304+ words) Most advisory firms understand that organic growth is more valuable than growth through acquisitions. The challenge has always been finding enough time to pursue it. The opportunity is larger than note-taking. Every client conversation contains potential planning opportunities—a pending…...

1+ day, 4+ hour ago   (466+ words) Tim Foley didn’t set out to become an AI leader. He spent years building online brokerage platforms, starting as the first product hire at DLJ Direct, then running NetX360 at Pershing. Getting from there to running AI strategy at AdvisorEngine wasn’t…...

1+ day, 2+ hour ago   (288+ words) Family office software provider Asset Vantage has named Nicole Eberhardt as its new global chief executive, signaling that the company is shifting from building technology to scaling a business. Leadership changes at wealth technology firms often mark an inflection point....

1+ day, 16+ hour ago   (194+ words) The combined cloud backlog at the biggest technology companies has climbed to roughly $2.3 trillion, reflecting contracts and customer commitments that have yet to be fulfilled. Rather than signaling excessive investment, that backlog suggests companies are still racing to build enough…...

1+ day, 16+ hour ago   (220+ words) Robinhood is expanding its push into private markets with a new fund designed to give individual investors exposure to privately held companies that have traditionally been available only to institutions and wealthy investors. The move reflects a broader trend reshaping…...

2+ day, 2+ hour ago   (160+ words) Business owners have always represented attractive clients for financial advisors. Increasingly, they require a level of planning that extends well beyond traditional investment management. Business owners occupy a unique position in wealth management. For many entrepreneurs, the business is both…...

5+ day, 49+ min ago   (1103+ words) Trading technology isn’t rebuilt very often. Most platforms evolve through years of incremental updates, layering new features onto aging infrastructure until the system becomes harder to navigate than improve. Envestnet decided to start over instead, and the firm rebuilt its…...