Between a meme stock frenzy powered by digital brokerage apps, cryptocurrencies continuing their wild ride and a never-ending parade of mergers, acquisitions and fundraising deals, fintech kept making headlines in 2021.
As we move into the holiday season and take a well-deserved break before getting back to work in the new year, here’s a look back at some of the biggest stories that impacted financial advisor technology in 2022.
A new partnership with the tech firm Carta will position Morgan Stanley at Work to manage stock-compensation plans for more than 2,000 private companies that are moving toward IPOs.
Former financial advisors accused the firm of filing false disclosures about a template invoice their onetime employer claimed they sent to clients.
In 2025, premiums for Medicare Part B will grow twice as fast as Social Security benefits — and those premiums are deducted straight from the checks.
A recent Social Capital Markets report found that 71% of social media financial advice is misleading.
Big firms would be paying $415,000 a year more by 2029, while most brokers would see a far smaller hit.
Advisors who have volunteered their time and expertise said they have reaped the rewards along with those they have served.
