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Related to SIGFIG: betterment
SIGFIGSignificant Figures
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Consumers who log into SigFig directly, for example, can plug in their age, revenue and investment objectives and get rapid advice recommending how much to endow in stock or bond funds, for example, or between domestic and international investments.
As part of the collaboration, UBS has made an equity investment in SigFig.
According to Wells Fargo, its work with SigFig will allow it to offer "tailored portfolios" online and a service for "emerging investors who want trusted investment advice and a holistic financial experience in the digital space.
Wells Fargo Advisors (WFA) will collaborate with SigFig to develop a digital advisory offering for WFA, the company said.
Wells Fargo Advisors (WFA), a division of Wells Fargo & Co (NYSE:WFC), and SigFig, an independent, San-Francisco-based wealth management technology company, have said that they have entered into a partnership to develop a digital advisory offering for WFA.
BANKING AND CREDIT NEWS-May 27, 2016-UBS, Santander, Eaton Vance invest in SigFig
Betterment placed second for the third quarter followed by SigFig and SoFi, which tied for third place, but it led the competition for one-year performance ended Sept.
M2 EQUITYBITES-May 27, 2016-UBS, Santander, Eaton Vance invest in SigFig
SigFig, the developer of tech-enabled financial advisory services products, has said that it has raised capital from big banks.
UBS, for instance, is working with SigFig to roll out more financial technology to its roughly 7,000 advisors in the Americas and their clients.
Global Banking News-May 17, 2016--UBS and SigFig enter agreement for wealth management technology development
It will be managed by SigFig (also working with UBS Americas), with the Wells Fargo Investment Institute handling its asset selection.