Boston based fintech Trio is betting that customers would rather higher returns on their money versus deposit insurance as they...
SoFi is now offering brokerage services to the public a spokeswoman there has confirmed; there is an active investing option...
Reality Shares Advisors and Amplify Trust ETF have both files with the SEC to create blockchain related vehicles; the applications are not yet complete and the SEC must rule on both before they are permitted to go ahead; CoinDesk reports that both companies will focus on companies with market capitalizations above $200mn with a six month daily trading average of $1mn. Source.
There has been a price war going on in the ETF market as robo advisors have helped to bring costs...
Stash is now letting customers invest in single stocks as it looks to broaden their product offerings; the company allows customers to by portions of shares for a minimum of $5; the new offering allows investors to invest in single companies as opposed to single strategies as they have with themed ETFs; the average investor on Stash is 29 years old and has a household income of $45,000 a year. Source.