Morrissey will assume full responsibility for the finance functions of the company as well as steer the company's growth trajectory as
SigFig's first CFO.
Both Schwab and
SigFig were the top two performers, respectively, for their equity and fixed income portfolios, which were both invested heavily in international assets.
"Given the scale of Wells Fargo, this partnership will help
SigFig continue to significantly expand our mission of providing high-quality investment advice to investors of all wealth and income levels," explained
SigFig CEO Mike Sha, in a statement at the time.
Betterment, WealthFront, Personal Capital, Future Advisor and
SigFig are ruling the roost in the online advisory space globally
The product,
SigFig Atlas, is being promoted as a 'financial advice and software-guided sales platform' for banks.
We see
SigFig playing a potentially quite significant role in improving how financial advisers provide advice, said Tom Faust, chief executive of Eaton Vance.
San Francisco-based Robo-adviser,
SigFig, has announced plans to roll out a new automated advice platform.
The new platform is called SpeciFi and was developed by
SigFig Wealth Management.
Borrowing a page from a wirehouse rival, Wells Fargo Advisors has said it is partnering with the tech firm
SigFig to develop a robo offering, which it plans to try out next year.
A recenlty announced strategic partnership will see robo-advisory company
SigFig building a customized digital platform to be used by 7,000 advisors of UBS Wealth Management Americas.
M2 EQUITYBITES-December 5, 2016-Citizens Bank adds
SigFig digital investing capabilities
It is expected to be available in early 2017, and will be offered through an agreement with
SigFig, a wealth management technology provider.
