Many small and new businesses are phasing out every year in the US. Although it can be argued that there are many reasons that may contribute to the failure of these businesses but inaccessibility to funding appears to be one of the root causes.
Bank of America is en route to creating a new narrative. To address these stumbling blocks and shine a light on diverse fintech founders, the Wall Street bank is devising an accelerator program called ‘Bank of America Breakthrough Lab’.
The wealth management market is going through a rough patch. Economic uncertainty and financial stress are having a negative impact on investor sentiment, shows a new EY global wealth research report.
As a result, clients have started to ask more questions and demand more proficiency.
Stock trading by small investors is on the up and up.
Just in time Wealthfront has launched the option to invest into individual stocks exemplifying a philosophical switch in its robo-advisor business model.