Robinhood is under pressure for bringing ‘gamification’ to investing bit.ly/3nsJubn via InvestmentNews.com

Wow, almost 70% of Mass. Robinhood customers approved for options trading had no or limited investing experience. Racking up the order flow payments by taking from the young & poor. Its the reverse Robinhood strategy.

The stock market is a great leveler! Sometimes professional traders lose their shirts in the face of retail fury. Prashant Nair tells us about one such story playing out right now. #GameStop #robinhood #GME

Casino-like swings in stock prices of GameStop reflect wild levels of speculation that don’t help GameStop’s workers or customers and could lead to market instability. Today I told the SEC to explain what exactly it's doing to prevent market manipulation. warren.senate.gov/newsroom/press…

'How social media fueled the GameStop stock surge' - Aite Group (now Aite-Novarica Group)'s Sophie Schmitt weighs in via investmentnews.com/how-social-med… via InvestmentNews

The Battle Royal for Consumer Deposits: Sizing Interfirm A2A Transfers - New Aite Group (now Aite-Novarica Group) report by Talie Baker and Sophie Schmitt aitegroup.com/report/battle-… #consumerdeposits #Account2Account #A2Atransfers #covid19 #pandemic #financialinstitutions #financialservices

Banking in Wealth Management: Cash Is Still King - New Aite Group (now Aite-Novarica Group) report by Sophie Schmitt via aitegroup.com/report/banking… #wealthmanagement #banking #payments #wealthtech #fintech #financialinstitutions

Big #AdvisorTech news. @apexclearing going public via SPAC. Raising $850M cash in the process for growth. Seeing the opportunity to take on #Schwabitrade more directly? "Apex Clearing Is Said To Have Agreed to Go Public via SPAC" bloomberg.com/news/articles/… #FinTech

Mark your calendar for Aite Group (now Aite-Novarica Group)'s Digital Innovation in Wealth Management Executive Forum (#DIWM21) set for June 17. Join Aite Group (now Aite-Novarica Group)'s Wealth Management analyst team and other industry experts. Learn more bit.ly/3qFO6MT #wealthmanagement #digitalinnovation #fintech

We are accepting nominations for our #digital #wealthmanagement Impact Innovation Awards. Categories include #financialwellness #digitalinvesting #advisortech and more.

We're a proud partner of this week's Finovate Europe! Be sure to catch Aite Group (now Aite-Novarica Group) analysts enrico camerinelli, Meghna Mukerjee, Vinod Jain & Wally Okby as they lead panels of expert speakers. Save 20% using our partner code FKV2378FFW bit.ly/3py3Fpz #Finovate #FinovateEurope

Building a Diverse Practice: The Value of CFP® Certification to Female Advisors - New Aite Group (now Aite-Novarica Group) report by Sophie Schmitt and Dennis Gallant commisioned by CFP Board via aitegroup.com/report/buildin… #CFP #CFPBoard #CFPcertification #financialplanner #FemaleAdvisors

Growth on “robo” and hybrid platforms driven by firms with B2b distribution (esp workplace) and digital FIs w/banking integration.

Fantastic discussion with Sallie Krawcheck and Alois Pirker of Aite Group (now Aite-Novarica Group) at today's #DIWM21 conference on serving female investors and the traditional inadequacy of the messaging / marketing of investment products (think Jim Cramer and the Bull) to women.

.Aite Group (now Aite-Novarica Group)'s Dennis Gallant leads an excellent discussion on “Digitalization and Client Discovery” with Andrew Firth (Wealth Wizards), Eddie Sempek (@orionadvisor), and Mark Trousdale (InvestCloud Inc.) at #DIWM21 #wealthmanagement #digitalinnovation #fintech #innovation

.Aite Group (now Aite-Novarica Group)'s Wally Okby leads a “Enhancing Client Relationships thru ESG/SRI Analytics & Reporting” panel w/ Dr. Felix Brill (VP Bank Group), Dorothée Chapuis (Societe Generale Group), Alessandro Tonchia (InvestCloud Inc. Private Banking & Wealth) & Lily Trager (Morgan Stanley) #DIWM21

.Aite Group (now Aite-Novarica Group)'s Sophie Schmitt leads our final panel on “Delivering Financial Advice at Scale with Financial Wellness” w/panelists Tom Burmeister (NaviPlan by InvestCloud), Jenna Hokanson (UBS), and Richard Owen (Ortec Finance) #DIWM21 #financialwellness

A recent $70M fine against fast-growing Robinhood and a potential $200M fine for Charles Schwab Corp's robo-adviser, sheds light on heightened transparency issues the #SEC and FINRA may keep closely on their radar 🧐🧐🧐 investmentnews.com/schwabs-200-mi… via InvestmentNews

We're excited to announce that Aite Group (now Aite-Novarica Group) and Novarica (now Aite-Novarica Group) have joined forces to create Aite-Novarica Group. Read today's press release to learn more: lnkd.in/gfenzax #financialservices #banks #payments #insurance #wealthmanagement #capitalmarkets #fraud #AML #fintech

Mike Donnino, MD wutrain Mass. Public Health Love this. Even CDC director now admits that PCR results can test positive for 12 weeks after recovering. They aren’t useful for most cases. Only time I’ve read that PCR makes sense is if you test negative on rapid antigen test but have COVID symptoms; then get PCR to confirm.