The emerging world of AI-powered simulation sandboxes could provide an opportunity test how a client would react to a message before it’s even sent. With AI simulation sandboxes, which EY Consulting’s Sameer Munshi, head of behavioral science and simulation, compared to crystal balls, advisors can “recreate” any demographic in the world via synthetic data and agentic AI. “It’s recreating the parameters of a human,” he said. “It’s decoding human behavior based on how you describe it.” Once that simulation is set up, Munshi said advisors can interact with these “people” in a qualitative conversation, posing targeted questions in order to test what messaging — or even a new price point — resonates with a particular client population. The immediate benefits of the AI simulation sandbox are obvious, said Munshi. “The power of this technology is understanding what investors or consumers actually want, even if it’s not a perfect correlation to what exists today from a research perspective,” he said. “The fact that you can get it in days instead of months is going to completely change how we think about research.” Compliance is an important use case for AI-powered simulation environments, said William Trout, director of securities and investments at technology data firm Datos Insights. In terms of investment suitability, simulations could test portfolio recommendations against diverse client profiles, ensuring recommendations truly serve client interests rather than advisor compensation structures, he said. The next step for firms considering adoption of these sandboxes is to begin with a narrow pilot program that uses nonsensitive data. For example, an advisory team could test how an AI-generated client reacts to a quarterly market commentary before distributing it. While AI adoption among financial advisors has increased dramatically in 2025, the specific concept of comprehensive simulation environments for testing client reactions is “pretty nascent,” said Trout, who has not seen many deployed use cases for AI-powered simulation sandboxes in wealth management. Such sandboxes enable risk-free experimentation with client interactions, marketing strategies and portfolio recommendations in controlled environments, said Trout. “They accelerate client growth by helping advisors identify high-potential prospects and refine outreach strategies that improve conversion rates and retention,” he said. “Enhanced productivity comes from offloading routine tasks like meeting preparation, follow-ups and client research to AI agents, allowing advisors to focus on high-value relationship building and strategic planning.” Another example of how advisors can use sandboxes is determining whether to raise fees, and if so, how much, said Munshi. Advisors can also use the technology to decide how to invest in ads, said Munshi. The sandboxes also provide continuous learning opportunities through data generation that trains models and refines strategies over time, said Trout.
WisdomTree launches a tokenized private credit fund CRDT with $25 minimum and two‑day redemptions, tracking 35 CEFs, BDCs, and REITs on‑chain.
WisdomTree has launched a new tokenized fund focusing on private credit. The new fund, called the WisdomTree Private Credit and Alternative Income Digital Fund (CRDT), tracks a basket of 35 publicly traded closed-end funds, business development companies, and real estate investment trusts. It’s available with a minimum investment of just $25 and offers two-day redemption. WisdomTree, it’s worth adding, launched an ETF tracking the same benchmark in 2021, the WisdomTree Private Credit and Alternative Income Fund. Private credit, lending done outside traditional banks, has ballooned in recent years as investors chase yield-focused investment options. “It’s really just about bringing the asset class to a whole universe of different investors,” said Will Peck, head of digital assets at WisdomTree. The firm has launched a number of tokenized investment vehicles so far, including ones offering exposure to money market funds, fixed income securities, and equities.
Community banks offering digital estate planning tools are establishing a brand connection with next-gen heirs, by offering to gather and store family videos and photos
A massive generational wealth transfer is underway, with heirs moving inherited assets away from community banks 70% of the time — threatening deposit stability as over $30 trillion changes hands by 2030. Community banks are adopting digital estate planning tools — like Thomaston Savings Bank’s partnership with Paige — to help families prepare proactively and help banks retain relationships with the next generation. Adding Paige allowed the bank to scale estate planning services and make guidance more accessible. When community institutions help parents plan, and since they have the largest share of that age group, removing bad experiences enables banks to transition from a reactive to a supportive role in the estate for the next generation. Through its Paige partnership, Thomaston Savings is also doing more than covering the practicalities of estate planning; they’re reaching deeper into the relationship to establish a brand connection. Customers of Thomaston Savings can get a head start on gathering and storing family videos and photos. They can even schedule a calendar of messages for loved ones to receive in the years after they are gone. (All of these services are offered through one discounted subscription to depositors and provided via a cobranded portal from the bank’s website.) It’s not a deposit service, but community institutions are turning to partners for differentiation – especially when up against the largest nationwide banks – in services at “the edge on money,” as Alloy Labs Alliance CEO Jason Henrichs describes it. It’s about deposit effects created “looking beyond the account and the transactions for new ways to create value for the customer,” he says. “That can require partnering with technology companies that didn’t start out pursuing bank partnerships. They’ve built valuable services that created new value for customers and the banks.” Since it launched, Paige has also partnered with the American State Bank, as well as Claremont Savings Bank. These technology companies “give the service to the banks for free,” says Josh Seigel, Chairman and CEO of StoneCastle Partners, and also an investor in Paige. “There’s really no process other than vendor due diligence for banks. Customers can use this service and pay a monthly fee of approximately $2; it’s intended for individuals who don’t have an estate attorney.
Advisor CRM debuts a GenAI marketing suite that drafts LinkedIn posts, emails, and client letters in an authentic voice while automating segmentation and scheduling
Advisor CRM has launched its Gen AI Marketing Suite, a fully integrated set of free and paid tools empowers advisors to automate content creation, streamline marketing workflows, and strengthen client relationships. The Gen AI Marketing Suite includes Agents for generating Facebook and LinkedIn posts, marketing emails, client letters, press releases, and more—with new tools added weekly. With minimal training, the AI quickly learns an advisor’s tone of voice, unique value proposition, and communication style, enabling it to write marketing copy and client communications in the advisor’s authentic voice. Key features of the Gen AI Marketing Suite include: AI-powered email creation – Draft messages from scratch or with AI assistance, including suggestions for subject lines, tone, and clarity. Authenticity at scale – With minimal training, the AI learns your style and unique value proposition, writing copy in your authentic voice. Smart segmentation – Organize contact lists with custom tags (e.g., high-value clients, VIPs, new clients). Scheduling & automation – Plan email campaigns in advance with seamless scheduling tools. “Advisor CRM’s Gen AI Marketing Suite turns hours of marketing work into minutes,” said Ryan Borer, Managing Partner at Advisor CRM. “By leveraging AI, we’re not only making content creation easier but also ensuring it’s brand-consistent and client-ready. Because the system adapts to each advisor’s voice and value proposition, the marketing content it generates feels authentic, personal, and true to the advisor’s brand.”
Following EU tokenized stocks, Robinhood pursues U.S. retail access to private companies and startups via closed‑end Ventures Fund I; shares intended to trade on NYSE as RVI
Robinhood has filed an application with the U.S. SEC to launch a new publicly traded fund that will hold shares of startups. The idea behind the “Robinhood Ventures Fund I” is to allow every retail investor access to make money on the hottest startups before they go public. While the current version of the application is public, Robinhood hasn’t filled in the fine-print yet. This means we don’t know how many shares it plans to sell, nor other details like the management fee it plans to charge. It’s also unclear which startups it hopes this fund will eventually hold. The paperwork says it “expects” to invest in aerospace and defense, AI, fintech, robotics as well as software for consumers and enterprises. Robinhood’s big pitch is that retail investors are being left out of the gains that are amassed by startup investors like VCs. That’s true to an extent. “Accredited investors” — or those with a net worth large enough to handle riskier investments — already have a variety of ways of buying equity in startups. Retail investors who are not rich enough to be accredited have more limited options. There are funds similar to what Robinhood has proposed. This new closed-end “Ventures Fund I” is a more classic, mutual fund-style, approach.
Broadridge’s integration of Uptiq’s tech into its wealth management platform provides advisors access to agentic AI apps that surface the most relevant loan options, automating securities-based lending- (SBL) workflows, referral submission and covenant tracking
Broadridge Financial Solutions has announced a strategic partnership and minority investment in Uptiq, an AI platform for financial services. The partnership aims to modernize wealth management by addressing the growing demand for artificial intelligence in financial services and developing a better wealth lending process. Uptiq’s AI-powered tools and Broadridge’s Wealth Lending Network will enable advisors to deliver smarter lending recommendations, save time, and help clients access the liquidity needed to achieve their financial goals. The integration will streamline the process of accessing securities-based lending solutions, particularly for financial advisors and wealth management firms not affiliated with banks. Broadridge’s investment supports Uptiq’s growth and reinforces a shared vision for transforming wealth lending.
Robinhood pivots to a global superapp by tokenizing 200+ US. stocks for EU investors with 24/7 trading Robinhood, a global financial superapp, has transformed the post-public market landscape by leveraging blockchain, tokenization, and AI to redefine retail trading. By tokenizing over 200 U.S. stocks and ETFs for European investors, Robinhood has enabled 24/7 trading, fractional ownership, and exposure to illiquid private companies like OpenAI and SpaceX. Robinhood’s AI-driven tools, such as Robinhood Cortex, provide hyper-personalized insights, boosting retention and engagement. The company’s expansion into banking and wealth management, Robinhood Banking, positions it as a one-stop financial ecosystem. Financial performance validates Robinhood’s strategic bets, with Q2 2025 revenue surged 45% year-over-year, and its adjusted EBITDA margin hit 56%. Despite challenges, Robinhood’s forward P/E ratio of 12x and $4.2 billion cash balance suggest a compelling valuation. The company’s ability to navigate regulatory complexity while scaling AI-driven personalization and blockchain infrastructure will determine its long-term dominance in a fragmented fintech landscape.
Robinhood, a global financial superapp, has transformed the post-public market landscape by leveraging blockchain, tokenization, and AI to redefine retail trading. By tokenizing over 200 U.S. stocks and ETFs for European investors, Robinhood has enabled 24/7 trading, fractional ownership, and exposure to illiquid private companies like OpenAI and SpaceX. Robinhood’s AI-driven tools, such as Robinhood Cortex, provide hyper-personalized insights, boosting retention and engagement. The company’s expansion into banking and wealth management, Robinhood Banking, positions it as a one-stop financial ecosystem. Financial performance validates Robinhood’s strategic bets, with Q2 2025 revenue surged 45% year-over-year, and its adjusted EBITDA margin hit 56%. Despite challenges, Robinhood’s forward P/E ratio of 12x and $4.2 billion cash balance suggest a compelling valuation. The company’s ability to navigate regulatory complexity while scaling AI-driven personalization and blockchain infrastructure will determine its long-term dominance in a fragmented fintech landscape.
Halo Invest’s platform for advisers offers a light-touch, client-administrated option to efficiently service customers with more modest assets allowing them to easily check progress for clients and corporate actions
Halo Invest Adviser Gateway is now live, offering advisers a light-touch, client-administrated option to efficiently service customers with more modest assets. The platform, led by CEO Douglas Boyce, has secured its first advice firm client and a strong pipeline of new business for the immediate future. The platform is built to make investing “simpler, fairer and better” through innovative functionality, including a transfer dashboard for advisers to easily check progress for clients and corporate actions that the adviser doesn’t need to respond to individually. It also uses Go Cardless for efficient client money addition. The platform features include onboarding, trading, custody, and reporting, as well as a comprehensive range of investments and wrappers. The senior management team at Halo Invest has close to 200 years of combined experience within financial services, including former Tatton CEO Helen O’Neill, Head of Risk and Compliance Wendy Crawford, and Head of Customer Lynn Johnston. Halo Invest Adviser Gateway represents an evolution rather than a revolution, helping advisers achieve profitability from parts of their client book where it was previously difficult or impossible.
Bitcoin ownership skews towards retail at 66% but institutions are catching up with funds and ETFs at 8% and businesses 6% highlighting balance sheet adoption momentum
River, the U.S.-based bitcoin financial services firm says individuals still own the majority of bitcoin. The study groups bitcoin supply into a few categories and shows the market share of each, using public filings, custodial address tagging and earlier blockchain research. River estimates individuals control about 65.9% of circulating BTC, or 13.83 million coins. This bucket includes self-custodied wallets and exchange accounts that River classifies as individual. On the institutional side, River divides holdings into businesses, ETFs and funds: Businesses — a global category covering corporate treasuries and conventional firms that report bitcoin holdings — account for about 6.2% of supply, or 1.30 million BTC. ETFs and funds — spot ETFs and investment vehicles that custody coins for clients — control about 7.8%, or 1.63 million BTC. Governments are shown at about 1.5%, or 306,000 BTC, based on sovereign addresses tracked from public sources. Two special categories round out the distribution: Lost bitcoin makes up about 7.6%, or 1.58 million BTC. River says this is inferred from age heuristics, which show coins that have not moved for many years and are likely unrecoverable. Satoshi/Patoshi holdings are pegged at about 4.6%, or 968,000 BTC, based on earlier research into early-era mining patterns. Finally, about 5.2% of the supply, or 1.09 million BTC, has yet to be mined before the hard cap of 21 million is reached. In plain terms, River’s research is an attempt to map who holds bitcoin today, not to forecast future prices. The estimates are not definitive, since custodians aggregate many clients, some wallets are misclassified, and ownership can be opaque. River’s conclusion is that individuals still dominate holdings, but the institutional share is expanding, helped by the growth of ETFs and companies that now treat bitcoin as a balance-sheet asset.
eToro’s AI tools to enable retail traders to develop bespoke trading algorithms, automate trade execution with precision and interact with social feed via customizable boiler plates and rich media posts creating a community-led marketplace for investing
eToro is launching a suite of AI-tools that will transform social investing by creating a community-built marketplace for investing built on top of eToro’s new public API. This marks a significant leap forward in the democratization of investing, arming retail traders and investors with sophisticated, AI powered capabilities previously only accessible to quantitative hedge funds. The suite of AI-tools will initially be available to eToro’s Popular Investors, a subset of users who are a vetted group of top traders and investors who meet specific criteria and whose investment strategies can be copied by other users via eToro’s patented CopyTrader technology. The key capabilities which will be deployed include the ability to: Develop bespoke trading algorithms and automate strategies; Automate trade execution: AI-driven algorithms to execute trades with precision, minimizing latency and maximizing efficiency; Integrate real-time market data and third-party tools, including backtesting and advanced analytics, to identify trends and opportunities across stocks, crypto, and ETFs, in order to build investment strategies; Personalize portfolio optimization: Tailored recommendations based on risk profiles, market conditions, and user behavior; Create personalized dashboards for monitoring portfolios and market activity including sophisticated risk management tools, powered by AI including Value-at-Risk (VaR) analysis and portfolio stress testing; Interact with eToro’s social feed via customizable boiler plates e.g. rich media posts. eToro’s focus on AI-empowerment, includes the launch of Tori, eToro’s next-gen AI companion. Tori is a powerful AI assistant transforming how users interact with eToro: answering questions, surfacing personalized insights, guiding them across the platform, and helping them better understand the world of investment – all through natural conversation.