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Douugh granted US licence for wealth arm


Douugh granted US licence for wealth arm
01 April 2021
Armed with a licence from the SEC, the Aussie neobank is set to roll out its wealth offering, with plans to snatch some of the investment platform market share from rivals such as Stash and Acorns.
The Registered Investment Advisor (RIA) licence from the US Securities and Exchange Commission (SEC) will enable Douugh’s wealth business to offer services through its “Wealth Jars” range, including robo-advice and trading.  
Douugh reported it is on track to launch its wealth solution in the next couple of months, following the recent roll-outs of Autopilot, an automated money management feature and instant virtual card provisioning with Mastercard.  ....

Andy Taylor , Sarah Simpkins , Tom Culver , Australian Financial Services Licence , Exchange Commission , Registered Investment Advisor , Wealth Jars , Momentum Media , ஆண்டி டெய்லர் , சாரா சிம்ப்கின்ஸ் , டோம் கல்கர் , ஆஸ்திரேலிய நிதி சேவைகள் உரிமம் , பரிமாற்றம் தரகு , செல்வம் ஜாடிகளை , வேகத்தை மீடியா ,