As firm leaders break down the good, the bad and the ugly of their Q3 earnings, one thing is clear: Technology is at the core of many of their plans.

For Goldman Sachs, it's all about shifting away from investment banking and trading and putting a greater focus on wealth management and fintech. That includes the creation of a business arm called "Platform Solutions" that will unify the firm's fintech platforms.

Morgan Stanley is leaning on an in-house technology effort dubbed "Project Genome" to better understand clients in their push to add $1 trillion in client assets every three years. And Pershing X, the BNY Mellon business unit focused on supplying RIAs and broker-dealers with the software they need, was flagged as one of the firm's top growth vehicles moving forward.

Check out all of the details and insight at Financial Planning. 

In other news, FP is looking for speakers for our inaugural INVEST Cryptocurrency for Advisors event on Dec. 13 and 14 in New York City. If you know any crypto experts who can help advisors navigate the landscape, send them my way so we can make them part of the event.

Anything else on your mind? Drop me a line at justin.mack@arizent.com. Have a great rest of the week!

Regards,

Justin

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