Wealth managers are taking the more than 6 billion text messages sent globally every day as a sign that the vast majority of clients are willing to communicate with businesses via text. Redtail Technology Inc., a client relationship management provider ...

Client communication is becoming critical to a growing business, spurring some wealthtech firms to launch tools to quickly engage with clients where they spend most of their time — on their smartphones. Two prominent fintechs announced plans to launch text ...