BANKING & INVESTING TOGETHER WITH ALLY INVEST
Banking and Investing: The Ultimate Power Couple
LAUNCH OF NEW COMBO IN DIGITAL FINANCIAL SERVICES IS A WIN-WIN FOR CONSUMERS
According to data gathered by the Pew Research Center and the FDIC, 69 million Americans do their banking online. With Ally Bank’s launch of Ally Invest, consumers will have the ability to easily manage banking and investing all in one place. This marks a powerful, best-of-both-worlds proposition in the marketplace with digital banking and investment financial services company in a single platform.
Direct from the trading floor in Charlotte, North Carolina, Diane Morais, Ally Bank President of Consumer and Commercial Banking Products joins us to discuss how this marks the culmination of the June 2016 acquisition of TradeKing, a digital wealth management company, by Ally Financial Inc. (NYSE: ALLY) At the time of the acquisition, TradeKing had approximately $4.5 billion in client assets, including approximately $1.1 billion of cash and sweep deposits.
For more information, visit ally.com
About Diane Morais:
Ms. Morais joined Ally Financial in 2008. Under her leadership, Ally Bank has achieved double-digit retail growth deposit growth each year since the bank launched in 2009. The bank has been named Best Online Bank by Money® Magazine for five consecutive years. In 2016, the Pennsylvania State University graduate was ranked #12 on American Banker Magazine’s “25 Most Powerful Women in Banking” list.
Related links: Ally Bank