Vanguard Is Way Ahead in the Robo Race
Its AUM at the end of the first half is more than four times the AUM of Schwab, its closest rival.
Schwab’s Robo-Related Assets Surge to $19.4B in Q2
Meanwhile, TD Ameritrade says its total client assets jumped 20% from last year.
JPMorgan Moves Ahead on Robo-Advisor, but Doesn’t Call It That
The bank refers to it as an “automated” advisor; CEO Dimon says the firm spent $600 million on fintech last year.
Raymond James Is Ready to Robo
The firm, which works with over 7,000 advisors, plans to launch its own robo advisor later this year.
Wells Fargo Gives More Details on Robo Service
The program has a minimum investment of $10,000 and a yearly cost of 50 basis points, which includes phone-based financial advisor support.
Goldman Sachs gets serious about robo-adviser services
Goldman Sachs Group Inc. plans to hire a software developer to help open an automated investing service for mass-market wealth clients.
Goldman Sachs Set to Hire Developer for New Robo-Advisor
Automated platform to serve wealthy clients, a job posting shows; the platform would be part of the investment management division.
Will Schwab’s New Hybrid Platform Steal Clients From Schwab RIAs?
Schwab's new robo-human Intelligent Advisory platform could lure clients away, argues one recruiter, while another disagrees.
Wells Fargo Robo Pilot Set for Summer; Rollout for Late 2017
The service, to be called Intuitive Investor, aims to bring in new, younger clients to its wealth management unit.
Merrill Edge Launches Robo-Advisor With a Twist
Portfolios will be based on ETFs made by Vanguard and others; Bank of America also introduces automated branches.