Gundlach: Machines Won’t Push Humans Out of Finance
The billionaire DoubleLine founder was interviewed at a Fixed Income Analysts Society event, where he and Dana Emery of Dodge & Cox were honorees.
Morgan Stanley’s 16,000 Advisors Get Algorithmic Makeover
Man-machine fusion may help firms avoid paying signing bonuses; new software to prod advisors with suggestions and reminders.
Gundlach: Robos Could Cause Next Crash; Passive Mania Will Wane
Speaking at FPA NorCal, the bond king sounds off on passive investing, robos, rates and the S&P 500.
Rise of the Robo-Advisor Machines: Are They Really Advisors?
Computers can be cheaper, faster and more convenient, but that’s not always better. And I think most people know this.
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.
Humans to Robos: You Can't Touch This
Financial advisors have an important role to play in creating a holistic wealth management experience. There is no substitute for the human touch.
Clara Shih: How to ‘Work Smarter’ on Social Media
“You can’t just post and post” on social media, Clara Shih says; going a little deeper can help “ensure that robo-advisors don’t take over.”
Robo Clearing Firm Apex Taps Envestnet's Fiske to Head Retail Ops
Ron Fiske joins Apex, which clears for robo-advisors like Betterment, from Envestnet and will head its retail operations.
Betterment Now Offers Human Advice, Restructures Fees
The largest independent robo-advisor now offers 3 services: digital, digital plus and premium.
John Hancock Uses NextCapital to Bring Robo-Advice to Its Retirement Savers
The partnership will bring “nonconflicted, personalized advice” to John Hancock’s 2.7 million retirement clients, says NextCapital’s Rob Foregger.