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.
Wells Fargo Lining Up Robot Stock Pickers for Its First Ever ETF
The bank’s fund unit is considering launching its first ETF within three to six months, company executives said.
Blucora, HD Vest to Add Robo-Services
Some 5 million TaxAct clients will soon have access to the Financial Guard platform but can opt to work with FAs instead.
Are Robo-Advisors Really Better Fiduciaries Than RIAs?
Yes, digital advice platforms offer low fees, but is that enough to make them superior fiduciaries, or even fiduciaries at all?
Wells Fargo-SigFig to Roll Out Robo-Advisor in ’17
The wirehouse is the second large employee-advisor firm to go this route in its use of digital products and services.
Wealthfront CEO Steps Aside and Co-Founder Takes Over
Wealthfront said that Adam Nash has stepped down and been replaced by Andy Rachleff, one of the company’s co-founders.