Folio Financial says it has rolled out a new robo-advisor platform for both financial professionals and investors that includes tools for goals-based financial planning and specialized portfolio building.
Its Digital Wealth Platform supports automated, human and hybrid-advised businesses and their clients, while working with Folio's brokerage, clearing and custody technology.
"First-generation robo-advisors helped set the stage for simple advice automation, but they have fallen short in helping financial institutions and advisors extend their trusted advisor relationship into the digital element," according to Folio Institutional President Greg Vigrass.
