Robo-Advisors
Get the latest news and insights on robo-advisors, and how these developments impact financial advisors, investors, the wealth management industry and more.
Betterment Had Record-Breaking Q1
By Bernice NapachBetterment announced $29 billion in AUM as of March 31, almost 50% higher than a year ago.
March 29, 2021
BlackRock's iShares, Schwab Adding International Equity ETFs: Portfolio ProductsMeanwhile, John Hancock plans to liquidate a liquid alts fund.
March 11, 2021
Clients Want Advisors to Use the Latest Tech: Edward JonesThe BD says it has launched new online tools for clients.
March 09, 2021
Digital Financial Firm SoFi Buys a Bank, Seeks National Bank CharterThis is the latest move in the firm's strategy to become a comprehensive personal finance platform.
March 04, 2021
Betterment Acquires Wealthsimple's U.S. CustomersThe deal could add 17,400 customers with $190 million in assets.
February 25, 2021
What if Walmart Launches a Robo-Advisor?The fact that wealth management is a highly regulated industry may protect it from this threat for now, but likely not forever.
February 22, 2021
Goldman to Open Marcus Invest to In-House AdvisorsThe firm says it's working on a version for its 400 Personal Financial Management advisors.
February 16, 2021
Goldman Unleashes Digital Investment Platform for the MassesMarcus Invest has a $1,000 minimum and a 0.35% annual advisory fee.