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.
Banks, Wealth Managers and Fintech Disruptors Vie to Create 'Goldilocks' Retail Product
By Craig Martin and Mike FoyGoldman Sachs' Marcus introduced a product that is melding three customer-friendly aspects. But it's not alone.
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.
February 11, 2021
Betterment for Advisors Now Lets Advisors Choose the Investments"We're coming for Schwab and Fidelity, though we're obviously much smaller," General Manager Jon Mauney says.
April 21, 2020
Robo-Advisors: Regulators May Be Closer Than You ThinkRight now it might be the Wild West, but sometime soon, robos might find a new sheriff.