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.
Robinhood to Double Its Registered Rep Force in 2021
By Jeff BermanThe recruits will provide customer service, not investment advice, the company says.
April 13, 2021
Betterment, SoFi Expand ServicesBetterment launched a no-fee joint checking product and its 401(k) service added a new partner. SoFi launched an auto loan refinancing service..
March 30, 2021
Banks, Wealth Managers and Fintech Disruptors Vie to Create 'Goldilocks' Retail ProductGoldman Sachs' Marcus introduced a product that is melding three customer-friendly aspects. But it's not alone.
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.