Sharon Adarlo is a Financial Planning contributor and a former technology reporter for American Banker. Follow her on Twitter at @sharonadarlo1.
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The algorithms, which can speed up financial processes by making millions of calculations faster than any human ever could, are not infallible.
July 28 -
Digital-first firms gravitate toward a blogging website that has aired several heated industry debates, a markedly different approach from the cautious way traditional firms present themselves online.
July 21 -
Adam Nashs pugilistic attitude has generated lots of industry buzz. But it remains to be seen whether his brash strategy will garner Wealthfront more clients.
July 10 -
Wealthfront says the move was prompted by a surge of young investors who asked for a lower minimum and to pressure other robo advisors to get rid of fees on small accounts.
July 8 -
Robo startups are expected to reach $452 billion in AUM in five years, but incumbent firms will possess over $1 trillion in assets in the digital automated advice space.
June 22 -
Betterment CEO Jon Stein says his firm is adding 1,000 accounts a week to the tune of about 94,000 with a total of $2.3 billion AUM. Over 30% of assets come from clients age 50 and up, he adds.
June 18 -
Two brothers are behind Webo, which is designed to be a robo that emulates WordPress -- free for any advisor to use and simple to customize.
June 16