Get ready for more competition from an onslaught of low-cost, web-based advisory firms. Fueled by what industry sources estimate is more than $200 million in venture capital and private equity funding in 2013 alone, a slew of companies are expected to either come out of a trial period or gain traction after earlier launches. These firms are poised to offer consumers a stark choice between the traditional advisory business model and an online experience.
All Financial Planning articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.