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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To understand the challenge posed by big tech disruptors, wealth managers should look at how those firms unexpectedly adapt to enter new markets.
April 25 -
Listen up, advisors — chatbots are talking their way into wealth management. Some see them as part of a low-cost, entirely automated option that commoditizes financial advice even further.
April 18 -
Speculation grows that any retailer with a robust e-commerce platform, physical ubiquity, brand awareness and trust could become a wealth management player.
March 21 -
Financial planners are wary of text-only service options, arguing they would contribute further to the commoditization of advice.
March 14 -
Industry critiques of Wealthfront reflect doubts about first-generation digital platforms.
January 10 -
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