Suleman Din

The expansion of hybrid platforms and bank digital advice promises big changes and fierce competition in automated wealth management.

A new hybrid robo from Schwab touches off debate about the level of advice delivered by phone and changes in the profession brought by digitization.

Advisers using the custodian's institutional robo platform say they have found ways to make it benefit their practice and helped them rethink the services they offer.

Some advisers expressed concern about the custodian now competing for the same clients they were courting with the institutional version of Schwab's robo.

The broker-dealer's digital offering will be priced "on the lower end of the spectrum," according to top company executives.

Blucora's deal with Legg Mason's Financial Guard shows a way for robo advice providers to stand out in a crowded market.

Robo advisers may have found the answer to a lingering problem for the financial industry: serving the mass-affluent in a profitable way.

In the future, the wealth management client may look different than what you'd expect.

The Silicon Valley-based firm now counts over $500 billion in assets on its platform and more than 200 clients, ranging from banks to family offices.

"Advisers cannot just sell an all-Vanguard portfolio and hope to afford their fee," says Jonathan Steinberg, WisdomTree's CEO.