CHARLOTTE -- Don't fear the robo advisor, says an expert offering an approach for dealing with the threat of digital platforms.
Tom Nally, president of TD Ameritrade said he believes the fear of robo advisors is overblown and unfounded. Nally, answering a question on how advisors can combat their online rivals from an audience member at the NAPFA Evolution Now conference, said the two shouldnt even be compared. I personally think its an apples and oranges conversation, he says.
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