In|Vest Insights

Wealthbalancer's developers say the multiple question approach employed by competing platforms is too general.

Companies need to be able to pivot, and tech infrastructure can't be a hindrance.

Investment professionals foresaw the greatest risks in flawed algorithms, according to a global survey.

Common-sense advice for aspiring entrepreneurs, including: watch your pennies, live in the right places and choose your associates carefully.

Firms must invest in digital capabilities, says A.T. Kearney's Uday Singh, but they need to balance that evolution to allow for the human touch to remain in a central role.

"Asking more questions or a specific number of questions isn’t necessarily going to make the suitable and fiduciary responsibilities any better," says FutureAdvisor's co-founder Jon Xu.

Current risk tolerance questionnaires fail to add any perspective and context to what the risk score means. It's time to take a closer look.

"Direct-to-consumer is not our model," says Scott Curtis, president, Raymond James Financial Services.

A recent FINRA report actually bolsters arguments against investors using automated advice, according to the author of an agenda-setting study on digital advice and investment law.

It is the latest entry into a market which has seen several platforms launches as well as partnerships to provide advisors with tech tools.