Robo advisors

The manager allegedly led a $33 million funding round for Scalable alongside the startup’s two existing venture capital investors.

RIAs using digital platforms will face scrutiny about disclosure and client communications.

One of the fastest growing RIAs in the industry, Mercer Advisors expands its tech expertise by bringing aboard Dave Welling, of financial software firm SS&C Technologies.

Automate mundane tasks to concentrate on the personalized service that a client values the most, industry experts say.

The promotion comes as wealth management firms accelerate efforts to roll out digital advice platforms.

Everyone wants technology to streamline processes, but clients' complex problems create hurdles to achieving that goal.

In a fiduciary world, well-designed digital advice will outperform humans, argues a UPenn legal expert.

The new offering is intended to offer passive index and ETFs that track markets as well as active.

The challenges of new regulations may actually allow independent firms to grow and thrive—particularly those which embrace these four advice-centric features.

"We're not going to proscribe any way for clients to access us," says Mark Jordahl, president of U.S. Bank's wealth management group.