Robo advisors

Taking a page from robo advisors, firms must prioritize an intuitive technology experience for clients.

The offering would mirror a similar move by Charles Schwab to offer clients a new pricing plan for its robo service.

Before saving for retirement, young investors are advised to pay down high-interest debts and build an emergency fund, an expert says.

More than one-third of the $1 billion new assets on the digital advice platform are from new clients.

The advice industry’s current structure is “dumb” and in need of fixing, according to Betterment CEO Jon Stein.

The independent broker-dealer differentiates itself from competitors by offering an active portfolio and by giving access to advisors rather than clients.

Since introducing an ongoing fee model, the platform has seen a 25% rise in account openings, according to the firm.

The new digital products are a significant opportunity for the bank, experts say.

Although first written off by industry experts, independent digital-first firms now hold billions in assets.

Aumoted investment platforms are betting investors want to know where companies fall on the political spectrum.