Automated investing

The robo adviser expands its offerings and is developing a memo to answer concerns after the firm temporarily suspended trading the morning after the Brexit vote.

Every firm's focus is on capturing a share of the predicted $7 trillion market by 2020.

"We see a narrowing of players," says Alois Pirker, research director for Aite Group's Wealth Management practice.

The fifth-biggest bank in the U.S. strikes deal with BlackRock’s FutureAdvisor to offer automated investing service.

Drivers in Seattle, Boston, Chicago, and New Jersey will be offered IRAs first, with plans to expand to other cities later this year.

Kavout and qplum claim their technology and founding teams set them apart from competition in the space.

Banks are creating tech to do chores previously performed by people in operations, wealth management, algorithmic trading and risk management.

One criticism of online advice providers is that they must improve how they communicate to their customer what to expect when support is provided.

The digital M&A trend has much in common with the wildly popular game app.

"The business model of the asset management industry is really archaic," says Scott MacKillop, founder of First Ascent Asset Management.