Automated investing

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

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

"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.

Executives think algorithmic assistants will be a better solution for wealthy clients than mere software allocating assets for the masses.

Disruption of financial services is not a one-time event. Innovation is shaping everything from consumer behavior and advisers' needs to regulatory requirements.

The wirehouse and other firms aim to cultivate a new crop of tech-savvy FAs.

The robo advice firm says it already has a number of customers with more than $10 million each.

"This space is getting more diverse, and change is coming from all directions," says Alois Pirker, research director for Aite Group's Wealth Management practice.

Banks have warmed up to digital wealth management tools but will need to use their human advisers, too, to beat fintechs.

The digital platform was intended for use by all of the firm's wealth advisers.

Young firm lays off 10; president who lead business-to-business effort resigns.

Ex-Goldman Sachs executive stresses advisers need sophisticated tools to compete in a crowded robo market.

As wealth management innovates, the ongoing trend is toward simplicity, transparency and greater value.

Bill Harris, head of the hybrid advice platform since its launch, will remain chairman.

Corporate Insight opened accounts at the top 13 platforms to perform a behind-the-scenes examination of how they operate and handle clients.

Large financial institutions will be challenged to keep up and stay focused on the rapidly changing robo advice world.

The latest adviser fintech deal sees Oranj taking majority ownership in rebalancing software firm TradeWarrior.

The digital advice firm said lowering minimums to $25,000 was a temporary move.

CEO Jon Stein bemoaned the rule's 60-day delay and mulled what would happen if it was repealed entirely.

Alibaba's founder backs digital advice for China, where e-commerce giants already sell mutual funds.