Their low or no upfront costs can bite down hard on an adviser’s future profits.

Changes in consumer behavior means demand and acceptance of financial advice has changed dramatically, says Deloitte consultant Gauthier Vincent.

Uncertainty still surrounding the fiduciary rule is one reason why advisors say they are not committing to specific upgrades just yet.

In the near future, an adviser's role will partly be providing help desk support to clients, says Uday Singh, a partner with A.T. Kearney, at SourceMedia's In|Vest conference.

Clients expect their emails and texts to be responded to nearly instantly, says Earl Jefferson, founder of Texas-based advisory 7th Harvest Investments.

The online face of the firm allows advisers to tell their stories and engage with potential clients.

Hedgeable plans to offer P2P lending investments, claiming it will be the first digital wealth manager to do so.

Custodian entering crowded field; minimum initial balance will be $5,000.

No financial solution can gain momentum without the collaboration of technology and human capital. But robos are only one small part of this equation.

Consultants are turning to technology as the SEC ramps up RIA exams.

Consultants are turning to technology as the SEC ramps up RIA exams.

The company’s survival may depend on a continuing security awareness training program.

The company’s survival may depend on a continuing security awareness training program.

Advantages include flexibility, lower costs, and less travel time for clients and prospects.

Advantages include flexibility, lower costs, and less travel time for clients and prospects.

A firm’s presence must be relevant and robust.

A firm’s presence must be relevant and robust.

"We are not going to have a separate robo adviser that would disintermediate our existing advisers," says CEO Paul Reilly.