Post Tagged with: "roboadvisors"

Is Human-Robo ‘Hybrid’ Advisory the Best Way to Manage Finances?

Is Human-Robo ‘Hybrid’ Advisory the Best Way to Manage Finances?

by September 6, 2016 at 11:04 am 2 comments

Roboadvisors are hot in financial and wealth management at the moment, despite the fact that “roboadvisor” can essentially refer to any online service that generates automated investment advice. The current debate in fintech is over their use more than their classification; specifically, people are questioning whether they should be used at all,Read More

U.S. Bank Partners with Roboadvisory FutureAdvisor [VIDEO]

U.S. Bank Partners with Roboadvisory FutureAdvisor [VIDEO]

by August 25, 2016 at 12:36 pm 3 comments

U.S. Bank has partnered with investment advisory firm FutureAdvisor to provide automated, or robo-advisory services to its clients at U.S. Bancorp Investments, an affiliate of the bank. FutureAdvisor was bought by the world’s largest investment manager, BlackRock, about a year ago. While roboadvisors have their advantages in terms of cost,Read More

Robos and the DOL Ruling: The Future of Wealth Management

Robos and the DOL Ruling: The Future of Wealth Management

by August 10, 2016 at 3:34 pm 1 comment

Roboadvisors are among the hottest trends in fintech — or invest tech, if you prefer — but a new proposed ruling from the Department of Labor has raised questions, specifically: Are roboadvisors fiduciaries? Robos, which provide personalized advice based on algorithms to clients without any need whatsoever for human interaction, seem toRead More

Ally Buys TradeKing to Move into Wealth Management Sector

Ally Buys TradeKing to Move into Wealth Management Sector

by April 6, 2016 at 9:50 am 1 comment

The branchless financial institution Ally Bank is expanding its offerings with the upcoming acquisition of TradeKing, a wealth management platform, announced yesterday. Ally had floated this ambition back in February. Ally has been adding to the functionality of its mobile app at a fast clip recently. Just last month, the bank announced theRead More