Post Tagged with: "roboadvisors"

3Q Fintech Funding Slows; Blockchain, Robo Advisors Face Challenges

3Q Fintech Funding Slows; Blockchain, Robo Advisors Face Challenges

by November 17, 2016 at 12:32 pm 0 comments

Exhibits No. 1 and 2: Brexit. The U.S. Presidential election. It’s all their fault that funding for fintechs continued to fall in the third quarter. (We’d also add that the exuberance in the first part of 2015 was making some investors nervous.) Now that we’ve gotten that out of theRead More

Roboadvisor Startup Hedgeable Pivots to Small Business Owners

Roboadvisor Startup Hedgeable Pivots to Small Business Owners

by October 7, 2016 at 9:54 am 1 comment

Hedgeable, the roboadvisor geared to you-know-who, is expanding its target audience to small businesses. The nation’s biggest generation– yes, it’s millennials again — wasn’t big enough. Hedgeable isn’t the only startup looking beyond millennials and consumers in general to pitch its wares. In the past decade, many fintechs in wealthRead More

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