In addition to online portfolio management, the new platform also offers marketing support and online tools for advisors
BMO SmartFolio has reduced its account minimum to $1,000
With robo-advisor platforms and similar services here to stay, these firms will magnify their existing offerings and enter new arenas
The new platform allows the firm’s advisors to expand their reach and nurture future clients
Some robo-advisors are adding platforms and partnerships to make offering ETFs to clients much easier for mutual fund advisors
The new robo-advisor platform is available exclusively to advisors and their clients and gives mutual fund-licensed advisors access to ETFs
Robo-advice platform aims to make advisors more efficient and productive by onboarding clients and recommending one of five portfolios
Services such as robo-advisors lack the ability to truly understand clients like financial advisors do
RBC InvestEase, which will offer automated investment advice and discretionary portfolio management to consumers, is being tested in a pilot project with employees
Justwealth Financial and Vexo Technology Solutions give mutual fund advisors more options to retain and attract clients