Responsive’s technology has a three-year track record helping manage more than $1.2 billion of institutional and high net-worth capital
To take advantage of robo-advisors, advisors themselves can treat these fintech disrupters as the information manager while advisors themselves focus in on the client relationship
Financial advisors surveyed for Investment Executive's 2016 Report Card series don't consider the emergence of robo-advisors anything to fret about
Scalability is a huge issue for robo-advisors
Focus is on small businesses’ pensions
Fidelity Go is targeted at investors with a minimum of US$5,000 in investible assets
The robo-advisor says costs will be lower than other group plans and individual employees will have dedicated advisors
Although banking clients said they prefer the benefits of receiving automated advice, most will continue to need some form of personal advice
Advisors can show their worth during volatile markets, and with complex financial planning needs
Embrace technology, and make sure your clients understand your value