Robo-Advisors
Get the latest news and insights on robo-advisors, and how these developments impact financial advisors, investors, the wealth management industry and more.
Advisors Must Tell Clients About Their Robo Use, State Regulator Says
By Janet LevauxAdvisors must disclose to clients when they use robo platforms and what services those platforms provide, Commonwealth Secretary William Galvin of Massachusetts says.
April 01, 2016
Massachusetts to Scrutinize Robo-Advisors on Fiduciary DutiesRobo-advisors may meet the needs of certain customers, but this alone does not make them investment advisors, Commonwealth Secretary William Galvin said.
February 17, 2016
Why Robo-Advisors Will Fail: FinaMetricaPaul Resnik discusses how robo-advisors are failing to properly assess investors' risk tolerance.
February 01, 2016
Are you competing with a computer?While robo-advisors seem here to stay, can they replace human advisors?
February 01, 2016
Are you competing with a computer?While robo-advisors seem here to stay, can they replace human advisors?
December 31, 2015
Who Wins, Who Loses With New DOL Rule? $3 Trillion in PlayMorningstar's Stephen Ellis looks at the costs, benefits of DOL fiduciary rule, says $3 trillion in assets will be affected.
November 30, 2015
Can Robo-Advisors Really Be Fiduciaries?Can robo-advisors "be neatly placed within our existing laws," SEC Commissioner Kara Stein asks, "or do we need certain tweaks and revisions?"
October 21, 2015
5 Reasons Most Robo-Advisors Are Not, in Fact, AdvisorsEvery advisor should read Melanie Feins report highlighting robos shortcomings, Bob Clark writes, suggesting "digital brokerage platforms" would be a better name.