Search Results for: Robo advisers
Robo-advice has been increasingly adopted; FMA seeks feedback on robo-advice exemption
June 21st, 2017
The Financial Market Authority (FMA) of New Zealand has released today an announcement to get feedback on robo-advice exemption. According the announcement issued, the FMA is seeking feedback on its proposals to allow entities to provide personalised financial advice ...
Robo-advice tools in the financial services industry still pose considerable legal risks
September 2nd, 2016
Speaking at The Adviser Network’s Digital Advice Conversations last week, Holley Nethercote partner Grant Holley explained that digital advice presents several legal challenges, particularly for services offering personal advice. For example, advisers are currently required to undertake a review ...
The world’s most valuable bank plans to start a robo-advisory service in 2017
July 21st, 2016
The world’s most valuable bank plans to start a robo-advisory service in 2017, Chief Operating Officer Tim Sloan said Wells Fargo & Co., the world’s most valuable bank, plans to start a robo-advisory service in 2017, Chief Operating Officer ...
The Top 10 Robo Advisors
June 30th, 2016
Here are the best online financial advisors available Online wealth management services — often called Robo Advisors or online financial advisors — use computer models to automatically tailor portfolios for individual investors like you. Services like these also advise you ...
Investors trust the media more than robo-advice, survey finds
March 21st, 2016
More investors trust the media on investment than robo-advice services despite the rising numbers of start-ups and established companies entering the online space, according to Legg Mason’s 2016 Global Investment Study. The survey was completed by 5,370 high-net worth ...
RBC Wealth Management has rolled out a robo-adviser
February 4th, 2016
RBC partners with BlackRock’s FutureAdvisor for robo-adviser pilot program Half a dozen markets will test the new platform before potential approval nationwide RBC Wealth Management has rolled out a robo-adviser for its top advisers in a half dozen teams ...
Major UK banks plan robo-advice launches
January 25th, 2016
Major High street banks are moving into robo-advice world as part of their return to the mass advice market. The Financial Times reported that Barclays, Royal Bank of Scotland (RBS), Lloyds and Santander are developing online offerings for their ...
A robo-adviser may be in the works for Morgan Stanley
October 23rd, 2015
Wealth Management President Gregory Fleming says a digital platform could attract younger clients to the firm Morgan Stanley may be eyeing its own robo advice platform. During the Money Management Institute fall conference on Wednesday, Morgan Stanley Wealth Management ...
LPL Financial: Another broker is looking to launch financial robo adviser
July 30th, 2015
LPL Financial plans to launch robo-adviser in next two months Firm chief Arnold says robo won’t replace financial advisers but will have a place in the market LPL Financial is wading gingerly into the burgeoning automated investment management business, ...
Morgan Stanley puts a digital spin on advisor training
June 22nd, 2018
Morgan Stanley’s digital transformation of its wealth management arm is extending beyond an evolving set of technology tools to its advisor training program. A third of Morgan’s trainees are being inducted into a digital-first approach with the intention that ...
