Robo-Advisor News

Robo-Advisor News – September 2018 September is a huge month in terms of robo-advisor changes and announcements. Some of the most well-known robos are offering new and innovative services, winning awards, and acquiring new investments—all with the investor’s experience and needs in mind. Even stalwart JP Morgan launched an investment app. This month robo-advisor news brings an exciting announcement from Betterment, a robo-advisor we talk about frequently here at Robo-Advisor Pros. In order to provide even better service to their customers, Betterment is making it …

Active Management Robo-Advisors, the Next Digital Investment Wave One of the most appealing features of the robo-advisor is the fact that you can get the benefits of professional financial management with lower fees than a traditional financial professional. Is the active management robo-advisor next? Did you believe that robo-advisors only offered only limited or passive investing? Not necessarily. Some active management robo-advisors do have those autonomous investing options, certainly, but many robo-advisors also have active management approaches along with human guidance. Click to find out; …

From Free Trades to Travel the World – Robo-Advisors Innovate Just when it seems like there can’t possibly be new and exciting things happening in the investing sector, robo-advisors are there to prove you wrong. This month brought a lot of change in the robo-advisor scene. Although some robos, like Hedgeable and WorthFM, ended up closing their doors this year, we still have a lot to look forward to. Free Trades – Yea! One of the most notable events is that Wealthsimple rolled out a …

Robo Advisors with the Most AUM in 2018 In the financial advisory world, assets under management, or AUM, is a very important metric. Most advisors, both traditional and robo-advisors, earn their income as a percentage of AUM. Experts estimate that robo-advisors could see their assets under management increase by over $800 billion over the next five years as they continue to plow investors’ money into electronically traded funds (ETFs) according to a recent report by PricewaterhouseCoopers. A.T. Kearney estimates that digital advice could grow to over …

TD Ameritrade Personalized Portfolios Strive for Perfection On the heels of Essential and Selective robo-advisory portfolios, TD Ameritrade launches Personalized Portfolios, for wealthier clients. Answering the call for greater human touch and more investment options than the typical digital wealth management robo-advisor, TD Ameritrade’s Personalized Portfolios seeks perfection. Just short of an independent financial advisor, TD Ameritrade Personalized Portfolios targets wealthier clientele than the typical robo-advisor, with a promise of greater services. Read: Best Robo-advisors for Retirees TD Ameritrade Includes a Gamut of Digital Robo-Advisory …

Who Needs a Niche Robo-Advisor? Do we really need niche robo-advisors? In light of the customizability of most robo-advisors, being upset about the closing of WorthFM, a robo-advisor specifically designed for women, could seem hyperbolic. Still, niche robo-advisors are helpful for many different situations. Women might need certain features in a retirement planner, for example. Other investors might want a robo-advisor specially equipped to handle Bitcoin or other cryptocurrency investments. And while some new investors might want to get started with a low-cost robo-advisor, other …

Schwab Explains Robo-Advisors I received this robo-advisor pitch in my email and had to share it: “We know there’s a lot of talk and coverage about robo-advisors, but we’re guessing there are still a lot of unanswered questions as to how they work and how consumers can use them. Given this, I wanted to share a new infographic from Schwab which provides a digestible step-by-step introduction to robo-advisors. I thought this infographic could help clarify common questions for prospective and current investors. Knowing that you have previously …

Robo-Advisor News – Hedgeable Closes to Retail Investors “Hedgeable is restructuring, and we have decided to discontinue our regulated investment management business effective August 9, 2018… On that date, all access to the existing Hedgeable investment management portal will cease to be operational.” ~Hedgeable website Launched in 2010, Hedgeable is one of the earliest robo-advisors. Unlike Betterment and Wealthfront early adopters, Hedgeable took a “hedge-fund” like approach to investing. In contrast with the passive, index fund ETF investing strategy, Hedgeable used alternative investments like precious …

M1 Finance, WiseBanyan, Wealthfront, TD Ameritrade and SigFig Command the Robo-Advisor News Headlines Keeping up with the latest robo-advisor news is a full-time job. From M1 Finance offering borrowing for it’s users to WiseBanyan massively expanding their investment options, the news never stops. Even if you’re not seeking a robo-advisor to manage your investments, learning about this rapidly expanding fintech arena is fascinating for finance and tech enthusiasts. The main themes of innovation are faster, cheaper and better services. The new robo-advisor fintech financial management …

March 2018 Robo Advisor News – Insights and Updates The robo-advisory wars are heating up with new features, lower prices and more. First, M1 Finance eliminated management fees. Next, Ellevest, the women-focused robo-advisor lowered investment management fees and added human advisors, and now TD Ameritrade is ramping up with new changes. With the digital investment landscape running in the fast lane, it’s tough to keep up with the March 2018 robo-advisor news. TD Ameritrade’s Essential portfolios now offers tax-loss harvesting in their taxable accounts. Account holders …