• Log In
  • Register
  • Categories
    • Crypto
    • Digital Banking
    • Fintech
    • Lending
    • Payments
    • Regulation
  • News
    • Daily News
    • Fintech Ticker
    • News Roundup
    • Send News Tip
  • TV
  • Webinars
  • Podcasts
    • Fintech One-on-One Podcast
    • PitchIt Fintech Startups Podcast
  • Events
  • Subscribe
  • Pitch story
  • Search
Home
robo-advisors
Random
  • Latest
  • Oldest
  • Random
  • A to Z

robo-advisors

Jan. 8, 2020

Financial Advisors Believe Their Days are Numbered

According to a new survey by Greenwich Associates 43 percent of financial advisors believe there will be fewer advisors in...
Read Full Story
Dec. 16, 2016

BI Intelligence Provides Report on the Fintech Market

Business Insider Intelligence has released a report covering all aspects of the fintech market; says annual financing globally for fintech reached $15 billion in August which is likely to surpass the total of $19 billion financed in 2015; Chinese fintech investments and insurtech have been catalysts for growth in 2016; robo advisors and blockchain are also two of the market's rapidly growing, emerging technologies.  Source

Read Full Story
Jan. 16, 2018

M1 Finance Dealing with Backlash from Robo Advisory Peers

Investing startup M1 Finance decided in December that charging 25 to 40 basis points was not working, so it decided to allow users to use their platform for free; since shifting to the free model the company has seen more than $1mn a day come onto the platform; rival robo advisors like Betterment and Wealthfront think the move is an act of desperation, though both companies offer or have offered some version free services; CEO of M1 Brian Barnes tells Business Insider, “M1 is very limiting from a trading perspective but it is a phenomenal tool for building a portfolio for the investments you want." Source.

Read Full Story
Jan. 10, 2017

UK Robo Advisor Scalable Reaches New Milestone

Scalable has reached 100 million British pounds ($121.72 million) in assets under management for its robo advisory services; the firm has been averaging new business of 5 million British pounds ($6.09 million) per week and has over 2,500 customers; it offers low fees and daily investment monitoring with risk focused algorithms.  Source

Read Full Story
Mar. 21, 2017

Goldman Sachs Exploring Robo Advisory Services

Goldman Sachs appears to be planning for a robo advisory service offering; the firm is advertising a job posting for a GSAM Technology digital experience developer that would build an automated robo advisory platform complementing the firm's asset management business; the bank's private wealth management business focuses on client's with approximately $50 million in investable assets; it has been broadening its client demographic recently by including business and retail products for investors with $1 million or less; a robo advisory service would add to other recent product expansions including the acquisition of GE Capital's online bank, Marcus and Honest Dollar.  Source

Read Full Story
Feb. 2, 2017

French Robo Advisor Yomoni Raises $5mn

Yomoni has raised $5 million from Crédit Mutuel Arkéa and Iéna Venture; the firm provides a robo advisory service in France where the concept of robo advice is still very new; the firm will use the funds to expand its workforce and add new features; fees for the service are approximately 1.60% per year; the firm currently has $12.9 million in assets under management and is targeting $1.08 billion by 2020 with plans to potentially expand in Europe.  Source

Read Full Story
Apr. 5, 2018

New Automated Aggregator Launches for Digital Wealth Advisors

UK based Pia, personal investment assistant, is testing their new aggregator platform to help people find the best digital wealth advisor; “We spent time speaking to people who said we need to launch a product that’s far more accessible, interesting and engaging for somebody that doesn’t have a lot of investing experience and don’t know where to start,” said co-founder James Mackonochie to TearSheet; the difference between Pia and a typical aggregator site is they will use an AI powered chatbot to customize the user experience. Source.

Read Full Story
Jan. 17, 2017

Robo Advisor Developing Services for Australian Superannuation Funds

Australian robo advisor SuperEd is seeking AUS$6 million (USD$4.53 million) to expand its services; the founders expect to use the funds to provide white label robo advisory services for Australian superannuation funds; the robo advisor is also developing tools for analyzing retirement income from the funds.  Source

Read Full Story
Jan. 18, 2017

Robo Advisors Driving Computerization

Established fund management companies are leading the next wave of market computerization through investment in robo advisors; robo advisors offer automated investment options with lower fee structures; investment managers are buying and integrating these services to expand their offering and mitigate competitive factors; a partnership between John Hancock Financial and NextCapital is one of the latest examples; other deals have included SigFig with Wells Fargo and UBS, BlackRock with FutureAdvisor and Fidelity with eMoney.  Source

Read Full Story
Dec. 12, 2016

Robo Advisors Taking Hold in China

Investors in China are increasingly looking for an unbiased, lower cost option for managing their wealth; robo advisors are beginning to fill that void; the new firms are helping the non ultra rich access markets and helping the wealthy allocate their money without fear of a broker who is thinking of the corporate firm; though the data on robo advisors in China is currently thin, China Merchants Securities Co. believes that assets managed by robo advisors will reach over $750 billion by 2020.  Source

Read Full Story
Load More
  • About
  • Contact
  • Cookies
  • Disclaimer
  • Our Team
  • Privacy Policy
  • Terms
  • Write For Us
Copyright © 2022 Lend Academy
  • Contact Us
  • Curated News
  • Fintech Ticker
  • News
  • News Roundup
  • Opinion
  • Our Team
  • Subscribe
Start typing to see results or hit ESC to close
lis digital banking USA Bottom 7 Lending Club
See all results
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Powered by CookieYes Logo