Robo Advisors

Advisors can already pick from dozens of tech products that use generative AI to automate aspects of their work. How long will it be until we see an end-to-end generative AI platform that does everything a human advisor can do, just as well as they can - if not better?

I have indicted the securities industry for spreading “a web of deceptions that have become conventional wisdom.” But a small part of the industry does provide products and services that are beneficial and necessary. That is the subject of this article.

With the right tech in place, advisors can access reliable, high-quality models that can be used repeatedly across their book of business.

Here are the top 10 questions (and answers) about advisor marketing for 2024.

Could Toyota, not Tesla, be at the forefront of a significant technological advance for automobiles?

I had a recent experience with an ultra-high net-worth investor that was disturbing.

If investors needed another sign the heyday for meme stocks has passed, an exchange-traded fund designed to ride the pandemic-era rise of retail traders is shuttering after just two years.

In the next year, we will see the introduction of the fully functioning, digital-human financial advisor.

How do you stand out in the crowded inbox and get more email opens?

Here are four things advisors get wrong about tax-loss harvesting.

Nvidia Corp. is poised to become the world’s first chipmaker with a $1 trillion market capitalization, joining an exclusive club of American companies with a valuation that high.

AI’s arrival will have an increasingly large impact on our lives. That includes investing and, especially, other aspects of financial planning.

It is challenging to deal with clients who are so clearly stuck in their financial pasts. Strong emotions don’t lead to calculated financial decisions, after all, which makes doing your job much harder.

When it comes to the clients they serve, advisors need to think about the now and the new, not the next, and step up their offerings in key areas.

The process by which advisors select a TAMP is the latest illustration of fiduciary failure, and the SEC has responded with ominous rulemaking that will have questionable value to our profession.

I’m looking over my previous “trends” article, published at this time a year ago, and some of my ”fearless predictions” were outlandish then but now seem ordinary. That means I did something right.

Financial planning can be opaque, vague, and perceived as non-valuable by the consumer. I’m about to give financial planning a transparency makeover.

A hybrid model that combines sophisticated digital capabilities with human expertise and advice is not just today’s reality but will be a key differentiator for winning customer relationships.

Elon Musk has wasted no time in showing the world that Twitter Inc.’s new sheriff is in town — or rather its “chief twit” is. That was his new Twitter bio last week when he walked into the company’s San Francisco headquarters holding a sink, a gag prop for a tweet.

The Harvard Business School’s Michael Porter is the leading authority on industry structure and competitiveness. His framework shows how RIAs should think strategically about the current state and future evolution of their industry.

Elon Musk is reviving his original $54.20 takeover bid for Twitter Inc., perhaps because he doesn’t want to go through a legal process that divulges more embarrassing text messages.

The Supreme Court’s decisions on abortion and gun safety reinforced how ideology polarizes politics and prevents civil discussion and progress. Market ideology has also polarized discussion and harmed advice standards.

Here’s how financial marketers can repurpose virtual meetings and video content.

Several avenues for diversifying cryptocurrency portfolios exist. Investors should weigh the costs and benefits of each of the following three methods.

I require clients to send me their most recent tax returns. Here are the insights I learn and how it provides a ton of value to clients.

Jasmin and Ryan recently exchanged ideas about trading apps and new software that can help educate investors about key investment principles.

Cryptocurrency exchanges and other financial services companies were stars amid a Super Bowl ad blitz that featured the return of many longtime sponsors and an overall more celebratory mood than last year.

UBS made a huge investment in acquiring the robo-advisor Wealthfront. But neither this investment nor any other robo pose a threat to traditional financial advice.

You might think that the IPO of electric-truck wunderkind Rivian Automotive Inc. — with its valuation soaring past $100 billion on zero revenue — perfectly captured the madness in autos in 2021.

Cryptocurrencies had a blockbuster year in 2021 by almost any measure. Bitcoin, Ether and other coins jumped, reaching new highs far beyond their previous peaks.

It has been my tradition to informally rate the investment-related books I read in the past year. I have also included some novels and books of general interest. Here is my list of winners and losers.

Although electric cars will become predominant, the industry will remain highly competitive and capital intensive. Over the next decade, it will be difficult for investors in auto manufacturers to earn meaningfully positive stock returns with the outlook for investment in electric vehicle specialists being particularly bleak.

In addition to the robo-advisors discussed in Part I and Part II of our series, traditional investment companies, including Goldman Sachs, Vanguard, Schwab, and Merrill have developed their own robo-advisory services.

In part two of this series, I review three additional robos: Albert, Ellevest, and Stash.

With so many robo-advisor choices, individuals are struggling with which one to use.

In August, the Israeli brokerage eToro hired Lule Demmissie, a longtime wealth-management director at TD Ameritrade and, more recently, president at Ally Invest, to head its growing presence in the U.S. Demmissie, who moved to the U.S. from Ethiopia when she was a teenager, has a lot on her plate.