In the News

Title

A Robo Consensus

Document Type

Article

Publication Date

3-29-2016

Abstract

Tadas Viskanta asks a group of well-known, independent financial bloggers a simple question: If venture capital for robo advisors has reached a peak, whither the future? While no one makes specific predictions for specific providers, there is consensus among the cognoscenti: Robos are really robo-allocators, not advice givers; they will be ubiquitous and the large brokerages (Schwab, Fidelity) will dominate the space.