Robo-advisors give traditional wealth managers an advantage

There is increasing evidence that standalone automated financial advisors, or robo-advisors, will not attract affluent investors on their own, but can provide a competitive edge if included by traditional wealth managers. A survey of wealth managers by GlobalData found that just 10% of private managers worried that they would lose market share to robo-advisors over … Continue reading The world’s largest banks by market cap: a sea of red