Investment industry embraces and fears robo-advisors – but bionic advisor may be the better answer

robo advisor

High net worth investors need and want human advice backed by technology for better recommendations, reporting and access, says InvestEdge

The future of investment advice isn’t a battle of man versus machine, according to a commentary from InvestEdge.

The investment industry is excited – and fearful – about the rise of “robo-advisors”, systems that give automated investment advice. Robo-advisors offer investors lower costs and minimums, and some worry they will wipe out traditional “human” investment guidance. Continue reading Investment industry embraces and fears robo-advisors – but bionic advisor may be the better answer