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. [Read more…] about Investment industry embraces and fears robo-advisors – but bionic advisor may be the better answer