The robo-advisor says costs will be lower than other group plans and individual employees will have dedicated advisors
Although banking clients said they prefer the benefits of receiving automated advice, most will continue to need some form of personal advice
Advisors can show their worth during volatile markets, and with complex financial planning needs
Embrace technology, and make sure your clients understand your value
Although Responsive’s services have higher fees than other robo-advisors, these will be justified when markets take a downward turn, says the firm’s CEO
Advisors who develop such partnerships could find efficiency and scale in their businesses, which could help improve overall productivity
Digital wealth-management platforms are aiming to make life easier for traditional advisors
There's much debate about how robo-advisors will impact the traditional financial services sector
A new Department of Labor rule coming into effect means robo-advisors may not meet the obligations because of the online onboarding process they employ
Chris Hogg has been tapped to run the robo-advisor’s new tech platform