Chris Hogg has been tapped to run the robo-advisor’s new tech platform
The new service is intended for advisors who have clients with smaller accounts they want to keep on, but don’t meet minimum account requirements
The launch of BMO SmartFolio will lead startups to up their games and traditional firms to launch similar services
Personal Capital, which targets mass affluent and high net-worth, will give IGM exposure to the growing digital wealth-management business in the U.S.
Individuals are able to upload their statements to Wealthsimple for review, and an advisor with the firm will look to see how the person’s finances can be improved
Advisors will be able to send invites to clients they feel would best benefit from the robo-advisor’s services and then monitor those clients’ portfolios and track their success
Nicola Wealth Management and Howard Atkinson have invested in the robo-advisor, which is looking to add a platform for financial advisors and financial services firms
The bank’s senior counsel points to data that show the market for online advice services is growing rapidly
Robo-advisors are expected to add more sophisticated ETFs to their product lineups as the ETF industry continues to expand
Robo-advisors may be relative newcomers to Canada’s financial services sector, but these firms are beginning to offer expanded slates of specialized investment products. Recently, for example, Toronto-based Justwealth Financial Inc. entered the market, offering clients target-date portfolios for registered education savings plans (RESPs). And Toronto-based Wealthsimple Financial Inc. is making forays into socially responsible investing […]