The majority of millennial respondents would choose a human advisor over a robo
Ratings improved for regulators' support of innovation, but there's more work to be done
Digital investment platforms, no longer the threat they once appeared to be, are being embraced by some advisors as key elements of their service. These platforms enable human advisors to devote more time to building client relationships
Younger investors say advisors are less attentive to their needs
Millennials are much more likely to trust a robo-advisor, compared with older generations
Clients who invest $500,000 or more with the robo-advisor will pay 0.4% of AUM
The online platform will continue to operate as a stand-alone business under its current leadership
Wealthsimple Advice offers passive or active portfolios of ETFs and mutual funds
A connection between advisors and their clients through clear communication will ensure advisors survive and succeed
Firms sanctioned for making misleading statements to investors