robo advisers
The future of the investment management industry is online and advisers will render themselves obsolete if they don't figure out how to add value beyond just overseeing portfolios, Randy Cass, CFA, told delegates at the CFA Institute European Investment Conference. The good news is that advisers who can add value for their clients are secure. “In fact," Cass said, "the commoditization of portfolio management and asset allocation is probably the best thing that could ever happen to them.”
Randy Cass, CFA, thinks that the legacy of robo advisors will mean dramatic changes for the investment industry’s future.
Many working in the financial industry are concerned about how fintech will affect their employers and their own career prospects. With the goal of bringing more clarity to this issue, Larry Cao, CFA, shares the stories that taught him the most about the subject in 2016.
Fintech will have a significant and potentially revolutionary influence on a broad set of sectors within the financial services industry and across the globe. So what aspect of fintech has the potential to most transform the finance sector? We asked readers of CFA Institute Financial NewsBrief to find out.
Whether clients choose to work with an automated or a flesh-and-blood investment adviser, it is paramount that they select one that has a similar investment philosophy, recognizes what the client will and will not abide by in specific investment situations, and is committed to working as a trusted partner in achieving the client's long-term investment objectives.
What will 2016 look like for the US wealth management sector? We asked April Rudin, founder and president of The Rudin Group, to share her predictions and analysis.
How is the war between robo-advisers and traditional registered investment advisers (RIAs) going to play out? Wesley Gray offers some predictions on the potential losers and winners based on the current trends in the market.
Beth Hamilton-Keen, CFA; Patrick O'Shaughnessy, CFA; and Jason Zweig discuss effective ways for financial advisers to serve millennial clients.
More fee-based advisers, impact investments, and a growing market for financial advice: April Rudin on the future of private wealth.
Every generation has unique attitudes, values, and quirks that distinguish it from its parent generation. Two of the most distinguishing features of millennials are increasingly high levels of education and technological prowess. These new attitudes are remarkably reflected in how millennials use money.