Lauren Foster

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Lauren Foster is managing editor of Enterprising Investor and co-lead of CFA Institute’s Women in Investment Management initiative. Previously, she worked as a freelance writer for Barron’s and the Financial Times. Prior to her freelance work, Foster spent nearly a decade on staff at the FT as a reporter and editor based in the New York bureau. Foster holds a BA in political science from the University of Cape Town, and an MS in journalism from Columbia University.

What’s Next for 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.” Read more

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