Robo-Advisors (Robo-Advisers)
The room for partnerships in 2019 extends throughout the wealth-management pipeline, says April J. Rudin.
Artificial intelligence will change the world for customers across all industries, says Barbara Stewart, CFA. But a few things won’t ever change. People want respect.
Much of the financial management industry has concluded that exchange-traded funds (ETFs) are the future of robo advice, says Dan Tammas-Hastings, CFA. That is naive.
April Rudin, founder and president of The Rudin Group, spoke about the disconnect between clients and firms; the "new" client experience; and why she believes 2018 will be the “Year of the Client," in an interview with Lauren Foster.
An unorthodox solution to the US retirement crisis from Sloane Ortel; a discussion of Nobel laureate Richard H. Thaler's contributions to economics by Lauren Foster; and an analysis of the value of self-awareness by Jim Ware, CFA, are among the top EI posts from October.
How will artificial intelligence (AI) affect the world of retirement accounts, specifically defined contribution (DC) plans? Sahil Sethi, CFA, anticipates several stages of development.
Can robo-advisers replace human advisers? Not if the goal of the relationship is to increase clients' well-being, says Meir Statman. Why? Because that requires human interaction.
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.”
Neal Cross, chief innovation officer of DBS, shared three truths and two myths about fintech with Larry Cao, CFA, in the latest installment of the Fintech Files.
In this book, a wide range of topics in the financial technology (fintech) space — including lending, payments, remittances, capital and investments, compliance, analytics, security, identity, cryptocurrencies, blockchain technology, behavioral biometrics, important fintech hubs, collaborations, and the API (application programming interface) economy — are addressed. This cross-discipline, hands-on, and comprehensive compendium can benefit all players within fintech, including investors, entrepreneurs, incumbent institutions, and regulators.