FeeX technology allows advisors to manage clients' held-away retirement accounts, deepening their impact across clients' entire financial picture.
The pandemic has increased the occurrence of cyber-security issues. Tim Human outlines a recently settled SEC order relating to a pre-pandemic inciden
For instance, Gensler said, “a robo-advisor might steer us to higher-fee or more complex products, even if that isn’t in our best interest.”
The investment industry is not yet ready for full-scale artificial intelligence (AI) to replace high-level human decision making.