Implementing automated workflows can help advisors keep up with client demands while increasing personal contact.
Robo-advisors will fail as they lack sustainable business models, branding opportunities and the ability to compete in a bear market.
Morgan Stanley's new robo-advisor is set to compete with other firms in an attempt to retain younger clients, but it may not help their bottom line.
For one advisor, the core values of the medical profession—being caring and highly responsible—fit with his beliefs.
Doctors are vert likely to look for professional financial advice — but they have certain criteria in choosing an advisor.