Bank of America, UBS, and Morgan Stanley are leading the traditional global wealth-management industry, with each responsible for managing more than $1 trillion in investors\u2019 assets. These firms continue to draw multimillion-dollar clients, however, at the same time, many other leading wealth management firms are working on adopting robo-advisor along with their human financial advisors to help increase value for clients across different wealth spectrum.<\/p>\n
Wells Fargo expects to launch its robo-advisors service early 2017, aiming to capitalize on its rich bank resources, intellectual capital and investment unit. Wells Fargo currently has more than 15,000 advisors with $1.4 trillion in client assets. The company believes that their clients are ready for this type of investment choice. Wells Fargo\u2019s approaches to robo-advisors is a tremendous opportunity for the consumer and the financial advisor to utilize the robo-advisor platforms.<\/p>\n
In the near future, certain amount of large firms will build their own platform of robo-advisory service, while mid-sized firms might buy independent robo-advisory firms. Smaller firms or start-ups may incorporate a branded industry solution.<\/p>\n
<\/p>\n
Source: http:\/\/www.investopedia.com\/articles\/insights\/072216\/wells-fargo-launch-roboadvisor-2017.asp<\/a><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Bank of America, UBS, and Morgan Stanley are leading the traditional global wealth-management industry, with each responsible for managing more than $1 trillion in investors\u2019 assets. These firms continue to draw multimillion-dollar clients, however, at the same time, many other leading wealth management firms are working on adopting robo-advisor along with their human financial advisors … Continue reading Wells Fargo to launch Robo-Advisor in 2017<\/span><\/a><\/p>\n","protected":false},"author":1813,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-658","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":0,"qubely_featured_image_url":null,"qubely_author":{"display_name":"ysong2","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/ysong2\/"},"qubely_comment":0,"qubely_category":"Uncategorized<\/a>","qubely_excerpt":"Bank of America, UBS, and Morgan Stanley are leading the traditional global wealth-management industry, with each responsible for managing more than $1 trillion in investors\u2019 assets. These firms continue to draw multimillion-dollar clients, however, at the same time, many other leading wealth management firms are working on adopting robo-advisor along with their human financial advisors…","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1813"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=658"}],"version-history":[{"count":1,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/658\/revisions"}],"predecessor-version":[{"id":659,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/658\/revisions\/659"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}