Estimated reading time: 0 minutes, 15 seconds

Are Robo-Advisors a Threat to Brick and Mortar Advisors?

Saturday, Apr 19 2014
News Roundup
Written by  PFA News

Robo-Advisors, or automated online advisors, aren’t a threat to traditional financial advisors because the web offerings typically target clients with only $20,000 to $30,000 in investible assets. So reports the Business Insider.

In comparison, brick and mortar advisors target clients with at least $500,000 in assets.

Read the full article from Business Insider.

Read 6223 times
Rate this item
(0 votes)
More in this category: « Merrill Creates Distinction for Top Brokers Average Health Costs Could Exceed Social Security Benefits »

Visit other PMG Sites:
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline