.jpg){kind=avatar}
The service, whose portfolio management will be done by SigFi algorithms, will be targeted a younger age group who don't have an existing WF relationship with a minimum investment of $10k and a 50bps fee.
{
A pilot roll-out of the robo-adviser among Wells' brokers will begin in the second quarter, the bank said. A customer pilot is expected in the summer. The latest research from InvestmentNews finds that offering a robo-advice platform may not be right for all advisory firms, but that all firms can learn how to harness technology to offer innovative service. The "2017 InvestmentNews Adviser Technology Study" details how independent advisory firms are approaching the quickly evolving robo-advice technologies at their businesses.
More posts by Sean Lippel
Recent posts from News by FinTech Collective