Invesco, the parent company of UK-based Invesco Perpetual, appears to be taking an increasing interest in robo-advice and passive investing. In April the company acquired exchange traded fund company Source, for a rumoured $500m (£390m).   Simon Roy, president and CEO of Jemstep, says the service will help financial advisors face the rapidly changing technological landscape.   “The independent financial advice industry is evolving rapidly, and advisors need next-generation tools in order to provide clients with the service experience they deserve while keeping their practices running at peak efficiency,” he said.

http://www.altfi.com/article/3209_invesco_co_launches_robo_advice_platform_for_financial_advisers