Robo-advisors are changing wealth management

Robo-advisors are changing wealth management It’s here. The rise of the machine. Or perhaps a more appropriate phase would be the tsunami of robots, as technology sweeps across industries, disrupting the norm and throwing civilians jobs into question. First it was the industrial industry, now the tidal wave has reached the financial industry – with wealth management at the forefront of FinTech investment. Automated financial advisors, also known as…

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The Week in Numbers – 21st December

The Week in Numbers £6m – Size of FCA fine imposed on Threadneedle Asset Management for allowing a fund manager to book a trade that could have caused a £72m lose to client funds 5 – Number of firms the FCA is considering taking enforcement action against following the findings of a thematic review into wealth managers 0.44% – Charge for the eVestor robo-advice service to be launched next…

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