Robo Advisers to Run $2 Trillion by 2020 if This Model Is Right
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The robots are just getting their metallic feet wet in the investment advisory business.
Well, they're not really robots of course, just software that automatically invests and rebalances according to clients' goals and risk tolerances. But it sure is a lot more fun to think of these "robo adviser" products as actual robots like this one or this one. Unless, of course, you are a flesh-and-blood registered investment adviser, then you probably think of scarier robots like this one and this one.