It Looks Like JPMorgan Is Building a Robo Adviser
- But the bank would rather you call it an “automated” adviser.
- Dimon says the bank spent $600 million on fintech last year.
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In the summer of 2016, JPMorgan Chase & Co. CEO Jamie Dimon said his firm could give clients a free, automated investment service as part of a future bundle of digital-banking products. Well, he just revealed the bank is following through on that promise and building one.