JPMorgan Chase & Co., which is building an automated investment service for its wealth-management division, previously looked at buying one instead.
The largest U.S. bank explored acquiring robo-adviser SigFig Wealth Management LLC in 2015 to speed up its technology push, people briefed on the talks said. The conversations took place before SigFig agreed to a partnership with UBS Group AG’s Americas wealth-management business in 2016.
