They're creating websites using the same algorithm - based asset management strategies employed by
human financial advisers to provide a wide range of fully automated services at a fraction of the cost.
Websites using the same algorithm - based asset management strategies employed by
human financial advisers are the hot new thing in investing.
It has also expanded the network of
human financial advisers who support clients of its Merrill Edge program, a mashup of robo - advisory and human help.
In other words, many people people with a low level of assets under management are under - serviced by
human financial advisers.
Robo - advice refers to financial advice that's delivered by a computer instead of
a human financial adviser.
Paul Philip, president of Don Mills, Ont. - based Financial Wealth Builders insists there's plenty of investment information out there but most clients need the «wisdom» of
a human financial adviser who has been through all market cycles.
It's like Personal Capital only in reverse, enlisting
a human financial adviser at the very beginning to set your personal goals, then using sophisticated digital services to keep you in the know as you save.
Not exact matches
If it can't — if we
humans are hardwired to engage emotionally only with other
humans — then all those
financial advisers, lawyers, and other relationship workers are safe.
After working with a traditional
adviser for more than a decade, Ken Chin - Purcell, 57, decided to move his money to Personal Capital, a hybrid service that combines digital
financial tools with
human advisers.
And many investors want a small dose of
human contact from their robo
adviser, especially as their
financial lives become more complex.