News Topic: Automated investing

New financial products may be exciting for wealth managers — but one group of people isn't benefitting, warns Neesha Hathi, the chief digital officer for Charles Schwab. ... Read full article

Data about client behavior will drive better user experiences. ... Read full article

Big banks and wealth managers are unwilling to sacrifice fee income and make other changes to catch up with their customers' digital demands, fintech leaders said. ... Read full article

In an investor-backed power play, the robo tech firm wants banks to turn to it instead of traditional core software providers as they upgrade to digital-banking-friendly technology. ... Read full article

They will be deployed to the branches and teach veteran brokers how to make use of the firm's new high-tech wealth management tools, the company says. ... Read full article

Banks and startups compete for the same clients, as customers want one source for online checking and investment accounts. ... Read full article

Most big banks are launching robo-advisers to compete for a new breed of wealth management customer. The risk is that automated services will disappoint traditional customers. ... Read full article

Venu Krishnamurthy is joining the asset management giant at a time when it is reorganizing itself and tinkering with product offerings to ward off fintechs and other challengers. ... Read full article

There's no reason that today's millennial-friendly microinvesting apps can't switch focus from spare change to real assets, industry executives warn. ... Read full article

In stunning all-cash $3B merger, every investment adviser is put on notice that the future is in digital wealth management. ... Read full article

BMO Wealth Management aims to modernize its investment service and give advisers better equipment. Others offering automated advice solutions include UBS, Wells Fargo and JPMorgan. ... Read full article

Overstock will offer automated investing to its millions of shoppers. Some financial advisers reacted with a shrug, but are they underestimating the move? ... Read full article

Executives point out while they are fixing the online lender's very public problems, loan originations are still in the billions and it has expanded into wealth management. ... Read full article

Banks' online advice platforms are just the face of a deeper effort to restructure client data and adapt to a digital era. ... Read full article

KeyBank is the latest to join the robo-adviser trend. Its investment services unit just announced a partnership with Jemstep, which is eager to do more such deals with banks now that it is owned by Invesco. ... Read full article

Through the partnership, Clarity Money customers can use Acorns’ automated investing features, while Acorns users can see a snapshot of their investing activity in the Clarity app. ... Read full article

Access to banking information ensures advisers can perform holistic planning, fintech firms say. ... Read full article

Andy Sieg says the firm's digital wealth and mobile app investments are "a key strategic story." ... Read full article