As the robo-advisor marketplace becomes increasingly crowded, it is not surprising that innovators are beginning to explore alternative revenue generation models by addressing pain points that traditional investment advisors face. Wealthsimple’s recent partnership with Forstrong is an example of this, which offers advisors cost-effective access to Forstrong products with no minimum account size.
Fidelity’s Tech Upgrade Includes Data Aggregation and Insights
Fidelity released details of new technology tools coming to Wealthscape this year, including data aggregation, analytics and a digital marketplace.
The Rise of Wealthtech: Infographic
Evolving consumer expectations, the rapid adoption of technology and new competitors entering the markets are placing new demands on today's wealth managers.