 Today’s independent advisors must make not one, but multiple strategic decisions to successfully face the changing environment around them and capture the potential opportunities ahead."Bernie Clark, EVP, Schwab Advisor Services |
RIAs Worry Over Aging Clients & Robo Advice
Megan Leonhardt | wealthmanagement.com, June 2014
Read the article online >Summary: While some broker/dealer executives may be brushing aside the potential risk of emerging online advice platforms, almost half of RIAs are not quite as confident. In Schwab’s 2014 Independent Advisor Outlook Study—which surveyed 720 investment advisor firms—44 percent saw the online platforms as a threat, while 56 percent said “robo advisors” could supplement their current offerings and help grow the business.
Be the first to comment on this Article
