Summary: According to new data from Corporate Insight, online financial advisors increased their total assets under management by 11 percent in the first six months of 2015 to a total of $21 billion, even as markets remained relatively flat. Assets are up 34 percent since July 2014.
 New online advice solutions from both large and small firms deserve credit for helping create competitive pressure for lower costs, greater transparency on pricing and performance, and raising the bar in terms of website and mobile platform capabilities. All of these developments benefit consumers.” Sean McDermott, analyst, Corporate Insight |
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