Robo Advising and The Death of the AUM Business Model for Independent Financial Advisors
November 25, 2017 at 09:00 AM EST
By Mike Garrison via Iris.xyz The canary has died… Recently, one of my clients shared with me that their Broker/Dealer had created their own ‘robo advisor’ platform to help them compete with the likes of Schwab, Scotttrade et al. My response was grim: “They just committed...