Guest Opinion: Why Robo-Analysts, Not Robo-Advisors, Will Transform Investing

Guest Opinion: Why Robo-Analysts, Not Robo-Advisors, Will Transform Investing

Robo-advisors and robo-analysts are both important to enabling wealth management firms to cut costs without sacrificing quality of advice, but the importance of a robo-analyst to enhance the quality of investment advice shouldn’t be underestimated. Today, many of the tasks performed by robo-advisors are low value-added services such as determining and communicating asset allocation strategies (e.g., 60% equities, 30% fixed income and 10% cash).

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