BETTERMENT CEO: Only a few robo-advice startups will survive
By Frank Chaparro
Morgan Stanley, a Wall Street giant, is convinced that only a “handful” of roboadviser startups will survive. The CEO of the largest roboadviser startup agrees.
Roboadvisers provide financial advice or portfolio management online or via a smartphone application. Rather than using human managers to build portfolios, they use algorithms to determine where to invest.Read the Original Article
This article originally published June 30th, 2017 on Business Insider