Would you let a robot manage your money?
By Steve Butler
Sheryl Garrett spent years building her own business — giving people financial advice and charging by the hour. And then she set out to establish the Garrett Planning Network of financial planners, essentially a mutual help group of more than 300 men and women in the same business. It has flourished, and even President Barack Obama found time this year to praise Garrett by name as one “of a whole lot of financial advisers out there who do put their clients’ interests first” — and not one of those “gunslingers of the Wild West.” But are these Lone Rangers of the financial business about to be challenged by a really smart robot? “I expect that to be realized in the next five years,” Garrett tells OZY.