As technology continues to change the investment landscape, a new Merrill Edge report has found that nearly 40% of mass affluent Americans are comfortable consulting artificial intelligence for financial advice. But that’s not all… To read the full article in FinancialPlanning, click: 40% of Americans are Comfortable Seeking Financial Advice From AI.
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Wall Street Starts Responding to Robo-Adviser Challenge Big U.S. banks have taken their time figuring out how to deal with robo-advisers, but they’re starting to respond. Some Wall Street banks are rolling out online advisory services, while others are acquiring them or augmenting existing internet platforms. Jon Marino, Wall Street reporter, explains. To read the full article in CNBC, click: Big Banks are Fighting Robo-Advisors Head on.