Wednesday November 16, 2016

Wells Fargo To Use 'Robo-Advisers'

What's the old joke about investment advisers? If they were any good at their job, they wouldn't still be working for a living. That said, would you take investment advice from a robot? Think about that for a minute. Yikes! eek!

"As we continue to invest in technology that serves the evolving needs of our clients and our advisors, this offering will mark an important step forward in delivering financial advice to the next generation of investors, while building a long-term pipeline for our full-service business," said David Carroll, head of wealth and investment management at Wells Fargo.