Articles tagged "Will Trout"


HeadlinePublish date

Schwab unveils its virtual future to plaudits but using green CFPs as its real people, mandatory 6% cash, could prove troublesome

Move to launch 28 basis-point Schwab Intelligent Advisory by summer checks all boxes on price, robo, planning, ETFs -- and commoditizes what RIAs sell for three times the fee

December 15, 2016 — 6:11 PM UTC

Fidelity launches new robo as Schwab's hits $8.2 billion in assets

The Boston giant differentiates itself by its promise to keep cash holdings at less than 1% and in having a published fee -- albeit a floating one

July 27, 2016 — 4:06 AM UTC

Talent exodus hits Wealthfront including heads of product, marketing and compliance

Elliot Shmukler is credited with much of the product development that vaulted the robo from $150 million to $3.5 billion

July 26, 2016 — 10:08 PM UTC

Betterment shut down trading post-Brexit to dodge 'trading blindly into extraordinary volatility'

The New York-based robo takes a 150-minute time-out saying to do otherwise would have been 'irresponsible'

June 24, 2016 — 7:08 PM UTC

Betterment raises $100 million a year after a $60-million round, enabling it to step up efforts to win the HNW wallet

The conversation is moving from play money to competing with Fidelity, Merrill Lynch and Schwab as it seeks build out a full-service offering to win plan sponsors, rich individuals and RIAs

March 29, 2016 — 11:57 AM UTC

How exactly Invesco plans to get a return on its Jemstep robo purchase with a TAMP-evoking strategy

The $800-billion Atlanta money manager is trying a modern model portfolios play on buying distribution for a more prominent seat at the table

January 13, 2016 — 9:39 PM UTC

Vanguard's virtual RIA adds $10 billion in last six-month period, an acceleration to $1.6 billion per month of net new assets

Does Vanguard's Personal Advisor Services' zoom to $31 billion makes it a the 'single greatest threat' to classic RIAs?

January 12, 2016 — 10:40 PM UTC

Wealthfront takes on another Facebook vet -- a clue that going dark in Palo Alto doesn't mean going away

The last-standing pure B2C robo hopes to outwit, outlast, and outplay its competitors by out-hiring them

December 3, 2015 — 6:15 PM UTC

With RIAs deliberately not in mind, Fidelity Investments launches Fidelity Go, a robo-advisor with the human touch of Vince Gubitosi

The Boston investments firm is using Geode Capital to call the shots, BlackRock as ETF supplier, and its own employees as its initial test subjects

November 20, 2015 — 10:32 PM UTC

Betterment hires an RIA chief who reframes the vision from 'robo' to 'one-throat-to-choke' custodian -- and viable Schwab competitor

Fresh off selling Upside to Envestnet, Tom Kimberly is Betterment Institutional's general manager and architect of a new vision

November 19, 2015 — 12:31 AM UTC