Covestor becomes latest robo site to sell out and become a bauble on bigger chain
Interactive brokers buys the New York-based SMA-robo that has struggled to gain assets
|April 24, 2015 — 7:30 PM UTC|
Unfazed by declining assets, VC-backed Covestor has another go with a new CEO and some concessions to the old-fashioned machinery of investment advice
The good news is that it has 400 clients -- up from 150 a year ago -- but can the company still be seen as primarily web-based?
|March 23, 2012 — 4:25 AM UTC|