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Vanguard RIA's growth leaps to $5B of assets per month in 2017 as Schwab's RIA robo jumps to monthly $1.3B

Vanguard Personal Advisor Services now has 500 advisors and Schwab, downplaying robo success, promises more advisors are its 'robo' future

Author Ramsey Flynn May 9, 2017 at 7:12 PM
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Tom O'Shea: Schwab and Vanguard came in, took their ideas and just married them with their well-known brand and they vaulted ahead of the startups.

Stephen Winks

Stephen Winks

May 10, 2017 — 12:43 PM
ROBOs and advice are one in the same, ROBOs just make better use of electronic management of values which are beyond human comprehension. Interestingly this can be quantified though no one wants to do it as centralized portfolio management out performs the individual advisor. Rather than disparage ROBOs it is time to embrace them. SCW
David Goldstone

David Goldstone

June 28, 2017 — 9:34 PM
Where are you getting the numbers of their growth in AUM, is this published anywhere?

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