February 08, 2017

Taking the Robo out of Robo-Advice: TD Ameritrade’s Green Room Guy Heads up New Ad Campaign

The brokerage industry has seen an explosion of new digital advice offerings over the past year. Because many of these offerings provide investors comparable returns at comparable prices, it has become increasingly important that these firms distinguish themselves from competitors, and corporate branding is an obvious way to do so. Shortly following the launch of […]

December 06, 2016

Robos Set Their Sights on Retirement Plan Providers

In just a few years, digital advice – or “robo” advice – has almost become a table-stakes offering in the brokerage industry. While much of the attention paid to digital advice focuses on the wealth management industry, fintech firms can be found throughout the financial services ecosystem, including services that aim to disrupt banking, payments […]

November 21, 2016

New Study Available – Next-Generation Investing: The Incumbents Arrive

After spending years watching from the sidelines, incumbent investment firms are embracing digital advice services. Since spring 2015, nearly all the major U.S.-based hybrid brokerage firms have introduced proprietary digital advice solutions or announced their plans to do so soon. Meanwhile, many full-service firms are partnering with digital advice providers such as BlackRock/FutureAdvisor and SigFig to provide either their clients or advisors with automated advice solutions. Our newest study, Next-Generation Investing: The Incumbents Arrive, explores the forces driving this activity, which include the pending DOL fiduciary standard and the opportunity to provide a lower-cost, entry-level relationship in order to reach the next generation of investors. The report also analyzes key trends and developments in the digital advice space and how this market may evolve moving forward.

March 10, 2016

Consulting Insights March 2016 Issue

The March 2016 issue of Consulting Insights is now available!  Our feature article shares some of the findings from our study Next-Generation Investing 2015: Digital Advice Matures on activity of incumbent investment firms in the digital advice space. We explore the latest trends in mobile finance innovation. We profile the HENRY (“high earners no rich […]

February 04, 2016

How RBC Can Benefit from Its Announced Partnership with FutureAdvisor

News broke Tuesday that RBC Wealth Management is collaborating with robo-advice provider FutureAdvisor on a new digital advice option, available on RBC’s website. Corporate Insight has long maintained that robo advisors like FutureAdvisor, with low-cost advice models and intuitive digital platforms, fill a niche market serving younger investors with less capital but a greater familiarity […]

November 02, 2015

Will Robo-Advisors for Women Close the Gender Gap in the Financial Industry?

In August, Tina Powell launched an online investing platform geared specifically toward women: SheCapital. According to SheCapital’s website, women are still earning just 79% of what their male counterparts earn, despite the rising number of women holding advanced degrees in the workforce. Furthermore, they tend to live longer than men, which places them at a […]

March 12, 2015

Schwab Enters the Robo-Advisor Fight

The Classic Disrupter Plays Catch-Up On Monday, Charles Schwab culminated a mysterious, months-long advertising campaign by unveiling Schwab Intelligent Portfolios – the firm’s first foray into the growing algorithm-based investing marketplace. With its digitally-managed portfolio of low-cost ETFs across a wide range of asset classes, Schwab has boldly promised that “Investing has Changed Forever.” This […]