Automated Online Managed Accounts Faring Well: Corporate Insight

Post on November 18, 2016

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Automated online managed account services are faring very well, Corporate Insight says in a new report, “Next-Generation Investing: The Incumbents Arrive.”

“Fintech firms introduced a new business model—the automated online managed account—that incumbents and startups alike are rallying behind,” Corporate Insight says. Online managed accounts invest in exchange-traded funds (ETFs) and, in some cases, mutual funds. They have a minimum investment as low as $5,000 and typically charge less than 50 basis points of assets.

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