Schwab Robo: Liberation for Advisors or Client-Stealing Trojan Horse?
July 04, 2015 at 08:00 AM EDT
Hoopla around nominally free portfolio population and rebalancing tools exposes deep divide between self-directed “mass affluent” and high-net-worth advisory cultures. Charles Schwab’s advisor-focused “robot” portfolio program only went live last week and hard industry lines are already forming...