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Showing 301 - 310 of 353 results for "Robo"

The social benefits of advice

ALEX BURKE  |  WEDNESDAY, 28 OCT 2015
... this way, he continued, financial advice demonstrates itself as a "value-based" business rather than a "price-based" one. "Robo-advice perfectly satisfies the idea of a price-based model. What an adviser can deliver for a client in terms of their wellbeing ...

Standing up for risk advisers

ALEX GAMBOTTO-BURKE  |  MONDAY, 26 OCT 2015
... life, and she works one day a week while her husband is farming crocodiles, making $54,000 a year," he said. "There's no robo-advice tool that's going to solve that situation, because those are her own priorities, and it's a very personal decision. But ...

HNW Planning ramps up high-touch advice with netwealth managed accounts

MICHELLE BALTAZAR  |  FRIDAY, 16 OCT 2015
... what we wanted and this [managed accounts] complements what we are already doing with our 'guided portfolios'." And with robo-advice among the buzzwords in recent months, Cumming said there is a market for low-touch or low-engagement advice but that ...

AMP trials tech-based advice solution

MARK SMITH  |  MONDAY, 12 OCT 2015
... annual costs of $4,500. The pilot scheme, which has been in place since January, comes as self-directed tools and so-called robo advice models are gathering momentum. While AMP insisted it was still in the test and learn phase with its new solution ...

Myonlineadvisers teams up with US robo firm

MARK SMITH  |  THURSDAY, 8 OCT 2015
... with online tools which will improve efficiency and help them grow their practice and protect future revenue. "Until now, robo advice platforms have been seen as the enemy of planning community because they could see customers opting out in favour of ...

YBR robo-advice to make Celebrity Apprentice debut

STAFF WRITER  |  WEDNESDAY, 7 OCT 2015
Yellow Brick Road's robo-advice tool, Guru, will be launched to the public via a Celebrity Apprentice Australia challenge. The Guru "pilot" was unveiled in June, and since then over 50 YBR practices are able to use the service. "Our network has been ...

Equipsuper invests in fintech, robo-advice firm

LAURA MILLAN  |  MONDAY, 28 SEP 2015
Equipsuper has invested in a fintech startup that will develop the fund's digital advice and investment platform. Clover is a Melbourne-based financial technology company that offers an automated investment service. The platform adopts a goals-based ...

ASIC's robo-advice taskforce to monitor AFSLs

STAFF WRITER  |  MONDAY, 28 SEP 2015
ASIC's brand new robo-advice taskforce will monitor businesses that intend to provide digital advice. The regulator thinks that "the majority of digital advice initiatives will be proposed by existing licensees rather than start-up businesses." Another ...

Robots can't read your dreams, advice firm warns

LAURA MILLAN  |  WEDNESDAY, 23 SEP 2015
Robo-advice is potentially damaging for the advice sector, as it's hard to replace a human's ability to discuss a client's dreams and aspirations, an advice group has said. Cigna Wealth senior financial adviser Zoe Downs said that recent growth in computer ...

FinaMetrica in robo advice deal with Swiss private bank

LAURA MILLAN  |  TUESDAY, 15 SEP 2015
Australian-based firm FinaMetrica has developed a sophisticated robo advice tool for a private bank in Switzerland. NBK Private Bank Switzerland will be using FinaMetrica's suitability tool kit, a 15-minute test that looks at the investor's risk tolerance ...