Updated Friday, October 31, 2014 as of 6:48 AM ET
Aftershocks Follow Schwab Robo Rollout
"This is a head-on counterattack and is definitely making the [digital] space a lot more competitive," says William Trout, a senior analyst for Celent.
More in Technology
The startup's software could make basic planning available to a much broader audience than the industry currently serves. more »
But the asset allocation and rebalancing service will launch first for retail before rolling out to Schwab advisors. more »
Here’s how advisors can get the most out of social media for their practices. more »
Why planners have nothing to fear from robo advisors. more »
New York regulator Benjamin Lawsky may use the cybersecurity rules he's proposed for virtual-currency companies as a model for traditional banks. That would subject the financial institutions his agency supervises to the most stringent data-security rules anywhere. more »
A community bank in Massachusetts has opened a branch that's a microcosm of forward-looking trends in retail bank design. Emphasis on the "micro" part. more »
Electronic thieves have gotten smarter - and they’re targeting you. These experts can tell you how to beat them. more »
There's almost no good way of tell a bank customer that her personal data's been stolen. But some banks do a particularly bad job of communicating during a security incident. more »
The hackers who raided the data banks of JPMorgan Chase used computers now linked to possible attacks on at least 13 more financial companies, according to a person familiar with the investigation. more »
Personal Capital's business model is rooted in technology -- but with live advisors and higher fees, the firm wants to duck the "robo" label. more »
The American Bankers Association, which initially opposed ".bank" domain names on the Web, is now promoting them as a way to enhance security amid growing cyber risk concerns. more »
Wealthfront can become the "leader in a new emerging market" if it focuses on millennials the way Charles Schwab zeroed in on Baby Boomers, says CEO Adam Nash. more »
Only about 20% of the mass affluent market have a financial advisor, notes FutureAdvisor CEO Bo Lu, compared with around 60% of individuals with more than $1 million in investable assets. more »
The October Issue is now online!


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