The world's largest investment manager, BlackRock, announced Wednesday that it is acquiring FutureAdvisor, a quiet but innovative player in the burgeoning robo-advice space. The deal is a reminder the BlackRock is committed to staying ahead of the technological curve, as well as a sign that automated investment advice is here to stay. "Being a financial services company, or more importantly an asset management firm, actually requires that deep down you also think of yourself as a technology c...
The world's largest investment manager, BlackRock, announced Wednesday that it is acquiring FutureAdvisor, a quiet but innovative player in the burgeoning robo-advice space. The deal is a reminder the BlackRock is committed to staying ahead of the technological curve, as well as a sign that automated investment advice is here to stay. "Being a financial services company, or more importantly an asset management firm, actually requires that deep down you also think of yourself as a technology c...
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