Robo-Advisors: Threat Or Opportunity?

It seems like the year of the robo-advisor, with billions of dollars being invested through this relatively new type of investment intermediary. Robo-advisors Betterment and Wealthfront each advise on roughly $2.6 billion. Within four years, robo-advisors will collectively control $255 billion in end-client assets, according to research by MyPrivateBanking.com.