The hire gets a thumbs up from advisers, based solely on his technology background
Fidelity Investments has set its sights on the ultimate data dashboard for its advisers, likely using eMoney Advisor's technology and the financial planning software's relationships with custodial competitors.
Advisers won't have a choice when it comes to picking up new tech to serve smaller accounts.
Last year's acquisition will bring the firm information on held-away assets and widgets to analyze all aspects of clients' financial decisions.
The robo-adviser saw a 55% increase of total rounds since 2010.
The service will help advisers create and manage investments for clients.
Financial services firms that want to offer better digital investment advice must focus on training and education to better serve clients, according to the Financial Industry Regulatory Authority.
It is no secret that financial giants like Charles Schwab and Vanguard Group have disrupted the robo-adviser industry. Just look at their assets under management.
Technology companies may be falling behind if they don't offer a client portal in some way, shape or form.
For financial advisory firms, one of the biggest cybersecurity threats they face are hacked emails of clients and top managers designed to trick advisers and their staffers into transferring money or privileged data.
