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JPMorgan Launches Robo-Adviser: 'We Think We're Offering Really Great Value'
Wednesday, July 10, 2019 - 10:39am | 434Banking giant JPMorgan Chase & Co. (NYSE: JPM) is ready to release its new robo-adviser platform after a year of testing, according to CNBC. What Happened JPMorgan's new digital investing service, You Invest Portfolios, makes use of algorithms to select investment options tailored to...
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M1 Finance Has A New Feature That Lets You Borrow Against Your Portfolio
Thursday, July 19, 2018 - 4:18pm | 615M1 Finance, the Chicago-based roboadviser that offers automated investing for free, has begun allowing portfolio lines of credit to some clients. The feature, called M1 Borrow, launched in June and is available to all clients on the platform with at least $25,000 in their account — about half...
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Afraid Of The Robot Apocalypse? At Least For Now, Robots Can Make You Some Money
Monday, March 5, 2018 - 1:13pm | 834Watch this video. Then watch this video. Cap it off with this Elon Musk Tweet and it’s not too hard to imagine how all of that might eventually become this, is it? No matter what form our inevitably automated future takes, the thing about robots and artificial intelligence is that they’...
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Bambu Makes Robos To Invest For Asia's Wealthy
Thursday, December 21, 2017 - 12:32pm | 617The Benzinga Global Fintech Awards are a yearly showcase of the best and brightest in fintech. In preparation for its biggest installment yet in May 2018, we're profiling the companies competing for the BZ Awards. Our next feature is on Bambu. What does your company do? What unique problem does...
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Wealthfront Plans To Be Market Leader For Millennials, 'Absolutely' Plans To Make It To An IPO
Wednesday, August 9, 2017 - 9:55am | 1070Wealthfront is one of the leading players in the growing robo-advisor fintech vertical and this year has redefined what it means to be an automated advisor. Based in Redwood City, Calif., the company offers a hands-off digital investment and financial planning app that manages investments for...
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Jack Ma Goes After Roboadvisors In China
Monday, April 10, 2017 - 1:24pm | 408Jack Ma, the billionaire founder of Alibaba Group Holding Ltd (NYSE: BABA), is looking to bring the growing trend of roboadvisors to Chinese consumers. Yunfeng Financial Group, a financial services company that is backed by Ma, created a roboadvisor application that can manage wealth for Chinese...