Private banks looking to partner with a third-party robo advisor should pay close attention to their portfolio construction and advisory service requirements and not focus solely on funding received as a fair measure of a firm’s suitability, according to management consultancy Synpulse. “On paper, many of these robo advisors look the same, but in reality, robo advisors are only as…
PBs should focus on asset allocation maturity, not committed funding when choosing a robo partner
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