The robo-advisor market is now worth $440 billion. Vanguard’s platform was rated as the best robo-advisor in a recent Morningstar report. Since the first robo-advisors launched in the aftermath ...
Tag: roboadvisor
Charles Schwab will pay $187 million to settle SEC robo-advisor claims
The U.S. Securities and Exchange Commission headquarters in Washington on Feb. 23, 2022. Al Drago/Bloomberg via Getty Images Charles Schwab agreed to pay $187 million to settle an SEC investigation in...
UBS to acquire robo-advisor Wealthfront for $1.4 billion
advertisement UBS will buy the robo-advisory firm Wealthfront for $1.4 billion, the two companies announced Wednesday. The announcement characterized the deal as an “all-cash transaction valued ...