Powered by its superior investing performance, Vanguard’s digital investing platform bested the competition in Barron’s just-released ranking of the major robo-advisors.
Against a backdrop of lofty sales goals, Wells Fargo financial advisors pushed products and moved client assets between products and investing platforms.
Nearly a decade after the launch of the automated investment platforms, established financial giants dominate in assets, while the upstarts still have the edge in technology.
Dennis Cao, a 24-year-old software engineer with a penchant for risk, just got caught on the wrong side of Facebook’s historic plunge. He says it cost him $180,000, or almost 40% of his account.