Summary: How should robo-advisors be regulated? That’s a question the Securities and Exchange Commission must tackle, as assets managed by these firms will surge to $2 trillion in the next five years, argues SEC Commissioner Kara Stein.
 Robo-advisors “are not really ‘advisors’ as much as they are really an investment brokerage service. Without taking into consideration an investor’s 360 financial picture and goals, robo-advisors cannot uphold the fiduciary standard.”David Lyon, CEO and Founder, Oranj |
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