Note from the CEO: Attention, attention all new robo-advisor platforms. Great concept, super great new technology and super super new competition. Blackrock is adding partners to it’s FutureAdvisor platform and now US Bank Wealth Management is on board. Just the name alone will bring acceptance to existing clients. Will this make the pie bigger for the new platforms? Lets hope.
“BlackRock’s FutureAdvisor platform has added another client to its robo-advisor platform. U.S. Bank Wealth Management announced Wednesday that it has reached an agreement with FutureAdvisor to provide its automated investing capability to clients of its afilliate, U.S. Bancorp Investments. The service is expected to be available next year.”