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BlackRock solicits more regulator scrutiny of robo-advisors, eliciting jeers and a cheer

The near $5-trillion asset manager makes its case for why the robo game is best left to the big boys as critics suggest FutureAdvisor's owner is proposing a solution in search of a problem

Author Irwin Stein October 11, 2016 at 3:46 PM
Admin:
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Jasen Yang: BlackRock knows that if they can get regulators to put up more requirements ... then the barrier to entry into the robo business will go up.

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March 25, 2023 at 1:32 AM

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January 13, 2023 at 3:01 AM

Dimensional Fund Advisors, long the flagship of factor investing, struggles to chart a course as a nimble rival and big foot competitors cut into its market--and exploit its slow move to ETFs

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August 9, 2022 at 1:57 AM

Vanguard Group shows up as 'alpha' disciple with two new fixed-income fund launches as it surpasses PIMCO's $2 trillion with ex-Goldman Sachs partner now calling the shots

The $8 trillion Malvern, Pa. manager owns beta investing, but RIAs are demanding higher income -- hence market timing and cherry picking -- from their fixed-income allocation.

August 10, 2021 at 11:46 PM

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Stephen Winks

Stephen Winks

October 12, 2016 — 2:29 PM
ROBOs are an essential tool for advisors to provide continuous, comprehensive counsel required for fiduciary duty. The difference is the advisor who uses them. ROBOs simply elevate the level of discernment and require a higher level of skill than one dimensional product sales. ROBOs in and of themselves do not require regulation as much as the advisors who use them. If ROBOs are advanced as self contained advisors, then they will find it very difficult to compete with advisors who use ROBOs. SCW

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