FYI: Charles Schwab & Co. plans to target mass affluent investors with a hybrid robo model that combines advice from financial advisers with online advice.
With a $25,000 minimum, Schwab Intelligent Advisory will provide clients a customized financial plan and ongoing live advice from certified financial planners, as well as an automated portfolio at a low cost, the company said in an announcement Tuesday. It is scheduled to be offered in the first half of 2017.
Regards,
Ted
http://www.investmentnews.com/article/20161213/FREE/161219985?template=printart
