What we read this week: June 16, 2017
How the digital revolution is reshaping wealth management and the future for financial advisors. Also, find out what’s holding up the blockchain and how U.S. business schools are creating fintech courses to meet student demand.
The digital revolution and wealth management
Robo-advice and inorganic intelligence are leading the future for financial advisors. PR Newswire: Robo-advisors, partnerships and inorganic intelligence to drive future of wealth management industry, according to Broadridge, Aite Report
“Client assets on digital advice platforms are projected to more than double from $65 billion in 2016 in the first half of 2016 to $160 billion by the end of 2017… The robo-advisory market is projected to cross $400 billion in assets by the end of 2018.”
Providing the personal touch
As advisors become increasingly pressed for time, some are finding it difficult to connect personally with their clients. Investment Executive: Connecting with clients, for traditionalists
What’s holding up the blockchain?
It’s not technology or regulation, so what’s the problem? Two new reports provide some insight into why progress has stalled. Phys.org: What’s holding up the blockchain?
U.S. business schools adapt to demand for fintech
Courses are in the works at many U.S. business schools, although academics say the area is so new it’s difficult to create Fintech 101. Reuters: U.S. business schools embrace ‘fintech’ as students clamor for courses
“Ten years ago everyone wanted to go into investment banking or in the trading side,” said Reena Aggarwal, Director of the Georgetown Center for Financial Markets and Policy. “Now the students are much more interested in innovation.”
Blockchain internship with U.S. State department
A U.S. government working group created to explore using blockchain is seeking an e-intern to research the technology. Cryptocoins News: U.S. State department offers blockchain development internship