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Could Your Financial Planner Be Replaced by a Computer?

Robot“Digital Rivals: Weighing the Robo Threat” may sound like a science fiction movie, but it’s the title of an October 13 piece by Bruce W. Fraser in Financial Planning.

Rick is one of the advisors quoted in the article, which takes a look at whether automated advice from “robo advisors” is likely to make human advisors obsolete.

You can read the article here.

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2 Responses to Could Your Financial Planner Be Replaced by a Computer?

  1. Jerry October 16, 2014 at 9:30 am #

    I still think the monkey is in the running to replace financial planners. Unlike the monkey who hears no evil and sees no evil, algorithms are only as good as the instructions given by Human…Jerry

  2. Scott October 17, 2014 at 7:52 am #

    Never going to happen! I can’t share an IPA with a computer!:-)