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Why Are There So Many Robo-Advisories?

TheMotleyFool 
0 0 15.11.17
Why Are There So Many Robo-Advisories?Photo, wide shot, wide-angle lens, soft focus, Asset management firm, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-4Gf80r47YD589EFtjlMy4oXE.png?st=2023-05-06T14%3A52%3A24Z&se=2023-05-06T16%3A52%3A24Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-06T00%3A39%3A24Z&ske=2023-05-07T00%3A39%3A24Z&sks=b&skv=2021-08-06&sig=d8x8qxYEsZ8AfRwcBw8eUkxkNQFVf9GobJgEag27Xug%3D
 
Why Are There So Many Robo-Advisories?

Robo-advisories have surged in popularity, thanks to their lower fees and ease of investing. From the standpoint of big banks and brokerages, why is getting into the robo-advisory business a smart move?

Michael Douglass and Fool contributor Matt Frankel discuss in the video. A full transcript follows.

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Source: Fool.com

Wells Fargo & Co. Stock

€75.46
-1.580%
We can see a decrease in the price for Wells Fargo & Co.. Compared to yesterday it has lost -€1.200 (-1.580%).
With 24 Buy predictions and 3 Sell predictions Wells Fargo & Co. is one of the favorites of our community.
With a target price of 85 € there is a slightly positive potential of 12.64% for Wells Fargo & Co. compared to the current price of 75.46 €.
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