Are Robo Portfolios Ready for Black-Swan Events?

We’ve seen a significant move away from how most people invested in the 20th century—actively and with the at times costly advice and direction of advisors and brokers—towards a more digitally enhanced, passively implemented set of strategies. Some of that trend is inevitable and a useful addition to the suite of options. But as we have said, and continue to maintain, the rush toward passive investing is not without issues, and it must be balanced. There can be too much of a good thing. Today’s rush towards passive, ultra-low cost investing solutions must be tempered with questions: What is being gained? What potentially could be lost?

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Will Your Next Financial Advisor Be a Machine?

On July 1, the film Terminator: Genisys will debut in theaters across the United States and throughout the world. It will be the fourth installment of a series that began more than 30 years ago, which in many ways defined contemporary fears of the rise of the machines: a world where the brilliant programs designed by humans themselves become the masters and turn against their human creators.

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