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Why Are There So Many Robo-Advisories?


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

€54.81
-1.280%
We can see a decrease in the price for Wells Fargo & Co.. Compared to yesterday it has lost -€0.710 (-1.280%).
With 19 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 60 € there is a slightly positive potential of 9.47% for Wells Fargo & Co. compared to the current price of 54.81 €.
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