When Wells Fargo reported earnings last week it stated its developing technology for its advisory services , including an automated analysis system . JN: Many of the tools exist within its existing infrastructure , the challenge it sees is making it work for the $ 500 investor and the $ 50 million investor , but it sees the robo advisor approach as an efficient way to deliver asset allocation and diversification .
When Wells Fargo reported earnings last week it stated its developing technology for its advisory services , including an automated analysis system . Many of the tools exist within its existing infrastructure , the challenge it sees is making it work for the $ 500 investor and the $ 50 million investor , but it sees the robo advisor approach as an efficient way to deliver asset allocation and diversification .