Custodians see that if they can be the one place that advisers can come to most effectively compete against digital investment managers like ourselves, then they stand to gain a lot of adviser business."
Bo Lu, co-founder, FutureAdvisor
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Summary: Custodians, those longtime third-party guardians of customer securities, are launching new products that give traditional registered investment advisers the technology to compete against so-called robo-advisers.
Custodians see that if they can be the one place that advisers can come to most effectively compete against digital investment managers like ourselves, then they stand to gain a lot of adviser business."
Bo Lu, co-founder, FutureAdvisor
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