11/20/2015 – Fidelity Joins Growing Field of Automated Financial Advice (The New York Times)
Nov 20, 2015
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Fidelity Investments is flirting with the investment robots. Fidelity is testing its own automated investing platform, which it is calling Fidelity Go. The move puts the company into head-to-head competition with so-called robo-adviser start-ups like Betterment and Wealthfront, as well as traditional players like Vanguard and Schwab that recently began offering similar services. The Fidelity details are listed in a Securities and Exchange Commissionfiling, and a company phone representative confirmed the existence of the new service, as did a Fidelity spokesman.
Read the full article in The New York Times.