Morningstar sounds death knell for single-use robos

Resistance wasn’t futile: the first wave of disruptive robo-advisers has failed to breach the status quo, a recent Morningstar analysis has confirmed.

The Morningstar report found established financial services firms have usurped the robo-revolution leaving start-ups either on the back-foot or in the back-pocket of the enemy.

Read the full article on Investment News.