Fintech Beat with Dr. Chris Brummer: Roboadvising 101 with Wealthfront’s Andy Rachleff
Many of our most popular financial advising firms offer forms of automated, algorithm-based advising, but Weatherfront, founded in 2008, was one of the first. A so-called “roboadvisor” firm, the company founded in Palo Alto, California, built its platform from the ground up with online management in mind, requiring moderate to limited human interaction. Dr. Chris Brummer interviewed its CEO and co-founder, Andy Rachleff, on the benefits of automated personal finance…