An Australian fintech company is trying to break into the already competitive robo-adviser sector with a hybrid financial budgeting, banking and digital advice app.  Meet Douugh, a five-year-old startup that announced Wednesday the launch of its new SEC registered robo-adviser ...

A new study into automated investing platforms published Wednesday is attempting to quantify the overall costs of Charles Schwab & Co.’s no-fee robo-adviser on client portfolios.  The research firm Backend Benchmarking estimated the Intelligent Portfolios platform and its high cash ...

Titan Invest, an actively managed robo-adviser based in New York City, closed its second funding round of $58 million as the rapidly growing digital platform gears up to launch its crypto offering.  The latest cash influx follows Titan’s February announcement ...

M1 Finance has reached unicorn status after raising another $150 million in funding led by SoftBank’s Vision Fund 2 that propelled the robo-adviser’s valuation to $1.4 billion.  While some robo-advisers are closing doors or getting acquired by incumbents, others are ...

When Charles Schwab Corp. launched its robo-adviser service in 2015, the company said it would be a smart, low-cost and hands-free solution that would automatically invest clients’ money in various exchange-traded funds. The product, Schwab Intelligent Portfolios, was part of ...

Charles Schwab Corp. said it will take a $200 million charge in the second quarter related to a Securities and Exchange Commission probe of its robo-adviser platform. The compliance inquiry relates to past disclosures around the firm’s Schwab Intelligent Portfolios ...

Stash, the online brokerage with over 6 million users, announced its first acquisition Wednesday following a surge in its assets under management to more than $3 billion.  Stash is purchasing PayGrade, a financial literacy platform that provides grade-school teachers with ...