TIAA joining the robo-advisor, digital advice sphere

DENVER BUSINESS JOURNAL - TIAA, a national financial services provider, has embraced the robo-advisor and today launched its version of automated, online management services.

The New York City-based company, which has a downtown Denver office and about 1,500 employees there, said it would use robots to help its clients — especially millennials — build their own portfolios online.

And, adding a twist, the company is giving online clients the ability to invest in socially responsible portfolios — something the company has been offering since 1990.

Companies around the globe that built their names on face-to-face contact with financial advisors are trying to reach a new generation. TIAA joins many others including Fidelity, Ellevest, Charles Schwab, T. Rowe Price, and Merrill Lynch that have launched robo-advisor services, which target millennials.

Read more at Denver Business Journal.

© 2017 American City Business Journals.


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