July 24, 2019
Studying the properties and composition that make up the FinTech ecosystem
Welcome to this week’s industry analysis with the FinTech Chemist. While I may not be literally mixing solutions and preparing reagents, I am studying and testing out the latest and greatest in FinTech. In the past decade, we’ve seen a rise in robo-advisors. While their low-fee, hassle-free approach to investing is enticing, the question here is: are they worth it?
According to Newton’s Third Law of Motion, “For every action, there is an equal and opposite reaction.” When the financial crisis struck in 2008, many people lost trust in the financial services industry. In response, robo-advisors were made availabl ...