Tabb Forum: The Rise of Robo Advice; Interview with Vanare CEO Rich Cancro

Interviewed by Anna Stumpf | Tabb Forum

Vanare CEO Rich Cancro and Tabb Forum's Anna Stumpf

Vanare CEO Rich Cancro and Tabb Forum's Anna Stumpf

http://tabbforum.com/videos/the-rise-of-robo-advice-threat-or-opportunity

Automated investment advice continues to gain in popularity with investors looking to minimize costs, but traditional investment advisors should view the technology as an opportunity, according to Rich Cancro, founder and CEO of Vanare. With the rise of passive investing, robo advice offers firms a new way to connect with the next generation of clients, who will inherit $18 trillion over the next 20 years and are more comfortable with online services, he says. Cancro and TABB TV producer Anna Stumpf discuss the benefits of automated advice, the opportunities it creates, and the future of robo advice and strategies.