Robo-advisers

Latest Stories

Three Reasons Why Procrastination is Stopping You from Finding Financial Success

By Ande Frazier | August 15, 2018

Procrastination is the number one reason people aren’t getting ahead financially. To complicate this even further, it’s often the result of not finding the right adviser. Why is procrastination holding so many people back?

Can Technology Take Place of An Adviser for Millennials?

By Stephanie Nguyen | July 11, 2018

According to 2018 Bank of America Millennial Report, one in four millennials often worry about their finances, and one in three named ‘not having enough money saved’ as a top stressor. Is there an app for that?

Raising the Bar on the Advice Standard

By Tim Donahue | May 15, 2018

Whether or not the SEC decides to implement changes to the advice standard, financial advisers must realize that their traditional value proposition has been turned on its head. Advisers once built their business around commissions and product sales, giving advice away for free, but financial transactions have become a commodity. The value of the client-adviser relationship is now in the advice.

What to Expect When Working with a Financial Adviser

By Michael Hartman, RICP® | May 9, 2017

I recently led a Lunch and Learn session for the associates at Penn Mutual’s home office on what to expect when working with a financial adviser. The session was very popular, which shows that people everywhere – even those who work at a life insurance company – have similar questions and concerns about working with an adviser.

Buying Life Insurance Needs to Be Easier

By Penn Mutual | December 1, 2015

As an industry, I think we are falling behind in providing our clients with a customer experience that is informative and useful, which raises the risk of disruption. There are several things we can do to help consumers understand the value of permanent life insurance.

What Does “Relationship” Mean in This New Age of Virtual Interactions?

By Penn Mutual | July 14, 2015

Younger generations seem to thrive on virtual interactions. How will these expectations affect a relation-driven industry like financial services?

Think Robo-Advisers are a Fad? Think Again

By Penn Mutual | December 9, 2014

There’s a lot of talk about the impact of “robo-advisers” on the financial services industry.