Although so-called robo-advisors comprise only a fraction of overall wealth management assets, the online portfolio managers are on an upward trajectory which presents challenges and opportunities for traditional registered investment advisors.

Vanare, a wealth management technology company, has picked up on this theme by acquiring NestEgg Wealth, a robo-advisor, and integrating its suite of services. The idea is to enable RIAs to combine traditional high-touch services with an automated channel.

http://marketsmedia.com/robo-advisors-pose-challenges-traditional-rias/