Bill Harris, our CEO, was featured on CNBC to discuss the rise of technology-assisted financial advisory firms such as Personal Capital. Unlike “robo-advisors,” who only use algorithms to manage their clients money, Personal Capital uses human financial advisors plus technology to service our customers better.
Personal Capital is a Registered Investment Advisor who has a fiduciary duty to do what’s best for our clients, unlike brokerage firms who only have a “suitability standard.” Want to invest your entire portfolio in one stock? An RIA won’t let you for your own good, but a broker could.
Have a watch as Bill explains the current market potential for Personal Capital to disrupt the traditional wealth management industry. What was originally supposed to be a debate with Josh Brown, a CNBC regular contributor, and self-proclaimed “reformed broker” turned into a harmonious discussion on opportunity. (To view on mobile, see the original footage on CNBC).
We at Personal Capital have one goal in mind: to build a better money management experience for consumers. That’s why we’re blending cutting edge technology with objective financial advice. We believe this is the best way to empower individuals and their money. Subscribe to our blog and join our empowered financial community.
Disclaimer. This communication and all data are for informational purposes only and do not
constitute a recommendation to buy or sell securities. You should not rely
on this information as the primary basis of your investment, financial, or tax planning decisions. You
should consult your legal or tax professional regarding your specific situation. Third party data is obtained
from sources believed to be reliable. However, PCAC cannot guarantee that data's currency, accuracy, timeliness,
completeness or fitness for any particular purpose. Certain sections of this commentary may contain forward-looking
statements that are based on our reasonable expectations, estimate, projections and assumptions. Forward-looking
statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult
to predict. Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. Keep in
mind investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.