Pursuits
Wells Fargo Plans to Start Robo-Advisory in 2017, Sloan Says
- Sloan says lender has been working on service for some time
- Millennials like robo-advising, though lack money, Sloan says
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Wells Fargo & Co., the world’s most valuable bank, plans to start a robo-advisory service in 2017, Chief Operating Officer Tim Sloan said.
“You’ll probably see us roll that out some time in the first half of next year,” Sloan, 56, said Wednesday during an interview at Wells Fargo’s Toronto office. “It might be a bit sooner or a bit later."