Wells Fargo Advisors has cut minimums to $5,000 from $10,000 on its Intuitive Investor automated platform and also reduced fees.
The company cut its annual advisory fee for the platform from 0.50% to 0.35%, and that can be reduced to 0.30% for clients who also have a premium Wells Fargo checking account.
Launched in 2017, the bank’s automated investing platform comes with access to a financial adviser. After investors' risk tolerance and time horizon have been determined, they are placed in one of nine portfolios managed by the bank’s investment advisory arm and receive monitoring and automated rebalancing.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
Financial advisors remain vital allies even as DIY investing grows
A trade deal would mean significant cut in tariffs but 'it wont be zero'.
Inflation, economic risk is greater than previously thought.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
