Phillip Fonseca

Introduction Interest in wealth management careers among young professionals has increased significantly over the last decade. Yet, aspiring advisors commonly overlook the transformation the industry is undergoing. With the looming question every advisor must confront being “If an algorithm can build a better-performing portfolio at superhuman speeds for a tenth of the cost, then what is the purpose of a human financial advisor?"   In the early 2010s, robo-advisors arrived, promising to...