The Rich Are Already Using Robo-Advisers, and That Scares Banks

Re:The Rich Are Already Using Robo-Advisers, and That Scares... by vehementi on Sunday February 07, 2016 @06:53PM (#11055625)

Agreed, it's super weird to see that keep getting mentioned, that you need to minimize the volatility of your extreme fortune. Why? Are you planning to liquidate the extreme fortune in the next 1-5 years? ...

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Re:The Rich Are Already Using Robo-Advisers, and That Scares... by barney54 on Monday February 08, 2016 @12:45AM (#11056530)

I think the argument is really about passing it on to your kids. That's the desire to keep the extreme fortune together.

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Re:The Rich Are Already Using Robo-Advisers, and That Scares... by vehementi on Monday February 08, 2016 @07:15AM (#11057666)

Yes but minimizing volatility and doing the right tax/inheritance things are orthogonal...

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