Asset managers like BlackRock are increasingly interested in building digital tools to work more directly with financial advisors.
Vanguard
Now, the asset manager is building a similar platform for financial advisors, after hearing that professionals wanted to use elements of the service, like technology-driven risk analysis, for their clients.The man who upended investing by founding $5.1 trillion Vanguard says he admires only 3 rivals and even made some money off one of them
BlackRock's similar effort, Aladdin Wealth, is a growing focus for the asset manager. The platform is driving revenue from the fees advisors pay and, in some cases, more assets to BlackRock,
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