“Computers are useless. They can only give you answers.” –Pablo Picasso
Spend any amount of time reading about the financial industry and you’ll probably come across a hundred gloomy expositions on the death of the financial professional. These articles line up the usual suspects (i.e. financial software, low fee trading accounts and, of course, robo-advisors) and discuss how they are going to steal business away anyone offering financial services.
It’s been talked about for years and it’s starting to feel a bit ridiculous.