How tech is changing the way people work

More than half of Canadian workers rely on mobile technology to do their jobs effectively, finds a BMO survey.

And many business owners are using it too. Two-thirds use mobile tech to run their businesses, and 30% say they couldn’t do their jobs without their devices.

As society becomes more comfortable with—and dependent on—technology, its uses continue to grow. The past year has seen automated advisors and crowdsourced lending grow in popularity.

As Camilla Cornell and Melissa Shin write:

Online portfolio managers, or what many call robo-advisors, have seen wild success south of the border: they now boast more than $1.5 billion in AUM. Such managers automate certain jobs you’d expect an advisor to perform, and service costs are commensurately lower.

And they’re headed north.

Read more here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.