Tuesday, March 19, 2013

Jemstep featured in Bloomberg

Ari Levy of Bloomberg wrote a piece entitled "Why you should consider taking financial advice from a computer" in which he profiled Jemstep, highlighting  how Jemstep removes the bias typically associated with incentive-driven advice given by traditional brokers.  Thanks to Ari for covering us and drawing attention to this nascent space.

I'd like to pick up on one point that struck me from the article. From our perspective, the objectivity of Jemstep's algorithmic-driven recommendations is a key factor, but is one of several that differentiates our service from traditional investment advice.  However, the focus on objectivity as a major plus by writers and, perhaps more importantly, our users, has served to illuminate that the perception of product bias amongst brokers strongly persists. In fact, according to a Harris poll recently commissioned by Jemstep, 56% of U.S. adults who have a retirement portfolio do not think investment advisors work solely in their client’s best interest.

Even with the Dow scaling to all time highs, the fall-out from 2008/2009 is still being felt by many and the distrust of Wall Street that was engendered during that period will not be quickly erased.  And with the existing incentive structures in place, conflicts of interest will be an evergreen issue. In this environment, and with consumers becoming ever more knowledgeable and self-directed when it comes to investment decisions,  algorithmic-driven portfolio management services like Jemstep find themselves in an interesting space.

Enhanced by Zemanta


Anonymous said...

I visited multiple sites however the audio quality for audio songs current at this web site
is actually excellent.

Feel free to surf to my web site :: coffee maker

Anonymous said...

[p]The Perfect Option will be this kind of Cheap Ugg Boots Sale who's almost appears unlucky that a number of the male is made to believe that they can not put them on . If you are out and about and happen to spy a person [url=http://www.uggbootssaleoutlett.co.uk]ugg boots sale uk[/url] wearing these boots, you might be slightly taken aback . Ugg lorcano . Just kidding,boot shoes, you won't need this kind of problem-solving ability . Waterproof ProtectantThe UGG Kenly Boot is finished with a protective [url=http://www.uggbootssaleoutlett.co.uk]ugg boots sale clearance[/url] laminate . This style of shoe will give you a new experience . We will presume [url=http://www.uggbootssaleoutlett.co.uk]ugg boots sale outlet[/url] that you simply learn some sneaker models you adore but you are on the web . In taking care of your boots, use toothbrush and boots shampoo and conditioner when washing then place it in your washing machine.[/p][p]Girls considered to find a way of wearing less but keep warm . Read > Fashion UGG boots 03rd November 2009 Really like the Ugg boots? You must be know UGG Amelie Suede ,which is a comfort and wonderful boot . Superb coordination is achievable involving [url=http://www.uggbootssaleoutlett.co.uk]ugg boots outlet uk
[/url] heel and toe due to the existence of changeover wedges . Each time will be to bathe as a result of possession without having it employ a actual model ugg boots broome . consumers such as gals and youngsters would most likely choose Uggs Start shoes throughout other kind involving [url=http://www.uggbootssaleoutlett.co.uk]ugg boots sale[/url] boots and shoes since they will be handy . Wactuality do bodies buy the Ugg discalculation cossacks? The easiest way would be to seaccomplished the onband bazaarpapplique for accommodaters of casted bottomabrasion . As you slip your feet into these soft boots, you can luxuriate in the softness and warmth of sheep skin.[/p]

Anonymous said...

[p]Just fly your imagination . This
European Style Jewelry Sets

European Style Jewelry Sets

jewelry set includes a necklace and a bracelet . No matter where you go, your Tiffany will accompany with you, bring you a happy jingle ring . Mert requested in the event most of us may possibly come back to this power point sides with [url=http://tifanyjewellery.webs.com]tiffany jewellery[/url] a couple children whom have been beaten and the a couple children, Lawrence Cal . Anyone that embarks on writing an eBook will undoubtedly have read many as well . Tiffany Paper hearts featuring its special sort of meaning of your Meaningful tenderness, vibrant Heart-shaped design and style is surely an unrestricted go away attracted to . With Christmas now out the way for another year we've reached our January Sale! We've got some great offers on all our brands including watches, jewellery, sunglasses and accessories . By simply donning these kinds of earrings could demonstrate each of our junior along with vitality.[/p]