Louis Diamond Quoted
By Oisin Breen
Mike Sha has found a sweet spot for his robo-advisor software — two wirehouses that needed a quick entree into automated wealth management services serving mass-affluent millennials.
As a result, not only has the CEO of SigFig Wealth Management LLC received a huge injection of funding and remained in control of his destiny — he may be pioneering a new business model to boot.
“We hear that [UBS] is the clear technology laggard in the wirehouse space,” says Louis Diamond, principal of Diamond Consultants in New York, via email.
