Wall Street is witnessing a 'third wave of computerization'

The race is on.
Across the fund management and retirement industry, legacy fund management companies are partnering with and buying up roboadvisers. 
These automated investment services utilize algorithms to manage and allocate people's assets. Since they don't require human beings to operate, they offer much lower fees than traditional advisers while delivering similar returns.And their rapid growth has disrupted the investment space, forcing well-established