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US Bancorp launches digital investment advisory service

U.S. Bancorp Investments has collaborated with FutureAdvisor, a BlackRock-owned investment advisory firm, to launch a new digital investment advisory proposition. Called Automated Investor, it comprises investment portfolios created by wealth management professionals and cost-effective funds.  It is powered by FutureAdvisor’s technology platform. Automated Investor has been designed to optimize returns, while mitigating risk. The proposition also rebalances investments automatically depending on the change in markets. The product offers an assessment of the users’ current investments to help them gain insight into their performance and improvement opportunities.

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