[vladko]

just to add a little... in a grand scheme of things wealthbot.io is not very different from excel. (except we do a few more things, which relate to an RIA's daily workflow).

at the end of the day we will generate a trade file (or signal) but that's it, it's up to RIA to ensure that final decision is correct. i would say that we encourage people to look at the rebalancer logic, adjust/modify and be aware of the flow in the system.

plus there's is a portfolio accounting system which ensures accuracy in all transactions performed by the custodian.

it's exactly the opposite of what is going on in fintech world. we offer complete transparency... and although you could think of our rebalancer as an "advice giving" tool, in reality it simply calculates and adjusts out of balance holdings. the final financial advice is on the RIA, as it is today. we simply give them tools, which they don't have today to manage their clients/portfolios free of charge (open source).

if an RIA only wants to use an on-boarding portion of the product and do their rebalancing the way they like to do it, that's completely up to the end-user.