Robo-Advisors: High End of Mass Market Benefits Most

(Bloomberg) -- According to a new survey from the CFA Institute, Wall Street is getting a bit worried about fintech replacing its jobs. The majority of respondents, which included more than 3,000 chartered financial analysts around the world, view asset management as the industry most at risk from disruption by financial technology. Fifty-four percent of respondents said the sector would feel the biggest changes, followed by banking, securities, and insurance.