TD Bank launches robo-advisor

TD Bank has launched its first robo-advisor, TD Automated Investing, and hybrid advisor, TD Automated Investing Plus, helping TD to further meet “the growing demands for individualized financial advice and investment solutions across all client segments.” Both services are available for U.S. clients and require account minimums of $5,000 and $25,000, respectively.

“With the introduction of TD Automated Investing and TD Automated Investing Plus, TD will now be able to engage earlier in the Customer’s wealth journey on their terms, combining the best of digital with an unexpectedly human approach. The foundation of all of our Wealth offerings at TD goes beyond a transparent and thorough conversation. It begins by understanding what matters most to every customer, today and in the future.” – Peter Mottek, EVP, Head of U.S. Wealth.

“We are unequivocally committed to elevating financial and investment advice across the entire Bank. These new products and offerings, grounded in upfront planning, prioritization and uniformity, will help TD meet the needs of our clients and colleagues.” – Ernie Diaz, Head of U.S. Consumer Distribution, Wealth and TD Auto Finance for TD Bank.