Investment management firm Invesco Ltd. has acquired Jemstep, one of the first online automated investment platforms in the financial services industry, in the latest bid to offer more robo-technology to traditional advisers. The technology service, which will be called Invesco Jemstep, will continue to focus on financial advisers. Atlanta-based Invesco, which has about $800 billion in assets under management, will have its sales and service teams work with home offices and advisers to implement Jemstep's technology, which includes tracking adviser progress, viewing client data and managing risk. “We have a deep history of providing advisers with the tools they need to help their clients achieve their desired investment outcomes,”

http://www.investmentnews.com/article/20160112/FREE/160119985/invesco-acquires-robo-adviser-jemstep