I shouldn't speak directly for Wealthfront and Personal Capital and other great wealth management companies, but they seem to have started to compete with low-level RIAs (registered investment advisors) or else to farm off some of their work into a smarter, low-fee passive investment strategy. It is clear the industry is going to and should shift this way and I support what they are doing for the most part.
Future project managers will work on a virtual basis that enables them to better focus on what matters as well as to monitor and control operational risks mindfully. The picture below shall illustrate the business-related processes behind a financial instrument (for instance, as used by hedge funds).
Ultimately short on time and limited in outside investment knowledge and resources, High Net Workers and other busy Americans may be overlooking both investment and personal wealth management opportunities that would allow their portfolios to attain the same kind of success they've experienced in their careers.