In a market which is having to be more transparent over costs, how does one differentiate financially between robo and human advice?
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The Hybrid-Robo Conundrum
Many in the industry believe a major trend of 2017 will be widespread adoption of digital advice by traditional wealth management firms. No longer seen as a threat, advisors now see robo advice as a way to address new regulations, appeal to changing consumer tastes, and capture some of the assets in the underserved mass affluent market.