Robo-advice: Wealth managers split on 'threat'

'Technology is here to stay so wealth managers need to embrace its advantages'

Laura Dew
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Wealth managers are split on the 'threat' posed by robo-advice, with 40% seeing its advent as an opportunity, research suggests.

A poll of 70 UK wealth managers by investment group Vanguard found four in ten viewed robo-advice as a threat, while the same proportion saw it as a chance to increase efficiency and attract new clients....

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