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Baby Boomers Embracing Robo Advisors
Robo advisors are generating strong use among older investors, with T. Rowe Price reporting that Baby Boomers are the fastest growing segment for the high tech platforms. So reports Advisor News.
Robo advisor United Income, which is backed by Morningstar and eBay, meanwhile, is targeting investors between the ages of 50 and 70.
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