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Are Robo-Advisors a Threat to Brick and Mortar Advisors?

Saturday, Apr 19 2014

News Roundup

Written by PFA News

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Robo-Advisors, or automated online advisors, aren’t a threat to traditional financial advisors because the web offerings typically target clients with only $20,000 to $30,000 in investible assets. So reports the Business Insider.

In comparison, brick and mortar advisors target clients with at least $500,000 in assets.

Read the full article from Business Insider.

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