Robo Plat­forms are Be­com­ing the Norm

Financial Planning - - FINANCIAL-PLANNING.COM -

Robo ad­vi­sors are ex­pected to col­lec­tively top $1 tril­lion in as­sets un­der man­age­ment in fewer than five years, ac­cord­ing to new re­search from Aite Group. The boom­ing pop­u­lar­ity of mi­croin­vest­ing firms will partly feed the growth. With over 60% of mil­len­ni­als al­ready sub­scribed to apps like Acorns, the sec­tor will ex­pand as the next gen­er­a­tion of in­vestors de­vote more money to robo plat­forms. Read more about the dig­i­tal rev­o­lu­tion:

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