Tuesday 30 May 2017

The robo-advisors taking over Wall Street: AI’s are now managing portfolios worth ‘tens of millions’ for high wealth customers

Robots are slowly creeping their way into retail, restaurants, hospitals and now, they are starting to show a presence on Wall Street, Daily Mail writes. Although some banks have argued that wealthier individuals will ‘always demand face-to-face advice’, many high-net worth investors are looking to robo-advisors for guidance in the market. New York-based Betterment has

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