FYI: When the robo advisor platform debuted in 2008, the concept struck terror in the heart of financial advisors, who thought their services would be outsourced to technology.
Eleven years later, robo advisors haven’t supplanted financial advisors. Some advisors still may be wary; others see them as an efficiency tool and a way to scale up business or add smaller clients they otherwise couldn’t serve.
Regards,
Ted
https://www.etf.com/publications/etfr/when-robo-advisors-changed-advice?nopaging=1
