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How Could Robo-Advisors Change Investing?

Among the findings of Brown Brothers Harriman & Co.’s (BBH) survey of European ETF investors was that a majority of financial advisors see robo-advisors as an asset, rather than a threat, to their business. Robo-advisors have been growing in popularity among traditional asset managers, like Fidelity and its peers, with Legg Mason (LM) taking a majority stake in robo-advisor platform Financial Guard, and ETrade Financial (ETFC) adding robo-advising to its lineup.
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