WSJ Blog Post Notes Trend Toward Online Apps That Might Compete With Advisors Hot
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While online investment platforms aren’t new, such fledgling services as Wealthfront and Betterment are trying to distinguish themselves with new programs to provide advice electronically. The investment minimums are as low as $5,000 – or even nothing at all.
I've been covering the trend and believe a shakeout is coming to the advisor business over the coming decade.
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