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The Evolution of Robo-Advisers and Their Benefits
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Robo-advisers are financial planners which are based on a digital platform with little or no human interference in their operations. The use of Robo-advisers since the first launch of Betterment in 2008 has continued to go up among the low and medium net investors, while the high net investors are reluctant in incorporating them in their decision making and prefer manual processes. After constant development and upgrade of robo-advisers, they can now handle more complex work like retirement planning, investment selection and tax-loss harvesting. 


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