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BRIEF-Fitch says robo-advisory could mark shift for U.S. wealth managers
July 12, 2017 / 5:50 PM / 4 months ago

BRIEF-Fitch says robo-advisory could mark shift for U.S. wealth managers

July 12 (Reuters) - Fitch Ratings

* Fitch says automated investment advice has potential to drive significant long-term change for retail wealth manager platforms

* Fitch says robo-advisors may also assist wealth managers in addressing new required fiduciary standards for u.s. Retirement accounts

* Fitch -believe wealth management divisions of large banks will increasingly adopt technology, following similar moves from traditional investment management firms Source text for Eikon:

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