Will robots replace human financial advisors?

ROBO-advisors have had a meteoric rise in popularity since their debut in 2008 thanks to the support from millennials and Gen Z. Today, Robo-advisors manage US$460 bil, with some analysts predicting it will become a US$1.2 tril industry by 2024.

However, sceptics do not expect robo-advisors to replace human advisors entirely in the near future.

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