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When Robo Advisors Changed Advice

By Debbie Carlson

Dan Egan, director of behavioral finance and investing for Betterment, a robo advisor, says robos could more efficiently handle the “low-hanging fruit” services that advisors were providing previously, such as creating simple financial plans that outlined how much people needed to save, what type of individual retirement account to use or how to optimize taxes.

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This article originally published January 23rd, 2019 on