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I'll just say that when it comes to algorithmic portfolio planning, I think there will continue to be downward pressure on the fees that can be charged. Basic
by thoman23 11y ago
I'll just say that when it comes to algorithmic portfolio planning, I think there will continue to be downward pressure on the fees that can be charged. Basic portfolio planning and diversification services are clearly becoming commoditized. The traditional high-touch personal wealth advisor will still provide value to their clients, and both clients and advisors will ultimately benefit from the improved technology that handles the actual portfolio management chores.