Only 5% of UK millennial investors use robo-advice services, as human expertise is still preferred over AI technology
Technology is a relatively new addition within the wealth management industry, from robo-advisors to AI-enabled chatbots. However, the need for human financial advice will not be pushed to the side any time soon, says GlobalData, a leading data and analytics company. According to GlobalData’s recent ‘UK Investors Survey’, face-to-face communication,…
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