U.S. Bancorp Turns to Robos to Boost Wealth-Management Assets
U.S. Bancorp’s wealth-management unit has dragged behind its competitors. To rectify that, it’s planning to use robo-advisors to reel in younger investors — in hopes that they later will buy pricier wealth services, Barron’s writes. The company is the fifth-largest commercial bank in the country — according to Barron’s —…
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