Commentary: A place for human advisers among the tech firms

04/21/2014 | Nerd's Eye View blog

Three so-called "robo-adviser" companies have raised $95 million in venture funding in recent weeks. Michael Kitces writes that while venture capitalists are betting that these platforms will disrupt the industry, advisers should not fear the elimination of their work. Time may show that technology can perform some functions more efficiently than humans, and accordingly, advisers should shift their focus to the value they can provide, he writes.

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