Robo-Advisers Find Popularity Where Few Thought They Would

Post on October 30, 2017

While the amount of overall assets under management (AUM) of robo-advisers in Canada is not known (only one firm, Wealthsimple, has publicly announced its AUM recently hit more than $1-billion), the services are booming in the United States: the platforms held $103.3-billion (U.S) in assets under management as of June, 2017, according to a report by Corporate Insight, a market research firm in New York.

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