$1 million or less in assets? You may not be worthy of a human advisor as professionals hand smaller portfolios to AI - Yahoo Finance
AI SummaryAI-generated — verify against the source.Financial advisory firms are increasingly leveraging AI-driven automated solutions to manage portfolios under $1 million, effectively offloading smaller accounts from human advisors. This shift highlights a growing industry trend where AI is used to maintain service levels for mass-affluent clients while allowing human advisors to focus on high-net-worth individuals.
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