In the Adapting to Change box, Millennials, who distrusted and overlooked traditional financial advisors, started using robo-advisors when investing.

Question

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Robo-advisors, automated online tools that make investment suggestions, have grown in popularity among Millennials. The fees for robo-advisors are lower than traditional advisors and robo-advisors use advanced algorithms to help manage money.

In the Adapting to Change Box, Millennials, Who Distrusted and Overlooked