For all their headlines and growing popularity, robo-advisors are still an emergent technology—and changes are undoubtedlyin store not just in their evolution, but also for clients and forfinancial advisors.

Investor’s Business Daily reports on the predictions of industryprofessionals regarding the direction in which robo-advisors maygo, and what advisors can do to make current client relationshipsmore secure.

According to Brian Barnes, founder and CEO of M1 Finance, robo-advisors are so much better atcomputations—volume, speed, accuracy—that they’ll thrive. Inaddition, he says in the report, “A lot of fintech players havebeen seeded with so much money that they’ll only have to perfectthe experience once, and then they can distribute it to others.That will change things. Millennials are starting to make decentsalaries and save a bit, and they don’t care about the 150-yearhistory of an established fund company. Innovators are offeringcheaper and more personalized experience.”

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