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From the Vanguard effect to the Robinhood & Blockchain effect - Daily Fintech
By Efi Pylarinou, Investech expert The rush from major ETF producers to slash fees follows religiously Vanguard’s lead. The natural urge from Robo-advisors to slash fees will undoubtedly lead them to partner with Robinhood. The next big move from Robo-advisors will be towards real-time settlement. Eric Balchunas, Bloomberg Intelligence analyst, insightfully pointed out that the …