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Robo-advisors have not reduced the Cash Pile - Daily Fintech
It was four years ago that Schwab and Vanguard stepped into the robo-advisory market and leapfrogged the standalone top US robo advisors, Betterment, Wealthfront, and Personal Capital. SigFig was also a big contender at the time but has pivoted since into a predominately B2B business. Anyone interested in reviewing the baby steps in grabbing market …