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Robo-adviser reaches US$50bn milestone

While the local robo-advice industry flounders, Wealthfront has hit a record high of more than US$50 billion ($77bn) in assets under management, catering to 700,000 investors.

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Read more: WealthfrontRobo-adviceKPMGRobo-adviserBettermentDaniel TeperUBSRobo-advice in AustraliaAustralian robo-adviser