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Foster Denovo|News & opinion|News|Robo-advice profits ‘too low’ says Roger Brosch

Robo-advice profits ‘too low’ says Roger Brosch

The profits made by robo-advice are ‘too low’ at the moment to justify launching a service, according to national advice firm Foster Denovo.

‘It will be three to five years yet before it is something that we will bring in to Foster Denovo. At the moment the profit margin is too low and it makes more sense to wait to see the best models that are developed,’ Roger Brosch said.

Read the full article on New Model Adviser.

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