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Beyond the hype, Millennials might trust humans with their money more than robo-advisors.

Beyond the hype, Millennials might trust humans with their money more than robo-advisors. A survey from LendEDU found that 18-34-year-olds think robo-advisors are more likely to make mistakes than humans, and that they’re much more likely to lost their money. Just 37.7% of respondents thought an IRL advisor would lose their money, while 62.4% said robo-advisors would. We looked deeper into how Millennials feel about robo-advising and more, in our upcoming trend: Fintech Rising. (HRDive)

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