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While full automation may be appropriate for investors in the early stages of wealth accumulation (<$500,000 in household wealth), a wealth management model that combines best of breed automation with a human advisory element may be a better course for those with greater levels of wealth (>$500,000 in household wealth).
It seems like a good way for the company to juice revenues through interest payments rather than a fee-based model which would require going head-to-head with the growing number of asset managers that are now offering mixed automated investment and human advisory services.
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