BlackRock makes big bet on digital advice with acquisition of robo FutureAdvisor
Deal puts the world's largest money manager squarely in the financial advice market as it branches out from managing mutual funds and its iShares brand of ETFs.
BlackRock, the $4.7 trillion asset manager, said Wednesday that it is acquiring the robo-adviser FutureAdvisor.
With the FutureAdvisor acquisition, the asset manager plans to give its clients access to the automated investment platform geared toward providing goals-based digital advice. It represent
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