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Which of the following is most likely an advantage of traditional financial advisers over fully automated digital wealth managers?
Explanation:
Explanation:
Traditional financial advisers are more likely to provide solutions tailored to complex portfolios, especially for affluent investors with diverse asset types (e.g., venture capital, private equity, real estate, global stocks, and bonds). Fully automated digital wealth managers (robo-advisers) typically focus on low-cost, diversified portfolios using ETFs and may lack the customization required for intricate investment needs. While robo-advisers offer features like dividend reinvestment and low account minimums, they often fall short in addressing highly specialized or unique investor preferences, making human advisers indispensable for complex scenarios.