LPL’s new robo-platform via BlackRock’s FutureAdvisor tests waters with $5,000 account minimum
The firm's minimum for its automated investing platform is not unheard of, but in the future that number may be even lower, experts say.
Independent broker-dealer LPL Financial has set its robo-adviser account minimum to $5,000, standard fare in a market that may soon see low or even zero-account minimums.
Earlier this year, LPL announced it was using BlackRock's FutureAdvisor for its adviser-driven digital advice platform. The na
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