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Sallie Krawcheck announces funding for launch of women-focused robo-adviser

Concept of gender-specific automated investment service takes off with the second of its kind just a month after the first launched.

Sallie Krawcheck, chairwoman of Pax Ellevate Management and Ellevate Network is launching a robo-adviser targeted to women, Ellevest.

The automated investment platform, which is geared toward women investors, is slated to launch in early 2016. The announcement comes a month after the first gender-s

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