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Robo roundtable: Future IFAs will serve more clients at lower cost

Advisers must change their business models if they hope to service future generations, according to our Robo Roundtable panel. 

In the second instalment from our lengthy discussion with the heads of three online investment firms (or 'robo-advisers'), Giovanni Dapra (chief executive, Moneyfarm), Johann Bornman (director of product, ETFmatic) and Adam French (chief executive, Scalable Capital) debated the future of independent financial advice.

The panel said all advice firms would need to radically change the way they are structured if they are to survive and thrive in a digital world. 

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