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The stock market has shown some positive momentum. Last week was marked by a significant climb in NVIDIA stock, which soared well above the $1000 level, gaining over 15% for the week. This was also accompanied by the announcement of a 10-1 stock split scheduled for June 10th.
Traditionalists will say that robo-advisors are on the fringes of fintech. Deloitte predicted that by 2025, up to $7 trillion of global wealth will be managed by automated systems. While automation, digitalization, and AI are exciting for financial advisors who are now empowered to scale their businesses faster than ever by leveraging data-forward tools the importance of the human touch shouldn't be overlooked.
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