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JPMorgan rolls out robo-advisor

July 11, 2019

Via: Finextra

Available on and the Chase mobile app, the service builds portfolios to match individual consumer preferences for risk tolerance, financial goals and time horizon.

Portfolios are created using a diverse mix of JPMorgan ETFs and customers are charged an industry average annual fee of 0.35% of assets, or 35 basis points.

The robo-advisory roll out comes after a year of user trials at 27 branches in New York.

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