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US Bank, a commercial banking provider, has launched a strategic partnership with BlackRock-owned FutureAdvisor, becoming the latest group to team up with an automated investment platform, according to a US Bank statement.
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FutureAdvisor is a digital investment manager registered with the US’ Securities and Exchange Commission. Founded in 2010, the group is reported to have $600 million in assets under management, catering to a large clientele in the US. The new alliance with US Bank is the latest partnership between two seemingly differentiated companies, each ... (read more)