Goldman Sachs has acquired a large stake in robo adviser Nutmeg, investing £45m in the business as part of the deal.
Robo-advice firm Nutmeg is piloting a full financial advice service.
A former Nutmeg boss has moved to take a new role at investment and wealth management group Walker Crips.
A financial adviser whose firm specialises in serving military clients is set to launch his own robo-advice business this month and says he is not afraid of competition from the big boys.
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