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Nutmeg expects more clients to switch to online wealth advisers

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Mr Hungerford worked at Barclays before studying at Stanford University, where he developed the idea of an online wealth adviser, encouraged by one of his professors, Google chairman Eric Schmidt.

London

THE flow of clients moving to online wealth management services from traditional banks could increase sharply as wealthy clients focus more on low fees and warm to online advice, the co-founder and CEO of British startup Nutmeg said. "We want you to feel like you're walking into