A robo-adviser is a wealth management service that provides wealth portfolio management advice, without the use of human financial planner, instead using automated, algorithm-based systems to provide an online service.
Robo-advice has been around for a while now and is building momentum, with around £1bn invested in UK providers, and nearly $50bn in the less regulated US. Robo-advice platforms are certainly generating higher profiles in the adviser and consumer media and this week saw the launch of the first robo-advice comparison site Wealth Dunk, which surely is a sign of market maturity. Read Article: https://www.linkedin.com/pulse/2017-year-robo-advice-goes-mainstream-chris-neal?platform=hootsuite Comments are closed.
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