June 15, 2017
The big banks are closely following a new way of investing that threatens to steal a good part of their customer base – robo-advisors. Investing through these tools usually costs less and yields more than many of the financial products of traditional banks, and does not require financial knowledge from the customer.
Automated financial advisor apps and services are expected to manage approximately 10% of all global assets under management (AUM) by 2020. Let's take a closer look at the robo-advisor segment in Brazil: