US Robo-Advisors Threat Transforming Retail Investment: A Market Report


Over the years, robo-advising has been the new form of technology that’s been rising in retail investments and is expected to be the next step in the evolution of asset management and financial decision-making. The robo-advisor space includes online platforms such as Wealthfront, Betterment, AssetBuilder, Covestor, Financial Guard, FutureAdvisor, Jemstep, MarketRiders, Personal Capital, Rebalance IRA and SigFig. These firms develop automated investment portfolios and recommendations for their individual clients. According to a study by Deloitte, these firms grew to ~19 billion AUM by the end of 2014—a ~65%-growth from the previous eight months.

"We think robo-advisors a ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 30 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.