Robo Advisors - Emerging Trends for Individual Investors
In our rapidly changing world, traditional practices and services tend to be displaced by faster and more consumer friendly substitutes. The emergence of the online platform has facilitated this shift from “in-person” assistance to algebraically programmed, artificial management.
Online investment services, so-called "robo-advisors", are surging in popularity. A critical question for investors concerns the future role of robo-advisors within the financial advisory industry. Could robo-advisors replace the traditional financial advisor?
This report will investigate the positive features of robo-advisors and examine the obstacles they face. In short, this new industry will likely carve out a growing role in future portfolio management.