Automated Investment Management Space Becomes Increasingly Competitive, States Verdict Retail Report Available at MarketPublishers.com06 May 2016 • by Natalie Aster
LONDON – Digitalization process was slow to start in the wealth management industry, while it took off quickly in the field of wider financial services.
However, interest in robo-advice platforms initiated to increase in 2015, and the situation has started to change. The automated investment segment is witnessing escalating competition since new entrants launch their propositions.
The digital advice market has also started to develop at a relatively rapid pace due to support provided by software developer to traditional wealth managers.
The competition is set to keep on growing, though robo-advisors have not yet found business models appealing to HNWIs and wealthiest individuals display low interest in such services.
The regulatory landscape related to the automated advice solutions is currently underdeveloped, and industry leader have an opportunity to impact directly on the regulatory environment.
The USA can boat the low-cost robo-advice since self-directed investors located in the country are highly price-sensitive.
Cutting-edge report “Robo-Advisors: Mapping the Competitive Landscape” developed by Verdict Retail offers an up-close look at the robo-advice market. The study contains all necessary definitions related to this marketplace. It sheds light on evolution of these services and discusses regulators' approach to them.
The research report comprises case studies of robo-advisors having success and operating in different markets, such as the UK, the USA, Australia and Switzerland. The study concentrates on features of digital platforms appealing to HNWI investors. It covers attitudes of wealth managers to the services.
The report also explores benefits of partnerships between competitors using traditional business models and robo-advisors.
Other Marketplaces Explored by the Publisher Include:
More insightful reports by our partner can be found at Verdict Retail page.