Robo-advisors have become popular as tools for low cost, automated investment opportunities for the masses. We look at what is driving millennials towards robo-advisory apps and websites.
The incumbents have also been quick to launch several hybrid advisory solutions utilising these robo-advisors, through acquisitions or partnerships. Most have launched chatbots as a channel.
The report looks at more than 250 robo-advisors active globally to understand the various business models that exist. The report also presents the market size and growth projections for the robo-advisory segment in various parts of the world.
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