Robo-Advisors and Robo-Advisories
Advice given by Third Party Robo-Advisors. Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
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ROBO ADVISOR SAYS : SPX - ROBO-ADVISOR still sitting patiently for the mkt to come to ROBO-ADVISOR to get short for what could possibly be a panic move lower, time will tell of course.'
The Asset Management Industry is grappling with a number of issues. A combination of the curren
"The Asset Management Industry is grappling with a number of issues. A combination of the current low interest environment, alongside the digital tsunami, shifting demographics, new well-funded fintech players and the rise of robo-advisors, and it is clear the asset management industry is witnessing unprecedented levels of change"
Market regulator SEBI recently unveiled a discussion paper on robo advisory and alg
"According to KPMG-Nasscom’s recent study, robo advisory, which is reforming the landscape of wealth advisory services, is projected to grow at a CAGR of 68 per cent over the next five years and manage $5 trillion worth of assets by 2050 globally"
In a previous article, we opined that the truth behind robo advisors is that they simply take the same private wealth management tools that a human financial advisor would always use and then automate them, simplify them, and externalize them. We tried to prove this by comparing robo advisor Betterment with Motif Investing and pointed out that in …
"The truth behind robo advisors is that they simply take the same private wealth management tools that a human financial advisor would always use and then automate them, simplify them, and externalize them"
It's likely that incumbents will take advantage of robo-advisory technology and maintain dominance of the market. Although Bernstein remained on the fence over the future of the robo-advisor market, it did point out that incumbents such as Vanguard and Schwab have already entered the fray with their own robo-advisory products.
"Many startup robo-advisors, like Betterment, claim they can offer similar or better returns than legacy wealth managers for much lower fees"
Custodian offers five portfolios with investment selected by Morningstar professionals.
"TD Ameritrade Holding Corp. is the latest custodian to launch a low-cost direct-to-consumer robo-advice platform to attract clients who don't want to pay more for human help with financial planning and investing"
As big players enter the fray, investors eventually will realize they’re overpaying for a simple service, says Cullen Roche.
"The only reason you would ever open a robo-adviser account is if you are unaware of the fact that you’re buying something that already exists in a lower-fee structure. You know, the same reason why people own trillions in closet index funds and hedge funds ... sigh. I know I am harsh on issues like this, but I truly loath seeing high(er) management fees when you can buy something virtually identical for far less"
"While there is vast potential in this area in Japan, the gains made by the robo-advisory industry may be limited if it does not strive to improve investment literacy and enhance accuracy and transparency of information"
Even though robo advisors currently allocate 100% to passive strategies, they are the possible disrupting force in asset allocation
"When robo-advisors first hit the scene a few years ago, traditional human financial advisors were anxious about facing off against this lower-cost automated competitor. But now, most humans have adopted an "If you can't beat 'em, join 'em" mentality"
Go-Jek will explore different verticals with focus on Indonesia before going into regional expansion, according to a Bloomberg report
"Go-Jek launched as an on-demand ridesharing service for motorcycles. It actually derived its name from ojek, which is the vernacular for motorcycle taxi or similar modes of transport — a popular means of moving about, particularly in Indonesian cities, which are among the world’s most congested in terms of traffic conditions"
"sia is about to get its first Sharia-compliant robo-advisor, according to Banking Technology
Nerdwallet's experts rank the best robo advisors for 2016. Find where to open your account for robo investing: offers include up to 6 months free management.
"Investors may reap higher returns by using robo-advisors because of lower fees, combined with premium features like automatic rebalancing and tax-loss harvesting. To help you identify which service is best for you, we’ve selected the top robo-advisors for each type of investor"
Yes, digital advice platforms offer low fees, but is that enough to make them superior fiduciaries, or even fiduciaries at all?
“While some robo-advisors may not charge a fee to users, they do not offer their services without compensation. The compensation they receive ultimately is paid for by their customers in the form of higher fees embedded in investment products and services"
A robo-advisor is a computer programme. You cannot speak to it like you can with a human adviser
"There are about 45 robo-advisors in India. More are expected to come up. Many new distributors are finding out that, compared to traditional set-ups, technology provides better and cheaper ways of reach out to new and potential clients—especially amidst the tighter distribution regulations that have reduced the distributors’ commissions. At the same time, young investors are spending more and more time on the internet.
"The financial industry is undergoing a profound shift that looks set to continue for the foreseeable future. Not only is the fight between active and passive management is showing no signs of letting up,financial advisors staring down the threat of ETFs now have a new emerging adversary to consider – robo advisors"
Wells Fargo has finally revealed its plans to enter the digital advice market.
"The recently embattled bank announced a new partnership Tuesday with SigFig, a technology company based based in San Francisco, to develop a new robo advisory offering for Wells Fargo Advisors"
Obligations of registered portfolio managers will also require a significant hiring of people who can speak with clients about their investments, and that limits scalability by adding to costs
"Regulatory filings for Betterment LLC, the largest U.S. robo-adviser, show that it manages $5-billion in assets on behalf of 130,000 clients. That’s an average of about $38,000 per client. It employs 136 people, of which only eight are registered to give investment advice and another seven are licensed salespeople. So Betterment’s 15 licensed employees serve nearly 9,000 clients each"
But what could possibly motivate investors to throw so much dough behind this new, relatively unproven wealth management philosophy?
"Algorithms are capable of quite a lot in 2016. Match Group (ticker: MTCH) algorithms help people date; Tesla Motors (TSLA) algorithms help people drive; Spotify helps people discover new music, and now robo advisors can help diversify their portfolios.
Robo advisors are automated online tools that can make investment suggestions, manage money, routinely rebalance portfolios and even make savvy trades to minimize taxes. And they're becoming more and more popular each day"
A robo-advisor (robo-adviser) is an online wealth management service that provides automated, algorithm-based portfolio management advice without the use of human financial planners.
"A robo-advisor (robo-adviser) is an online wealth management service that provides automated, algorithm-based portfolio management advice without the use of human financial planners"
'Robo advisors' are digital platforms that automatically invest your money based on certain risk profiles.
In a note sent to clients on Monday, analyst Inigo Fraser-Jenkins and his team wrote: "We think there is a strong case to be made that assets run by such strategies will increase significantly. They are easy to use, transparent and the robo label will probably act as a good marketing tool."
“When people start depending on self-driving cars delivered by Google, Apple or Uber, they won’t learn how to drive. They will never learn (or forget) how to: navigate their surroundings, care for valuable machinery, budget for an important purchase, and solve problems behind the wheel. A big part of the human learning curve will no longer be necessary – made obsolete by technology. Robo-advisors are the self-driving cars of personal finance. Their pitch is: You don’t need to learn or do anything to reach your financial goals. Just sign up and push buttons. The computer will do the thinking for you, eliminating the need for financial education and self-empowerment”
Can computers via automated investment services replace financial advisors and give sound investment advice?
"Computers to aid with finance is already here, so the question is; can they help with your own investing? Can computers replace humans and give sound financial advice? Previously when investing, your choices were pretty limited"
Image source: The Motley Fool. Renowned investor David Gardner (whose Stock Advisor newsletter was reported in The Wall Street Journal as one of the best
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At last count, the Yadav family had 23 members in active politics, and perhaps its such numbers that may be responsible for the jostling within the party.
“The idea of ‘one family, one ticket’ is itself a recognition of a problem, particularly for younger aspiring parliamentarians. I think dynastic politics is here to stay in India,” is how Patrick French, historian and author of India: A Portrait, puts it"
Six top staffers have left the Chinese-backed, Silicon Valley-based startup car company Faraday Future in recent months, the automaker confirmed to Jalopnik following an inside tip. The alleged reason for their departures does not look great for the mysterious company attempting to make a billion-dollar foothold here in America.
"Six top staffers have left the Chinese-backed, Silicon Valley-based startup car company Faraday Future in recent months, the automaker confirmed to Jalopnik following an inside tip"