KEY TAKEAWAYS
  • The rise of independent robo-advisors that rely on a a combination of passive investment strategies, algorithmic risk assessment and low fees has shaken up the wealth management business.
  • The large incumbents in the space have taken note and responded by launching Robo-advisory services of their own on an even larger scale.
  • The question is whether independent robo-advisors can continue to survive by diversifying their offerings or are they inevitable acquisition targets for the larger incumbents in the space?

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