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Keeping It Real With Qiuyan – Episode 23 – Robo-Advisors, A Snapshot

Qiuyan and I talked a lot about Robo-Advisory and based a lot of our discussion on an article written in Wealth In Asia…

“Robo-advisors have gained in popularity since they first launched a decade ago, with more platforms and Fintech companies arriving on the scene to take a slice of the pie away from traditional wealth managers.

In general terms, the robo-advisory model offers investors automated investment strategies that factor in one’s risk tolerance and time horizon. Algorithm-driven processes then invest and manage your portfolio.

As the involvement of expensive human financial advisors and portfolio managers is reduced, costs can be a fraction of the amount charged by traditional wealth managers. Betterment, a top robo-advisor based in the U.S. that has US$11 billion in assets under management (AUM), says that its investment model can increase returns by 2.66% a year.

Another major advantage of robo-advisors is a lower minimum investment requirement. Investors can make a start with as little as a few thousand dollars. This has provided younger, tech savvy retail clients with access to wealth management services traditionally reserved for the more affluent."

You can read the full article here:

Keeping It Real With Qiuyan – Episode 23 – Robo-Advisors, A Snapshot