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Key Digital Wealth Managers: How robo-advisors present an opportunity for fintechs and incumbents alike

Published by Business Insider on Tue, 12 Jan 2021


<bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>Digital wealth managers, also called robo-advisors, came into existence after the financial crisis in 2008, when fintechs aimed to simplify and democratize wealth management services with technology-first solutions.</p><p>Robo-advisors use technology such as AI algorithms and machine learning to manage users' assets, while often relying on a hybrid model including human advice to enhance the customer relationship.</p><p>Although they only hold a fraction of the more than $43 trillion in investable assets under management in North America, digital wealth management is set to grow in the futurepresenting an opportunity for fintechs and incumbents alike.</p><p>In this report, Insider Intelligence details the Key Digital Wealth Managers that are demonstrating best practices for the industry.</p><p>This exclusive report can be yours for FREE today.</p><p><a href="https://www.businessinsider.com/intelligence/key-digital-wealth-managers'IR=T&itm_source=businessinsider&itm_medium=content_marketing&itm_campaign=content_marketing_leadgen_link&itm_content=leadgen_teaser&itm_term=leadgen_teaser-key-digital-wealth-managers-report-2020-10&vertical=fintech#!#comments">Join the conversation about this story &#187;</a></p>
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