Robo 3.0: The rise of the asset managers and the robo advisor response

Celent will help qualify your requirements and introduce you to the vendor
Spotted a missing vendor? Use this form to alert a vendor to the Celent service
Create a vendor selection project & run comparison reports
Register to access this feature
Click to express your interest in this report
Indication of coverage against your requirements
Vendor requires PRO subscription to activate this feature
Requires research subscription, contact Celent for more info
3 March 2016
William Trout
In Disrupting the Disruptors: RIAs, Online Brokers, and the Challenge to the Automated Investment Advisors, published back in December 2014, I looked at how traditional wealth managers were responding to the threat posed by a new generation of automated investment advisors, the so-called robo advisors. Robo for blogSince that time, much has changed in the world of automated investments. The early days of robo advisory (what I call Robo 1.0) came to an end when vertically integrated asset managers Charles Schwab and Vanguard launched their own platforms (Robo 2.0). More recently, pure play asset managers BlackRock and Invesco have entered the fray. My latest report examines the strategic motivations of these asset managers and the degree to which they can sustain the momentum created by the first generation of robo advisors. It also examines the implications for traditional investments providers, including the HNW focused wirehouses. Lastly, it asks to what degree the entrance of the asset managers will spark the launch of vastly more sophisticated and scalable robo advisory solutions (Robo 3.0) by deep pocketed technology firms and innovative incumbents.

Insight details

Content Type
Blogs
Location
Asia-Pacific, EMEA, LATAM, North America