Robo-advice or digital delivery of investment-related support for investors has been a prominent topic for the financial services industry in the past year. Significant attention has been focused on firms such as Betterment, Wealthfront, Schwab, and Vanguard in their launch of robo-advice solutions targeted to individual retail investors and how these solutions may be a competitive threat to traditional financial advisors. While several of these and other providers have also introduced capabilities designed to support financial advisors, less attention has been given to how robo-advice might be leveraged in intermediary channels.
Questions remain including how interested are advisors in offering robo-advice, what sources will they likely turn to for help and support, what challenges do they face in taking advantage of digital advice capabilities, and what are their preferences as far as the features and capabilities that could comprise an advisor-focused digital advice offering.
Exploring Robo-Advice from the Advisors Perspective - What Advisors Think About Digital Advice 2016 examines advisors interest, needs, and expectations related to leveraging robo-advice solutions.
The analysis looks in detail at specific elements of robo-advice from the advisors singular viewpoint including their awareness and consideration of leading providers and platforms, the key concerns or challenges in using robo-advice, the anticipated benefits and impact on their practices, the models, strategies, and tactics they expect to put in place, the audiences they perceive as key targets for robo-advice, and the key features and benefits most important in a robo-advice solution.
The report provides a detailed analysis by major intermediary channels to help illustrate key differences in needs and expectations for robo-advice among RIAs, Independent advisors, and Full Service advisors (WIrehouse, Regional, and National firms).
Key Topics Covered:
Section I: Executive Summary
Section II: Introduction and Methodology
Section III: Advisors Interest and Focus on Robo-Advice
Section IV: Delivering Robo-Advice: Approaches and Expected Impact
Section V: Robo-Advice Implementation: Key Preferences
Section VI: Characteristics Of Advisors
Section X: Implications And Outlook
For more information about this report visit http://www.researchandmarkets.com/research/dw4mhs/what_advisors
Related Topics: Investment Banking