Global Robo-advisory Market Overview:
A robo-advisor is a platform generally refers to an automated digital investment advisory program. With least effort from the investment managers, the software computes data to generate reports on the type and duration of asset or security to invest in. Moreover, it offers a variety of services which can be useful in providing to a large group of investors based on their budget, risk appetite, and the term of the investment. The robo-advisory market is anticipated to show a significant growth in near future Some of the key players profiled in the study are Wealthfront Inc. (United States), Betterment Holdings Inc. (United States), Charles Schwab & Co. (United States), Bambu (Singapore), Hedgeable, Inc. (United States), WiseBanyan, Inc. (United States), Ally Financial Inc. (United States), AssetBuilder Inc. (United States), SigFig Wealth Management (United States) and Blooom, Inc. (United States).
On the basis of geography, the market of Robo-advisory has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Services, the sub-segment i.e. Tax-Loss Harvesting will boost the Robo-advisory market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Automation Mode, the sub-segment i.e. Fully Automated will boost the Robo-advisory market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud Based will boost the Robo-advisory market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Compliance With Strict Industry Regulations
- Digitisation and Process Automation Optimises Wealth Management Process
- Great Solution for Beginning Investors
- Lack of Direct Contact or Personalised Support to the Clients
- Inability to Adapt to Changing Scenarios on the Run-Time
- Rising Innovations in the Finance Industry
- Adoption of Blockchain and AI in the Wealth Management Platform
- Lack of Awareness About Robo-Advisory Solutions in Developing Regions
- Lack of Technical Expertise Among Enterprise Professionals
Under the Advisers Act, robo-advisers should consider whether the organization and operation of their programs raise any issues under the other federal securities laws, including the Investment Company Act of 1940 (the “Investment Company Act”), and in particular Rule 3a-4 under that Act.
Target Audience:Service Providers and Distributors, Wealth Management Platform Software Builders, Independent Software Vendors, Enterprises and End Users
Major Objectives Focused through this Study To define, describe, and forecast the Global Robo-advisory market on the basis of product  , application [Healthcare, Retail, Education and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Robo-advisory market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Robo-advisory industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Dorsum (Hungary), Objectway (Italy), Finantix (Italy) and Temenos (Switzerland).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Robo-advisory market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.