Lester Petch: What does the future look like for robo-advice?

Excitement around robo-advice is, understandably enough, drowning out scepticism - after all, global behemoths such as Citigroup have estimated assets managed by these platforms could reach an overall value of $5 trillion (£3.77 trillion) over the next decade. For all the hype around this technology, however, it is worth asking whether the robo expansion will truly revolutionise financial advice - or could it simply entrench the market position of those with deeper pockets and established distribution lines? To move out of obscurity, robo-advice platforms currently rely heavily on mar...