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

Robo 2.0 then 3.0 ...

clock • 3 min read

For all the hype around robo-advice, writes Lester Petch, it is worth asking whether it will truly revolutionise financial advice or simply entrench the market position of those with deeper pockets and established distribution

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Andrew Goodwin: Why advisers should react positively when clients praise AI

Andrew Goodwin: Why advisers should react positively when clients praise AI

We really need to do is explain why AI is neither all good nor all bad

Andrew Goodwin
clock 09 November 2026 • 5 min read
Utilities might be the next AI play for patient investors

Utilities might be the next AI play for patient investors

‘It’s less flashy than the tech sector’

Ian Aylward
clock 04 November 2026 • 3 min read
Openwork to build AI into latest technology suite with AdvisoryAI link-up

Openwork to build AI into latest technology suite with AdvisoryAI link-up

Advisers will be able to use meeting notes assistant Evie

Isabel Baxter
clock 04 November 2026 • 2 min read