Tim Sargisson: Robo-advice's significant economic challenges

Advisers must still raise their game

clock • 3 min read

The attractions of robo-advice should be obvious to most financial services providers but what is considerably less clear, writes Tim Sargisson, is how to deal with the challenge of building scale

Stifle a collective yawn, if you can, but ‘the robots are coming' is news again. Channel 4 has a new series, The Rise of the Robots, which will look at where intelligent robots interact with us as equals. Meanwhile, one national newspaper recently published an article that featured a piece of research by Oxford University highlighting those jobs most at risk of automation. Financial advisers are apparently 58% at risk - though spare a thought for the humble accountant, where there is a 94% chance of being replaced by a new breed of automated auditing and associated number-crunching proce...

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 Your profession

The importance of female representation in wealth management

The importance of female representation in wealth management

'Representation at senior levels helps inspire the next generation of female advisers'

Amy Grace
clock 15 October 2025 • 5 min read
From youth mentor to advice: Mark Singh's journey to financial advice and empowerment

From youth mentor to advice: Mark Singh's journey to financial advice and empowerment

A passion for financial education and youth empowerment

Professional Adviser
clock 15 October 2025 • 3 min read
Autumn Budget 2025: Chancellor reconsidering cash ISA reforms

Autumn Budget 2025: Chancellor reconsidering cash ISA reforms

The updates advisers need in the run up to the Autumn Budget 2025 on 26 November

Professional Adviser
clock 15 October 2025 • 1 min read