Jonathan Wauton looks at the world of robo-advice, which he says has had a comeback while no one has noticed...
By now, it's generally agreed that the robo-advice revolution of the late 2010s did not live up to expectations. However, far from this being a failure, sounding the death knell for digitalisation among wealth managers, the reality instead is that the space has simply matured. There is a new acceptance that digital wealth makes sense if done in the right way, and as a result, it has now become an accepted part of the service offering that many wealth firms want to be able to offer. Today, wealth managers are simply integrating the best of the third-party technology that emerged during...
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