Exploring the World of Online Advisory Services

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Since the start of the recent recession, online advisers known as robo-advisers or “robos” have emerged.

Robo-advisers provide automated financial planning and portfolio management services with little human interaction or supervision. These online services have grown exponentially in the last decade and now number over 100. Advancing alongside the newer generation of investors, robo-advisers are and have been seeking to blend the millennial aptitude for technology with the ease and inexpensiveness of online investing.

Research from Javier Paz, senior analyst with Aite (Academy of Information Technology and Engineering) Group, shows that the assets under management (AUM) from robo-advisers is estimated to reach $1 trillion by 2020 and $1.5 trillion by 2021. Javier stated, “Digital advising will become less focused on Generation Y and begin to resemble the traditional investor.”

Each robo-advisory service offers something different and unique. Some are more advanced than others, some are more expensive. Depending on what you are seeking, one might suit you better than another. Robo-advisers are growing: Are they influencing your way of investing?

If you want a better grasp of how these online advisers make their money, how their fees are structured, where your investments might be allocated or what these advisers are, here is a collection of articles, interviews, facts and figures pertaining to the robo-advising industry. If there is a specific topic you’d like to see covered, let us know.


Jaclyn McClellan
Editor, Computerized Investing