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How have Robo-advisors affected the business?

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The impact of Robo-advisors on the business:-

  • Assets under management of selected Robo-advisors worldwide 2018
  • No. of Robo advisors by country/region in 2017
  • Robo-Advice in Retail Banking by Banks in Germany 2016
  • Business model Threatened by Robo Advisors in Germany in 2016
  • Development of the assets under the management of Robo-advisors worldwide until 2027

Number of Robo-advisor users worldwide until 2023

Source:- Statista

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