Robo Advice News

The expression ‘pay peanuts, get monkeys’ certainly doesn’t apply to automated investment advice. The robo advice industry has shown that it is possible to pay incredibly low fees, and still earn returns that outperform more expensive options. The SPIVA Scorecard has demonstrated this repeatedly over the last 20 years. Settling…

For anyone considering automated advice, the obvious question is “How will I benefit from robo advice?”. We provide the answers based on the latest research. At a broad level, robo advice provides plenty of advantages to Australians looking to build wealth or achieve personal goals. Importantly, robo advice is far…

The number of financial advisors in Australia continues to fall, dropping from 26,500 to 16,671 between 2019 and 2022, according to research from Rainmaker Information. Alex Dunnin, executive director of research at Rainmaker Information, says, “All projections for advisor numbers point to no recovery without profound structural industry policy change.”…

A recent global study highlights growing demand for robo advice. Here’s why automated advice is going from strength to strength According to the 2022 Robo Advisory Global Market Outlook Report, the robo advice industry is set to experience compound annual growth of 48%, with the market forecast to be worth…