Robo-advice News Wrap: What do rich families want?

By David Tuckwell on Friday 16 June 2017

Savings and Investment

A roundup of daily robo-advice news

Robo-advice news from around the world, summarised daily.

Rich families whose assets form the heart of wealth management are on the fence with robo-advice. Some, especially the young, want better digital and online services and are open to robo. Many, especially the older generations who control the purse strings, want a personal relationship manager.

But everyone likes a bargain.

Read more at the Financial Times. 

Australia’s Macquarie Bank is restructuring its robo service following the death of its chief investment officer. Robo will now be integrated into the wealth management platform rather than being offered as a separate service.

Read more at International Adviser.

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