Robo-advice News Wrap: Financial advisors are scared – Intelliflo

By David Tuckwell on Tuesday 27 June 2017

Savings and Investment

A daily roundup of robo-advice news

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

Financial advisors are scared of robo-advice and equally scared of large product providers going directly to customers, a poll taken at Intelliflo’s conference on Monday has found. Asked what they feared and how much they dwell on it, 74 percent of respondents said they feared either robo or D2C and most said they spent “a fair bit of time” or more thinking about it.

Ever wondered how to make a robo-advisor? First choose how you much work you want to put in: building from scratch gives you control but it's expensive.  Second highlight that there’s still a human element. Third, know what your competitors are doing. For the rest, read here.

This article first appeared on www.roboadvicenews.com

Sign up for our newsletters


Your daily 7am download of all things alternative finance and fintech.

Fintech and alternative finance headlines with an exclusive Editor's Note each week. Delivered Monday at midday.