2,500% asset growth projected for robo-advice platforms
Led by major firms, assets under management forecast to reach $489B by 2020, Cerulli says.
Robo-advice platforms are expected to reach $489 billion in assets under management by 2020, an eye-catching 2,500% increase from the $18.7 billion in AUM today, and that surge will be led by the major retail firms.
“The growth will be primarily driven by retail-direct firms entering that space, a
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