Online brokers without automated and recommendation-based advisory functions are not included in this segment.
- Automated online portfolio management of private assets
- Financial advisory based on smart algorithms, lead investors or swarm intelligence (social trading)
- Notable robo-advisors, e.g. Betterment, Wealthfront, Scalable Capital
- Traditional online brokers
- Human wealth manager advisory
Personal Finance report 2019
Statista Digital Market OutlookDownload
Assets under Management Assets under Management Growth
in the Robo-Advisors market in million US$ in percent
- Assets under Management
- Assets under Management Growth
Users Penetration Rate
in the Robo-Advisors market in thousand in percent
- Penetration Rate
In the lackluster investment environment of the last decade with underperfoming ETFs and falling commodity prices, Robo-Advisory quickly gained public interest. Large investment funds are implementing the Robo-Advisory technology as the efficiency of automated portfolio management promises high return rates compared to old-fashioned alternatives. One must also expect a consolidation between independent players in the industry, as profitability is strongly related to scalability and high volumes under management. Though Robo-Advisory has proved itself over recent years and has been adopted by many banks as a part of their services, they yet have to demonstrate their effectiveness in the next recession.
av. Assets under Management per User
in the Robo-Advisors market in US$
Global Comparison - Assets under Management
in the Robo-Advisors market in million US$
The Robo-Advisors data is based on Statista primary research (Statista Global Consumer Survey), bottom-up modeling, market data from independent databases and third-party sources, analysis of various key market and macroeconomic indicators, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts.
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