Interesting development of robo/digital advice in the financial advisory and portfolio management areas not just in Australia but around the world. Personally, I'm leaning towards to the robo-advice-is-the-future camp as machine learning can replace much of the current repetitive portfolio management process with lower margin of error and become more efficient in terms of execution and monitoring time, as well as potential cost benefits for DIY investors.
However, I'm a bit guilt of jumping to conclusion at this stage as I have not looked too much into it yet...but do watch out for this space.
