Are Robo-Advisers Better Than Humans - Bloomberg Business
The lady on this video explains why solo robo-advice is not good alone, and how good is the hybrid model (automated advice + actual advicer). You will understand better how good will be Intiger’s business.
Click here to watch the video;
Are Robo-Advisers Better Than Humans - Bloomberg Business
Some highlights;
“Fully automated Robo-advisers have not been tested in descending markets.”
“We’ve seen big money managers try different variation.
"Last year Vanguard entered the market with a hybrid."
They have part automated portfolio but they also connected with a financial adviser.
And from June to December last year they attracted $21 billion of new assets into that hybrid program. That’s a lot of money”
“Wells Fargo, Morgan Stanley, Bank of America, they are all trying to implement this type of systems”
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