If traditional UK wealth managers want to stay alive, they must find their unique selling points, invest in technology and pursue inorganic growth strategies, according to a report from SEI Wealth Platform.
BlackRock has acquired a significant minority stake in digital investment manager Scalable Capital.
UBS Wealth Management has rolled out a new digital platform targeting a broader pool of UK investors.
Robo-advice firms “do not have a clue” how to communicate well with clients according to research published on Friday calling for the FCA to enforce vigorous rules in the industry.
Joe Parkin, head of wealth and retail at iShares talks the rise of the digital investor and why financial technology is far more than just robo-advice
Robo-advice will not kill off financial advisers but will instead help them cater to less profitable clients, according to chief executive of digital investment manager Moo.la, Gemma Godfrey.
EValue founder Bruce Moss says robo-advice has the potential to irrevocably alter the consumer experience in the financial services industry, but it has to live up the regulatory standards and bespoke nature of traditional advice.
As budding financial detectives seek the culprit for last week’s ‘flash crash’ in sterling, others are reminded of crises past.
UBS is entering the robo-advice space as it prepares to bring a digital wealth management proposition to market next month in a bid to attract younger clients.
Over 80% of financial advisers are unconvinced of the merits of robo-advice services in terms of tackling the United Kingdom’s advice gap, according to research by Prudential.
UK robo-advisers are ‘wired’ to lose money and most will go bust before acquiring the sizeable assets under management needed to survive, a scathing new report has warned.
Unveiled Monday, Netwealth offers competitive all-in annual fees for investors and charges less than its industry peers, say co-founders Charlotte Ransom and Thomas Salter.
