Monday, October 17, 2016

Banker bot has an enormous market

Business Insider: The majority of affluent and high-net-worth individuals recognize the potential of robo-advisors and automated investment services to add value to their wealth management services.
This is a main finding of MyPrivateBanking’s recent quantitative panel survey report “Investors’ Attitudes towards Robo-Advisors – Evidence from the US and the UK", with insights from 600 affluent and wealthy investors in the US and the UK.
The report analyzes in depth the views and opinions of individual investors with regard to the robo-advisor topic. Besides exploring investors’ attitudes towards specific features of online investment platforms, the survey tests brand awareness and the target market’s level of openness towards innovation in this field. In addition to the comprehensive analysis all results are detailed in extensive data appendices.

Should I bathe and go dicker with venture capitalists, get the best mathematicians, go to town?  Naw, let's make this a small company this.  Let's get security going on the peer to peer trading.  Then, on that foundation, we have a market full of small, specialized players.

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