Robo-Advisors AUM Could Grow To $5 Trillion In 10 Years: Citi

Mani

Published onSeptember 3, 2015

Updated on May 13, 2021

The machines are coming...

Despite starting with zero AUM in 2012, the growth of robo-advice has surged to touch $14 billion in AUM at the end of 2014 and could grow to $5 trillion in 10 years, believe Citi analysts. However, Haley A Tam and team at Citi also said in their Sept. 3 research report titled: "Rise of Machines: Retail revolution" that there will always remain a place for face to face, bespoke "quality" advice for those with higher value portfolios.

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Robo-advisors could pose substitution threat

Tam and team note that the financial industry has witnessed a lot of technology-led innovation and change, and the analysts see robo-advice as a new and growing disruptive innovation in this field. The following sets forth SWOT analysis on robo-advisers:

SWOT analysis Robo-Advisors AUM Robo-Advisors AUM — Robo-Advisors

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Robo-Advisors AUM Could Grow To $5 Trillion In 10 Years: Citi

Robo-advisors could pose substitution threat

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