Automated advice is on its way – are you prepared?

ETF specialist, ETF Consulting has conducted a detailed analysis on the subject of “automated investment advice”. Tim Bradbury, Managing Director of ETF Consulting says “We have been involved in numerous business discussions recently which prompted us to do a deeper comprehensive study. Our work leads us to believe that although in the very early stages, this innovation will take-off in the next 3-5 years in Australia.”

The analysis covered:

– Review of the advent of automated advice models overseas,

– Assessment of these offerings in relation to the Australian market place,

– Identification of the demand side (who will buy and why) and supply side (who should consider entering this market)

– Clarifies the value proposition to investors and

– Considers in detail the structures, business models, product features

– High level market entry options

– Technology/IT requirements

Learn more about the 3 likely user groups – Non-advised DIY, New Age advisers and the Disengaged client, and the reasons the automated advice market will evolve and thrive.

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How a disappearing adviser exposed vulnerabilities in the governance chain

How a disappearing adviser exposed vulnerabilities in the governance chain

On the face of it, she looked like the model adviser. She was respected by her peers, her advice was good, she regularly won awards, and her clients loved her. Then she started pre-charging clients fees for service, took the money, spent it, and disappeared. That disappearance was ultimately how Count found her.

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