Online brokers without automated and recommendation-based advisory functions are not included in this segment.
- Automated online portfolio management of private assets
- Financial advisory based on smart algorithms, lead investors or swarm intelligence (social trading)
- Notable robo-advisors, e.g. Betterment, Wealthfront, Scalable Capital
- Traditional online brokers
- Human wealth manager advisory
Personal Finance report 2019
Statista Digital Market OutlookDownload
Assets under Management Assets under Management Growth
in the Robo-Advisors market in million € in percent
- Assets under Management
- Assets under Management Growth
Users Penetration Rate
in the Robo-Advisors market in thousand in percent
- Penetration Rate
In the lackluster investment environment of the last decade with underperforming ETFs and falling commodity prices, robo-advisory quickly gained public interest. Large investment funds are implementing robo-advisory technology as the efficiency of automated portfolio management promises high return rates compared to old-fashioned alternatives. One must also expect a consolidation between independent players in the industry as profitability is strongly related to scalability and high volumes under management. Although robo-advisory has proved itself over recent years and has been adopted by many banks as a part of their services, it has yet to prove its effectiveness in the next recession.
av. Assets under Management per User
in the Robo-Advisors market in €
Global Comparison - Assets under Management
in the Robo-Advisors market in million €
The Robo-Advisors data is based on Statista’s primary research (the Statista Global Consumer Survey), bottom-up modeling, market data from independent databases and third-party sources, the analysis of various key market and macroeconomic indicators, historical developments, current trends, the reported performance indicators of the key market players, and Statista interviews with market experts.
Here you can find more studies and statistics about "Robo-Advisors".