Robo-Advisors

United States

Highlights
Market definition
in-scope / out-of-scope
Reports special
  • Assets under Manegement in the Robo-Advisors segment amounts to US$283,255m in 2018.
  • Assets under Management are expected to show an annual growth rate (CAGR 2018-2022) of 22.8% resulting in the total amount of US$643,365m by 2022.
  • In the Robo-Advisors segment, the number of users is expected to amount to 12,673.3 thousand by 2022.
  • The average assets under management per user in the Robo-Advisors segment amounts to US$43,039 in 2018.
  • From a global comparison perspective it is shown that the highest assets under management is reached in the United States (US$283,255m in 2018).
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The Robo-Advisors segment contains private asset management providers who offer automated online portfolios in which private investors can choose investment volumes depending on their scope and private appetite for risk. Providers such as Wealthfront, Schwab Intelligent Portfolios and Betterment allow private and/or institutional investors to invest their money (starting at very small amounts) in pre-existing portfolios, which are automatically managed by individually configured algorithms. The advantage of these services lies in the passive role of the investor, who may not want or cannot afford ongoing personal monitoring of their portfolio development. Such automated investment services also allow for attractive returns with low starting capital and without specific investment know-how, which is in contrast to classic investments offered by traditional banks. In the Robo-Advisors segment, financial figures show the assets under management of automated online portfolios.

Online brokers without automated and recommendation-based advisory functions are not included in this segment.
in-scope
  • 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
out-of-scope
  • Traditional online brokers
  • Human wealth manager advisory
FinTech Report 2018 - Personal Finance

FinTech Report 2018 - Personal Finance

Statista Digital Market Outlook - Segment Report
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Assets under Management (2018)
+45.4% yoy
US$283,255m
User (2018)
+34.5% yoy
6,581.4 thousand

Assets under Management Assets under Management Growth

in the Robo-Advisors market in million US$ in percent

Reading Support Assets under Management in the Robo-Advisors segment amounts to US$283,255m in 2018. Reading Support The Robo-Advisors segment is expected to show a growth in Assets under Management of 33.8% in 2019.

  • Assets under Management
  • Assets under Management Growth
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Assets under Management:

The “Assets under Management” (AuM) box shows the forecasted AuM development of the selected market (market segment, region) in for each year (stock). Assets under Management Growth :The "AuM Growth" box shows the year-over-year changes in assets under management of the selected market (market segment, region) in percentage terms. A definition and detailed explanation of the displayed markets can be found here.

A definition and detailed explanation of the displayed markets can be found here.
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User Penetration Rate

in the Robo-Advisors market in thousand in percent

Reading Support In the Robo-Advisors segment, the number of users is expected to amount to 12,673.3 thousand by 2022. Reading Support User penetration in the Robo-Advisors segment is at 2.0% in 2018.

  • User
  • Penetration Rate
Info

User:

The “User” box shows the number of active paying customers (or accounts) of the selected market (market segment, region) in millions for each year.


Penetration Rate:

The “Penetration Rate” box shows the share of active paying customers (or accounts) from the total population of the selected market (market segment, region) for each year.

A definition and detailed explanation of the displayed markets can be found here.
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av. Assets under Management per User

in the Robo-Advisors market in US$

Reading Support The average assets under management per user in the Robo-Advisors segment amounts to US$43,039 in 2018.

Info

Average Assets under Management per User:

The box shows the average annual stock of assets under management per user (or potential user) of the selected market (market segment, region) for each year. A definition and detailed explanation of the displayed markets can be found here.

A definition and detailed explanation of the displayed markets can be found here.
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Global Comparison - Assets under Management

in the Robo-Advisors market in million US$

Reading Support With a total transaction value of US$283,255m in 2018, the highest value worldwide is reached in the United States.

Info

Global Comparison – Assets under Management:

The box shows a comparison of assets under management for 50 of the world’s leading digital economies in the selected market (market segment, region) and year. A definition and detailed explanation of the displayed markets can be found here.


A definition and detailed explanation of the displayed markets can be found here.
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Key Market Indicators

The following Key Market Indicators give an overview of the demographic, economic and technological development of the selected region on the basis of general KPIs. The calculation of Statista’s Market Outlook is based on a complex market-driver logic including over 400 region-specific data sets.

2016201720182019202020212022 CAGR
(2016-2022)
Mobile Phones Volume / Capita in units
Average per capita sales of mobile phones in units | Source: Statista Analysis
x.xx x.xx x.xx x.xx x.xx x.xx x.xx
Laptops Volume / Capita in units
Average per capita sales of laptops and tablets in units. | Source: Statista Analysis
x.xx x.xx x.xx x.xx x.xx x.xx x.xx
Desktop-PCs Volume / Capita in units
Average per capita sales of Desktop-PCs in units. | Source: Statista Analysis
x.xxx x.xxx x.xxx x.xxx x.xxx x.xxx x.xxx
Mobile Phones Revenue / Capita in US$
Average revenue of mobile phones per capita | Source: Statista Analysis
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Laptops Revenue / Capita in US$
Average revenue of laptops and tablets per capita. | Source: Statista Analysis
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Desktop-PC Revenue / Capita in US$
Average revenue of Desktop-PCs per capita. | Source: Statista Analysis
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New registered companies
Number of newly established and registered companies (within the past 12 months) in the selected region. | Source: OECD, Eurostat, Statista Analysis
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Smartphone Penetration in %
Percentage of individuals from the total population using a smartphone on a monthly basis. | Source: Statista Analysis
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Internet Penetration in %
Percentage of individuals from the total population using the internet on a monthly basis. | Source: Statista Analysis
xx.x xx.x xx.x xx.x xx.x xx.x xx.x
Consumer Spending / Capita in US$
Average consumer spending per capita of private households in the selected region | Source: Statista Analysis, based on UN, World Bank, IMF, Eurostat and national statistical offices
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GDP / Capita in US$
Gross domestic product of the selected region in relation to the total population. | Source: IMF
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Households in m
Total number of households in the selected region. | Source: Statista Analysis
xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x xxx.x
Population in m
Number of individuals (all ages) living in the selected region. | Source: World Bank, Statista Analysis
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0-15 years in m
Number of individuals (age 0-15) living in the selected region. | Source: World Bank, Statista Analysis
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16-24 years in m
Number of individuals (age 16-24) living in the selected region. | Source: World Bank, Statista Analysis
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25-34 years in m
Number of individuals (age 25-34) living in the selected region. | Source: World Bank, Statista Analysis
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35-44 years in m
Number of individuals (age 35-44) living in the selected region. | Source: World Bank, Statista Analysis
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45-54 years in m
Number of individuals (age 45-54) living in the selected region. | Source: World Bank, Statista Analysis
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55+ years in m
Number of individuals (age 55 and older) living in the selected region. | Source: World Bank, Statista Analysis
xx.x xx.x xx.x xx.x xx.x xxx.x xxx.x
Telecommunication
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Average Connection Speed in kbits/s
Average internet connection speed in Kbits/s. | Source: Akamai, Statista Analysis
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Fixed Broadband Subscription / 100 Capita
Number of fixed broadband subscriptions per 100 inhabitants. | Source: World Bank, Statista Analysis
xx.x xx.x xx.x xx.x xx.x xx.x xx.x
Finance
Click arrow to expand
Online Banking Penetration in %
Percentage of individuals (total population over 16 years) using online-banking services at least once a year (e.g. bank transfers, account information). | Source: Eurostat, Statista Analysis
xx.x xx.x xx.x xx.x xx.x xx.x xx.x
Debit Card Penetration in %
Percentage of individuals (total population over 16 years) who own at least one debit card. | Source: World Bank, Statista Analysis
xx.x xx.x xx.x xx.x xx.x xx.x xx.x
Source: Statista, September 2018
Source: Statista, September 2018, based on IMF, World Bank, UN and Eurostat
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