RT Journal Article SR Electronic T1 Robo-Advisors versus Traditional Investment Advisors: An Unequal Game JF The Journal of Wealth Management FD Institutional Investor Journals SP 44 OP 50 DO 10.3905/jwm.2018.21.1.044 VO 21 IS 1 A1 Matthias W. Uhl A1 Philippe Rohner YR 2018 UL https://pm-research.com/content/21/1/44.abstract AB To obtain diversified market exposure, a passive implementation of an investment strategy is generally cheaper, more efficient, and more transparent and thus a preferred way to invest for cost-sensitive clients. Robo-advisors will not only become the preferred investment solution for retail clients but will also gain importance in the affluent and high-net-worth individual segments. Through cooperation with fintech companies or acquisition of innovative technology, robo-advice could become an increasingly important element for traditional banks and wealth managers.TOPICS: Wealth management, quantitative methods