%0 Journal Article %A Matthias W. Uhl %A Philippe Rohner %T Robo-Advisors versus Traditional Investment Advisors: An Unequal Game %D 2018 %R 10.3905/jwm.2018.21.1.044 %J The Journal of Wealth Management %P 44-50 %V 21 %N 1 %X 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 %U https://jwm.pm-research.com/content/iijwealthmgmt/21/1/44.full.pdf