PT  - JOURNAL ARTICLE
AU  - Matthias W. Uhl
AU  - Philippe Rohner
TI  - Robo-Advisors versus Traditional Investment Advisors: <em>An Unequal Game</em>
AID  - 10.3905/jwm.2018.21.1.044
DP  - 2018 Apr 30
TA  - The Journal of Wealth Management
PG  - 44--50
VI  - 21
IP  - 1
4099  - https://pm-research.com/content/21/1/44.short
4100  - https://pm-research.com/content/21/1/44.full
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