DUBLIN, Nov 15, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Robo Advice In The USA - Revolution or Evolution? Including: Robo Advice, Automated Financial Planning, Financial Advice, Brokerage, Fund Platforms" report to their offering.
The USA is the world's largest market for robo advice, standing far ahead of the other marekts. Robo-advice is financial advice or portfolio management online with minimal human intervention. The Robo Advice in The USA: Revolution or Evolution? report provides strategists, marketers and senior managers with the critical information they need to assess the rapidly developing for automated investment and financial advice. Robo advice is one of the most important trends in the market, and this report gives a comprehensive assessment of the based on discussions with all the leading players globally. The US enjoys several important advantages for robo advisors, including the largest savings pool in the world, an innovation-friendly culture, a comparatively benign regulatory environment, and a strong focus amongst investors on reducing both fees and taxes. We discuss all of these factors in detail in the following chapter, and look at the future both in terms of the potential size of the market, the likely winning service models, and regulatory developments that could make regulation less friendly to the robo advisors. 2015 marked a watershed, with the first two incumbent financial providers launching automated advisors that year (Schwab and Vanguard).