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Robo-advice

Millennials value financial advice at just £28.50 per hour

Best Practice | 17 Nov 16

Millennials value financial advice at just £28.50 per hour

Millennials are willing to pay an average of just £28.50 ($35.50, €33.12) per hour for financial advice, casting doubt on the industry’s ability to capture younger clients amid the rise of robo-advice, research from financial services PR consultancy MRM has found.

Singapore

Asia | 2 Nov 16

Newly-launched platform targets Singapore’s HNW and US expats

Crossbridge Capital and Morningstar are collaborating on a newly-launched digital advisory platform that targets high net worth (HNW) individuals and US expats, which they believe are under-served in Asia.

Robo-advisers will not ‘kill off’ traditional IFAs

Technology | 1 Nov 16

Robo-advisers will not ‘kill off’ traditional IFAs

Robo-advice will not kill off financial advisers but will instead help them cater to less profitable clients, according to chief executive of digital investment manager Moo.la, Gemma Godfrey.

Nutmeg preparing to launch free advice chatbot

Technology | 28 Oct 16

Nutmeg preparing to launch free advice chatbot

Online investment platform Nutmeg has confirmed that it is in the testing stages of launching its automated advice service.

Farringdon to launch Shariah-compliant robo-adviser in Asia

Asia | 27 Oct 16

Farringdon to launch Shariah-compliant robo-adviser in Asia

The Malaysian-based wealth management firm, Farringdon Group, said it plans to launch Asia’s fist Shariah-compliant robo-adviser in December.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.