Robo advisors and fintech startups will see much growth in the next five years, but researchers say established players will keep their AUM edge and become more digitally competitive too.
Robo startups are expected to reach $452 billion in AUM in five years, but incumbent firms will possess over $1 trillion in AUM in the digital automated advice space, according to Steffen Binder, managing director and co-founder of MyPrivateBanking Research, a finance research firm based in Switzerland.
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