Bringing you live news and features since 2006 

B2B route to robo advice recommended

RELATED TOPICS​

Wealth management firm Celent has released a new report titled Robo in a Box: The UK Adviser and the Future of B2B Robo Advice.

The report was written by Will Trout, a Senior Analyst with Celent’s Wealth Management practice. B2B robo advice platforms, particularly ‘robo in a box’ solutions driven by application programming interfaces (APIs), are reshaping the way investments advice is delivered in the UK, the firm writes.

While the direct-to-consumer (D2C) robo advice market in the UK is crowded, UK advisers are just starting to embrace a business-to-business or ‘hybrid’ approach to delivery. B2B robo advice is a way to serve younger clients as well as those who may never come into much money at all. Although the task of integrating data across large organizations should not be underestimated, getting institutions comfortable with storing client data outside firm walls remains the real challenge.

“Not every adviser seeks to grow their business, but UK advisers whose ambitions extend beyond the golf course are looking to B2B robo advice as a way to capture future generations of clients,” says Trout.

“While D2C robos take a hard-coded approach to advice delivery, the light architectural footprint (‘Code it on the fly’) of the B2B model represents the best way of helping providers respond to shifting client demands and market conditions," he adds.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by