Assets under management of selected robo-advisors globally 2022

Robo-advisors are essentially complex computer algorithms that take into consideration client preferences and make investments based on this data. As of March 2022, Edelman Financial Engines' robo-advisor was managing more than 290 billion U.S. dollars. The six largest robo-advisors managed over 20 billion U.S. dollars each. In the first half of 2021, robo-advisors achieved considerable portfolio returns.Robo-advisors and fintech Robo-advisors are part of a larger trend in financial technology, or fintech, which is disrupting the role of large established companies in the financial sector. Fintech firms are still new and lack the credibility of leading market players, but the innovative technological solutions that they develop make them very attractive business partners. Timing is everything Stock markets have seen overall increases since the 2008 Financial Crisis. The real test of these new advisors will be when the next crisis hits. The question is whether or not the algorithms can pick up subtle market signals better than humans can, or are human advisors distracted by preconceptions and irrelevant information that the algorithms ignore? Comparing the losses of robo-advisors to overall market losses might provide insight to the answer.

机器人顾问本质上是一种复杂的计算机算法，该算法综合考虑客户偏好，并基于这些数据进行投资。截至2022年3月，Edelman Financial Engines公司的机器人顾问已管理超过2900亿美元的资产。前六大机器人顾问各自管理的资产超过200亿美元。在2021年上半年度，机器人顾问实现了显著的组合回报。机器人顾问与金融科技领域 相较于金融科技领域更广泛的趋势而言，机器人顾问是其中一部分，它正在颠覆着金融行业中大型传统公司的角色。金融科技公司虽尚处于起步阶段，且缺乏市场领先者的信誉，但它们所开发的创新性技术解决方案使其成为极具吸引力的商业伙伴。时机至关重要 自2008年金融危机以来，股市整体呈现上涨趋势。这些新顾问的真实考验将在下一次危机到来之时。问题是算法能否比人类更好地捕捉到微妙的市场信号，还是人类顾问会受到先入为主的观念和算法忽略的不相关信息的影响？比较机器人顾问的损失与整体市场损失可能有助于解答这一问题。