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September 19, 2016

Wealth Wizards on how first robos will take market share

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Wealth Wizards

We are the UK's first fully-regulated online adviser scaling up automated financial advice across the industry.

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Wealth Wizards Director, Pete Connell, has been quoted in an an online article on the Financial Times Adviser. In an article discussing how robos will take the market share, he said he was unconvinced there was a “whole set of new clients” looking for robo-advice. Speaking at the conference in KPMG’s offices in Canary Wharf, he said: “The incumbents will massively benefit from this. The start-ups come and join the market but the big boys sell it to their client banks and take market share. It is coming.”.

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