The robo-advice market heralded in the move to digitalization. Since then, digitalization and democratization have led to the expansion of advice across all affluence levels to include robo-advisors, hybrid advice, traditional advisors, private banks, and financial wellness in the workplace. But how are clients allocated or moved across this advice continuum?
This panel will discuss:
- Review the various advice offerings and continuums offered in the marketplace.
- How do clients migrate from financial wellness to full-service advice or online brokerage to robo-investing or hybrid offerings?
- Do clients move or stay within their advice segment as their needs change or increase in complexity?
- What are the drivers, circumstances, and challenges behind moving up or down the advice continuum?