Three-fourths of wealth managers in Australia lowering costs to compete with robo-advisors, finds GlobalData
(WorldNews Belgium)

11 Aug 2020 Three-fourths of wealth managers in Australia lowering costs to compete with robo-advisors, finds GlobalData Posted in Banking Robo-advisor services are no longer the reserve of the retail segment, as Australia`s rich are increasingly open to digital channels and spreading their fortunes across providers. As a result, more than three-fourths (76%) of Australia`s wealth managers are feeling the pinch and lowering costs to compete with robo-advisors, says GlobalData, a leading data and analytics company. Data from GlobalData`s...