Robo Advisory Services Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Japan, India, UK, Germany - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 155 SKU: IRTNTR77531

Robo Advisory Services Market Forecast 2024-2028

The robo advisory services market size is projected to increase by USD 1.306.37 billion, at a CAGR of 9.16% between 2023 and 2028. The growth rate of the market depends on several factors, including the growing adoption of AI and ML, the growing integration with wealth management platforms, and the rising demand for passive investing.

The market growth and forecasting report includes key player's detailed analyses of the competitive landscape of the market and information about 20 market companies, including, Axos Financial Inc., Betterment LLC, FMR LLC, Ginmon Vermogensverwaltung GmbH, JPMorgan Chase and Co., M1 Holdings Inc., MFM Investment Ltd., Robinhood Financial LLC, Scalable Capital GmbH, SigFig Wealth Management LLC, SoFi Technologies Inc., Stash Financial Inc., The Charles Schwab Corp., The Vanguard Group Inc., Wealthfront Corp., Wealthify Ltd., Bank of America Corp., and BlackRock Inc. Additionally, ACORNS ADVISERS LLC company offers automates the investing process, so it can buy and sell securities and rebalance the portfolio on a regular basis.

What will be the Size of the Robo Advisory Services Market During the Forecast Period?

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Market Overview

Market  Growth Analysis Driver

The growing adoption of AI and ML is the key factor driving the market. AI and ML algorithms enable to analysis of large volumes of financial data quickly and efficiently. These technologies can identify patterns, trends, and correlations in data that may not be apparent to human analysts, leading to more informed investment decisions and improved portfolio performance. AI and ML algorithms can be used to develop predictive models that forecast market trends, asset price movements, and portfolio performance. By analyzing historical data and identifying relevant patterns, these models help to anticipate market shifts and make proactive investment decisions to optimize portfolio returns and mitigate risks.

Furthermore, AI and ML algorithms can learn from past investment decisions, client interactions, and market outcomes to continuously improve their performance over time. By incorporating feedback loops and adaptive learning mechanisms, they can evolve and refine their algorithms to deliver better outcomes for investors. Thus, the use of AI and ML empowers robo-advisors to deliver more sophisticated, efficient, and personalized investment solutions, which will enhance the expansion of the market during the forecast period.

Market Growth and Trends

The growing adoption of hybrid models is the primary trend shaping the market. Hybrid models combine automated investment platforms with human advisors, offering investors the benefits of both technology-driven automation and personalized guidance. Investors seek personalized financial advice and tailored investment solutions that address their specific goals, risk tolerance, and preferences. Hybrid models leverage technology to deliver efficient portfolio management while offering access to human advisors for more complex financial needs and emotional support.

Moreover, hybrid robo-advisory models build trust and confidence by offering access to human advisors who can provide personalized guidance, answer questions, and address concerns, particularly during periods of uncertainty. Further, investors benefit from the convenience of digital platforms for routine transactions and portfolio monitoring while also having access to human advisors for more in-depth discussions and financial planning sessions. Thus, the growing adoption of hybrid models will strengthen the development of the market during the forecast period. 

Market Restrain

Concerns associated with data security and privacy is a major challenge that affects the market expansion. Data breaches, hacking attempts, malware attacks, and phishing scams pose significant cybersecurity threats to robo-advisory firms and their clients. Further, these firms often depend on third-party service providers, such as cloud computing providers and data analytics vendors, to support their operations. Third-party risks, including data breaches, service disruptions, and inadequate security measures, can compromise the security and privacy of client data. Insider threats, such as employee negligence, misconduct, or malicious intent, pose a significant risk to data security and privacy. 

Furthermore, the ethical use of client data is a growing concern for these firms. Ethical considerations, such as algorithmic bias, fairness, and transparency, raise questions about the impact of automated investment decisions on investors' financial well-being and the potential for discriminatory outcomes. Thus, the concerns associated with data security and privacy of robo-advisory platforms will impede the expansion of the market during the forecast period.

Market Segmentation By End-user

The market share by the high net worth individuals segment will be significant during the forecast period. High net worth individuals (HNWIs) often seek cost-effective solutions for managing their wealth. HNWIs value tailored solutions that align with their specific financial objectives and constraints. These advisory platforms often provide transparent reporting a easy-to-understand analytics, empowering HNWIs to monitor their investments closely and make informed decisions. The ability to maintain control over their portfolios while leveraging automation is appealing to many HNWIs.

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The high net worth individuals segment showed a gradual increase in the market share of USD 1,095.31 billion in 2018. Furthermore, countries such as the US and India, with growing populations of tech-savvy investors, including younger generations comfortable with digital platforms, are more likely to experience increasing demand for such services. The presence of established financial institutions, as well as the emergence of innovative startups in the fintech space, increases the demand for robo advisory market. Thus, these factors will boost the expansion of the segment of the market during the forecast period.

Market Segmentation By Service Type

The portfolio segment will account for the largest share of this segment.?Robo advisory market facilitates goal-based investing by helping investors set and prioritize financial goals, such as retirement planning, education funding, or wealth accumulation. Additionally, these services typically charge lower fees compared with traditional wealth management firms, making them cost-effective options for portfolio management. They leverage technology such as AI, ML, and analytics to streamline operations and pass cost savings onto investors, enhancing overall investment returns. Furthermore, the use of robo-advisory services for portfolio management encompasses a wide range of functionalities, such as asset allocation, tax optimization, global accessibility, and flexibility, which will boost the expansion of the portfolio segment of the market during the forecast period.

Regional Overview

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North America is estimated to contribute 37% to the growth of the global market during the forecast period. 
Technavio's analysts have provided extensive insight into the market forecast, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. North America has a significant demand driven by tech-savvy consumers seeking convenient and accessible investment solutions. As investors become more fee-sensitive, the affordability contributes to their growing adoption. Furthermore, companies and financial institutions in North America have partnered with or acquired these firms to offer automated investment services to their clients. Thus, such factors will propel the expansion of the regional market during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and trends strategies.

Global Market Customer Landscape

Robo Advisory Services Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Fincite GmbH: The company offers something big, like a home down payment, college fund, or their own retirement.

Other companies include:

Axos Financial Inc., Betterment LLC, FMR LLC, Ginmon Vermogensverwaltung GmbH, JPMorgan Chase and Co., M1 Holdings Inc., MFM Investment Ltd., Robinhood Financial LLC, Scalable Capital GmbH, SigFig Wealth Management LLC, SoFi Technologies Inc., Stash Financial Inc., The Charles Schwab Corp., The Vanguard Group Inc., Wealthfront Corp., Wealthify Ltd., Bank of America Corp., and BlackRock Inc.

Market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018-2028

  • End-user Outlook
    • High net worth individuals
    • Retail investors
  • Service Type Outlook
    • Portfolio management
    • Tax optimization
    • Retirement planning
    • Others
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview:

The robo advisory platforms have transformed the financial services sector by offering alternatives to traditional investment services. Leading firms like Charles Schwab Corporation integrate Artificial Intelligence (AI) to cater to Generation X and Millennial generations. However, concerns over security risks and data privacy concerns, necessitate compliance with SEC registration and securities laws enforced by Financial Industry Regulatory Authority (FINRA). Despite this, the market witnesses remarkable growth due to technological advances and strategic partnerships and collaborations. High-net-worth individuals increasingly favor hybrid robo advisors over substitutes, driving end-use concentration. Competitive benchmarking relies on historical data & forecasts and insights into company revenue shares. Regional opportunities are vast, with banks venturing into fintech robo advisors and direct plan-based/goal-based solutions for comprehensive wealth advisory.

The market is also evolving in the BFSI industry, with B2B Robo-advisors like Kenanga Digital Investing leveraging Advanced analytics and Big data. Despite Market uncertainty, these services offer efficient Employer-sponsored retirement plans, combating Cyber attackers with Digital technology. Regulatory frameworks like Financial Industry Regulatory Authority (FINRA) survey ensure compliance in this growing sector.

Robo Advisory Services Market Scope

Report Coverage

Details

Page number

155

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.16%

Market Growth 2024-2028

USD 1,306.37 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

8.45

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 37%

Key countries

US, Japan, India, UK, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ACORNS ADVISERS LLC, Axos Financial Inc., Betterment LLC, Fincite GmbH, FMR LLC, Ginmon Vermogensverwaltung GmbH, JPMorgan Chase and Co., M1 Holdings Inc., MFM Investment Ltd., Robinhood Financial LLC, Scalable Capital GmbH, SigFig Wealth Management LLC , SoFi Technologies Inc., Stash Financial Inc., The Charles Schwab Corp., The Vanguard Group Inc., Wealthfront Corp., Wealthify Ltd., Bank of America Corp., and BlackRock Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market report forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market  between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of Industry companies

 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Service Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global robo advisory services market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global robo advisory services market 2018 - 2022 ($ billion)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.3 Service type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Service type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 High net worth individuals - Market size and forecast 2023-2028
      • Exhibit 34: Chart on High net worth individuals - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on High net worth individuals - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on High net worth individuals - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on High net worth individuals - Year-over-year growth 2023-2028 (%)
    • 6.4 Retail investors - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Retail investors - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Retail investors - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Retail investors - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Retail investors - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 42: Market opportunity by End-user ($ billion)
      • Exhibit 43: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Service Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Service Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Service Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Service Type
      • Exhibit 46: Chart on Comparison by Service Type
      • Exhibit 47: Data Table on Comparison by Service Type
    • 7.3 Portfolio management - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Portfolio management - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Portfolio management - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Portfolio management - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Portfolio management - Year-over-year growth 2023-2028 (%)
    • 7.4 Tax optimization - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Tax optimization - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Tax optimization - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Tax optimization - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Tax optimization - Year-over-year growth 2023-2028 (%)
    • 7.5 Retirement planning - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Retirement planning - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Retirement planning - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Retirement planning - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Retirement planning - Year-over-year growth 2023-2028 (%)
    • 7.6 Others - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by Service Type
      • Exhibit 64: Market opportunity by Service Type ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Service Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 UK - Market size and forecast 2023-2028
      • Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 India - Market size and forecast 2023-2028
      • Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 ACORNS ADVISERS LLC
              • Exhibit 119: ACORNS ADVISERS LLC - Overview
              • Exhibit 120: ACORNS ADVISERS LLC - Product / Service
              • Exhibit 121: ACORNS ADVISERS LLC - Key offerings
            • 12.4 Betterment LLC
              • Exhibit 122: Betterment LLC - Overview
              • Exhibit 123: Betterment LLC - Product / Service
              • Exhibit 124: Betterment LLC - Key offerings
            • 12.5 Fincite GmbH
              • Exhibit 125: Fincite GmbH - Overview
              • Exhibit 126: Fincite GmbH - Product / Service
              • Exhibit 127: Fincite GmbH - Key offerings
            • 12.6 FMR LLC
              • Exhibit 128: FMR LLC - Overview
              • Exhibit 129: FMR LLC - Product / Service
              • Exhibit 130: FMR LLC - Key offerings
            • 12.7 Ginmon Vermogensverwaltung GmbH
              • Exhibit 131: Ginmon Vermogensverwaltung GmbH - Overview
              • Exhibit 132: Ginmon Vermogensverwaltung GmbH - Product / Service
              • Exhibit 133: Ginmon Vermogensverwaltung GmbH - Key offerings
            • 12.8 M1 Holdings Inc.
              • Exhibit 134: M1 Holdings Inc. - Overview
              • Exhibit 135: M1 Holdings Inc. - Product / Service
              • Exhibit 136: M1 Holdings Inc. - Key offerings
            • 12.9 MFM Investment Ltd.
              • Exhibit 137: MFM Investment Ltd. - Overview
              • Exhibit 138: MFM Investment Ltd. - Product / Service
              • Exhibit 139: MFM Investment Ltd. - Key offerings
            • 12.10 Robinhood Financial LLC
              • Exhibit 140: Robinhood Financial LLC - Overview
              • Exhibit 141: Robinhood Financial LLC - Product / Service
              • Exhibit 142: Robinhood Financial LLC - Key offerings
            • 12.11 Scalable Capital GmbH
              • Exhibit 143: Scalable Capital GmbH - Overview
              • Exhibit 144: Scalable Capital GmbH - Product / Service
              • Exhibit 145: Scalable Capital GmbH - Key offerings
            • 12.12 SigFig Wealth Management LLC
              • Exhibit 146: SigFig Wealth Management LLC  - Overview
              • Exhibit 147: SigFig Wealth Management LLC  - Product / Service
              • Exhibit 148: SigFig Wealth Management LLC  - Key offerings
            • 12.13 SoFi Technologies Inc.
              • Exhibit 149: SoFi Technologies Inc. - Overview
              • Exhibit 150: SoFi Technologies Inc. - Product / Service
              • Exhibit 151: SoFi Technologies Inc. - Key offerings
            • 12.14 The Charles Schwab Corp.
              • Exhibit 152: The Charles Schwab Corp. - Overview
              • Exhibit 153: The Charles Schwab Corp. - Business segments
              • Exhibit 154: The Charles Schwab Corp. - Key offerings
              • Exhibit 155: The Charles Schwab Corp. - Segment focus
            • 12.15 The Vanguard Group Inc.
              • Exhibit 156: The Vanguard Group Inc. - Overview
              • Exhibit 157: The Vanguard Group Inc. - Product / Service
              • Exhibit 158: The Vanguard Group Inc. - Key offerings
            • 12.16 Wealthfront Corp.
              • Exhibit 159: Wealthfront Corp. - Overview
              • Exhibit 160: Wealthfront Corp. - Product / Service
              • Exhibit 161: Wealthfront Corp. - Key offerings
            • 12.17 Wealthify Ltd.
              • Exhibit 162: Wealthify Ltd. - Overview
              • Exhibit 163: Wealthify Ltd. - Product / Service
              • Exhibit 164: Wealthify Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 165: Inclusions checklist
                • Exhibit 166: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 167: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 168: Research methodology
                • Exhibit 169: Validation techniques employed for market sizing
                • Exhibit 170: Information sources
              • 13.5 List of abbreviations
                • Exhibit 171: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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