15 of the 18 firms registered in the UK are there. There is likely still a place for robo-advisors, however. From a global comparison perspective it is shown that the highest assets under management is reached in the United States (US$682,726m in 2020). Robo Advisors EU Robo-Advisors are platforms that help you automate investing. Do they allow you to personalize your portfolio according to your specific needs and preferences, or are you only allowed to go with one of the predefined portfolios? Reading Support Sign up to our newsletter and get up-to-date content regarding the latest fintechs. We aren’t fans of spam but we do plan on reaching out occasionally! An algorithm is managing your portfolio of assets, automating as much as possible, in order to cut costs. | Source: Statista, based on ITU, Estimated share of the total population using a smartphone | Source: Statista, Number of people in the selected region using the internet | Source: Statista, based on ITU and national statistical offices, Estimated number of persons using a smartphone in the selected region | Source: Statista, Average per capita sales of laptops and tablets in units | Source: Statista Consumer Market Outlook, Average revenue of laptops and tablets per capita | Source: Statista Consumer Market Outlook, The indicator shows the estimated average per capita sales of Desktop-PCs in units. Wealthfront UK: Expansion Plans and Alternatives, Is M1 Finance Available in Europe? A robo advisor a technology-heavy alternative to trade stocks and commodities yourself, or to hire a financial advisor to do that for you, all of that at costs usually contained below 1%. 30 days full access to all Corporate Features within the Project Account (no subscription), Access to statistics, dossiers, and studies. Assets under Management in the Robo-Advisors segment is projected to US$107,802m in 2020. Reading Support In the lackluster investment environment of the last decade with underperforming ETFs and falling commodity prices, robo-advisory quickly gained public interest. Make sure they are an independent, low-cost, and transparent investment service. Investors should do their own research and due diligence about the services and opportunities best suited for their risk, returns, and investment strategy. Subscribe to our newsletter They help investors get a pers.. Quirion was the first Robo-Advisor in Germany. Where and how they will invest your money. Monthly Contribution: $10,000. In Europe, according to Deutsche Bank´s calculations – there is no 100% reliable and up-to-date information – the assets managed by robo-advisors will be about 5% to 6% of what is managed on the other side of the Atlantic. With billions in assets, the robo-advisor is already an industry juggernaut. | Source: Statista Consumer Market Outlook, Population share using a bank account | Source: Statista, based on World Bank, Percentage of the total population who own at least one credit card | Source: Statista, based on World Bank, Percentage of the total population who own at least one debit card | Source: Statista, based on World Bank, Estimated population share that uses the internet for accessing banking services | Source: Statista, based on World Bank and Eurostat, The indicator shows the total number of private households in the selected region. Build a well-diversified portfolio of E.. DWS is a Robo-Advisor distributed by the "Best Bank" in Portugal... Robo-advisor from OpenBank, a digital bank that belongs t.. A robo-advisor that helps you invest in socially responsible portfolios - you cho.. in the Robo-Advisors market Expansion Plans and Alternatives, M1 Finance UK: Expansion Plans and Alternatives. Probably the one that meets your specific needs and goals. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for clothing and footwear (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). | Source: Statista Consumer Market Outlook, The indicator shows the estimated average revenue of Desktop-PCs per capita. The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. Although global in scope, the US robo advisor market-share is 75%, dominated by the biggest names. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for housing, water, electricity, gas and other fuels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for furnishings, household equipment and routine maintenance of the house (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for health (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for transport (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). A robo-advisor is a digital platform that allows for money to be invested on auto-pilot. Although robo-advisory has proved itself over recent years and has been adopted by many banks as a part of their services, it has yet to prove its effectiveness in the next recession. You can only download this statistic if you are a Corporate Account user. A robo-advisor can be defined as "a self-guided online wealth management service that provides automated investment advice at low costs and low account minimums, employing portfolio management algorithms". MoneyFarm has established itself as one of Europe’s top robo advisers. Below we help you find and compare the leading Robo-Advisors in Europe. Trading 212 is one of the leading online brokers globally, with zero fees and an .. FINABRO is a company that develops a saving and investing platform. Key players identified across the value chain of this report include Betterment, FutureAdvisor, Personal Capital, Vanguard Personal Advisor, Wealthfront, WiseBanyan, SigFid Wealth Management, and others. We would love to hear about your experiences! Send us a message and help us map all the European Robo-Advisors. This website is free to use but we may receive commission from some of the merchants mentioned. Are we missing an important Robo-advisor? | Source: Statista, based on national and international statistical offices, Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB, Estimated share of the total population in the selected region using the internet | Source: Statista, based on ITU and national statistical offices, Total investment or gross capital formation refers to the total value of the gross fixed capital formation and changes in inventories and acquisitions less disposals of valuables for a unit or sector. The minimum required investment is … - The Financial Times. In Latin America, the leaders are Wealthfront, Betterment, and the Charles Schwab Corporation. Assets under management are expected to show an annual growth rate (CAGR 2020-2024) of 27.6% resulting in a projected total amount of US$285,551m by 2024. Google search queries for “Robo-Advisor” yield 423.000 results and there are close to 100 Robo-Advisors in 15 countries as of today. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, The indicator shows the number of-fixed broadband subscriptions per 100 inhabitants in the selected region. | Source: Statista Consumer Market Outlook, The indicator shows the estimated average revenue of mobile phones per capita. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for alcoholic beverages, tobacco and narcotics (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). In Europe, the United Kingdom is the largest market with AUM of EUR 5.5 bn, followed by Germany with AUM of about EUR 3.9 bn. Its solution .. Finanbest is a Spanish Robo-Advisor regulated by the CNMV... Finax is an investment broker and a Robo-Advisor planning to operate all over Eur.. Moneyfarm is a digital wealth management company based in London. 2016: Best Robo Advisor Europe 2015 & Best ETF Advisor 2015. As of December 2017, 41 robo-advisors were serving the German market in … Households denote residential communties of people living and keeping house together. Vanguard also offers a robo-advisor of its own, called Vanguard Personal Advisor Services. facts. Robo-advisors use advanced software to handle many of the tasks that used to require expensive experts to manage. You can find the source in the data box in the lower left corner. in thousand Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: in the Robo-Advisors market Betterment, Wealthfront, Scalable Capital, All the important data on the Robo-Advisors market, including market size, forecasts, and regional comparisons, Information about key players and insights about start-ups. Yes, you probably can find a Robo-advisor that works internationally. Is it publicly listed? CFDs vs Leveraged Products: Is There Any Difference? Besides the factors mentioned above, there are many other factors such as having or not a mobile app, the user experience, tax-loss selling, minimum deposit, etc, but the factors above should be enough for a start. As with any investment, there is a chance you will get back less than you originally invested. A robo-advisor is a digital platform that allows for money to be invested on auto-pilot. A definition and detailed explanation of the displayed markets can be found here. Assets under management in the Robo-Advisors segment are projected to reach US$107,802m in 2020. The “User” box shows the number of active paying customers (or accounts) of the selected market (market segment, region) in millions for each year. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for communication (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for recreation and culture (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for education (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for restaurants and hotels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for miscellaneous goods and services (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, +43.1% The value of your investment, and the income you get from it, can go down as well as up. Assets under Management Growth :The ""AuM Growth"" box shows the year-over-year changes in assets under management of the selected market (market segment, region) in percentage terms. The markets for Alcoholic, Non-Alcoholic and Hot Drinks in turn not only include sales for at-home consumption (off-trade) but also sales to the on-trade sector (restaurants, bars, cafés). Android. Accessed December 26, 2020. https://www.statista.com/outlook/337/102/robo-advisors/europe, Robo-Advisors - Europe. Since its launch in Italy in 2011, it has grown to manage large sums of money across the continent. A robo advisor is an automated investment manager—a software platform where a computer algorithm allocates your funds to a professionally-designed portfolio. One must also expect a consolidation between independent players in the industry as profitability is strongly related to scalability and high volumes under management. Robo advice is also called as digital advice. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models. You can find further source information in the methodology section. CI Direct Investing* Overview: CI Direct Investing (formerly WealthBar) was started by Chris and Tea … Once again, a reminder that the above should not be construed as investment advice and should be considered information only. Get an overview of trends and key players and consult comparisons of the focus regions USA, China, and Europe. Disclaimer: All investments involve risk, including loss of capital. Is it regulated by top-tier institutions? Global Robo-Advisors … The MarketWatch News Department was not involved in the creation of this content. Assets under management in the Robo-Advisors segment are projected to reach US$987,494m in 2020. Discover other market segments and categories related to your topic. The average assets under management per user in the Robo-Advisors segment is expected to amount to US$5,363 in 2020. The average assets under management per user in the Robo-Advisors segment is projected to amount to US$5,363 in 2020. Take a look at the ones you find interesting, open a demo account, take your time, and decide! 2017: Best Robo Advisor Europe 2016. in percent. in million US$. True Wealth is a leading online wealth management and Robo-advisor platform based.. Scalable Capital is Europe's largest Robo-Advisor. Which robo-advisor is the best? iPhone. Your capital is at risk. Offers two account ty.. A definition and detailed explanation of the displayed markets can be found here. But it is growing fast. Robo advisors commonly invest in bonds, commodities, ETFs (exchange traded funds), stocks and precious metals from developed (for example, U.S, Europe and Japan) as well as emerging markets. Their service a.. Robo-advisors normally invest money in broad portions of the stock market rather than an individual choosing the stocks to by and sell by themselves. Cerulli forecast significant consolidation among European robo advisors, adding that a majority of the European managers it polled held a conservative outlook on the robo-advice distribution channel as they predict limited inflows. The data source is specified individually for each data set. The leading Robo-advisors in Europe are ETFmatic and Birdee. Here you can find more studies and statistics about "Robo-Advisors". Finding the Best UK Robo Adviser: Best British Robo Advisory Firms in the UK. The “Penetration Rate” box shows the share of active paying customers (or accounts) from the total population of the selected market (market segment, region) for each year. (n.d.). In contrast, the Food market in the Consumer Market Outlook covers only certain segments of processed food and excludes for example fresh food, oils and fats and some other items. As for particulars, its annual fee of 0.30% is about average for robo-advisors. They are a Robo.. Yomoni is a Robo-Advisor based in France, an automated wealth management platfor.. Whitebox is a German Robo-Advisor with a hybrid (active + passive) investment str.. Wealthify is a passive and low-cost Robo-Advisor based in the UK. Included are both consumption of goods as well as services (cleaning and cobblers). User penetration in the Robo-Advisors segment will be at 2.4% in 2020. Change in technology and significant growth of internet users are expected to expand the growth of robo-advisory market in Asia Pacific and Eastern Europe during the forecast period. Simply build performant investment and .. Easyfolio is a German-based Robo-advisor. For the Robo-Advisors market, our analysts create reports with detailed comparisons and important background information. T 905.731.9800 F 905.731.9759. info@roboadvisorsplus.com yoy, +39.7% in the Robo-Advisors market Do they allow you to speak to a human advisor? These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. The largest robo advisors, in most cases, are or will become the most profitable. Many US Robo-advisors accept clients from most countries worldwide, even if they are not registered or regulated in those countries. These relatively new investment platforms tend to charge a fraction of what a traditional, human investment advisor would, and you could get a better portfolio at the same time. Automated online portfolio management of private assets, Financial advisory based on smart algorithms, lead investors or swarm intelligence (social trading), Notable robo-advisors, e.g. New, Everything you need to know about the industry development, Find studies from all around the internet. It covers all private household spendings meant for consumption at home. The German robo-advisory market. Retrieved December 26, 2020, from https://www.statista.com/outlook/337/102/robo-advisors/europe, "Robo-Advisors - Europe." Large investment funds are implementing robo-advisory technology as the efficiency of automated portfolio management promises high return rates compared to old-fashioned alternatives. Robo advisor growth of AUM is a clear path to more income. The most downloaded Robo-advisor in Europe. The first robo-advisor, Betterment, launched in 2008 and started taking investor money in 2010, during the height of the Great Recession. Robo advisors in Europe fees countries served account minimum; 0 - 119€ per month: … Services range from automatic rebalancing to … It provides investors with easy.. Ginmon is a leading Robo-advisor based in Germany that allows investors to build .. Fundshop is a French-based Robo-advisor that helps investors construct and manage.. Fiveraday is a Robo-advisor from the UK. Legally, the term "financial advisor" applies to any entity giving advice about securities. The company claims that they are t.. Nutmeg is one of the leading Robo-Advisors in the UK. "The most downloaded Robo-Advisor App in Europe." The box shows a comparison of assets under management for 150 of the world’s leading digital economies in the selected market (market segment, region) and year. Ginmon is a leading Robo-advisor based in Germany that allows investors to build.. Robo-advisors typically have you answer a few questions to determine your appetite for risk. Initial Investment: $100,000. Reading Support and over 1 Mio. In the Robo-Advisors segment, the number of users is expected to amount to 36,695.9 thousand by 2024. Each platform is different, but they have a common objective, take out the emotional part of your investment decisions. Most Robo-advisors differ in terms of the fees charged. | Source: Statista Consumer Market Outlook, The indicator shows the estimated average per capita sales of mobile phones in units. 9033 Leslie Street, Unit 1 Richmond Hill, ON L4B 4K3. Investing in the Web was founded after struggling to find and compare the hundreds of different fintechs available, as well as noticing some scams and lack of transparency in this industry. Accessed: December 26, 2020. https://www.statista.com/outlook/337/102/robo-advisors/europe, Robo-Advisors - Europe Statista, https://www.statista.com/outlook/337/102/robo-advisors/europe (last visited December 26, 2020), A definition and detailed explanation of the displayed markets can be found, Global Comparison - Assets under Management, Number of individuals (all ages) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 0-14) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 15-24) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 25-34) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 35-44) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 45-54) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 55 and older) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Consumer spending, per capita (current prices), Average consumer spending per capita of private households in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for food and non-alcoholic beverages (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). For example, robo advisors can be 100% online, only requiring a very small staff to manage the technology, marketing and business side of the company. As an investor, choosing the best Robo-advisor is crucial, but it is very hard and time-consuming to choose the best to start with. Does the Robo-advisor automatically rebalance your portfolio as prices changes, dividends, and new deposits modify your capital allocation? Risk Level: Balanced *Based on a low cost portfolio with an average T.E.R of 0.12% and our 0.48% fee on AUM versus an estimated 2.5% including advisory, brokerage, management and custody fees. Robo Advisors Europe Home FAQ Contact menu. Robo advisors in Europe With a volume of about EUR 14 bn in AUM, the European market is relatively small and roughly equals the size of the third-largest robo advisor in the world, Betterment. The Robo-Advisors segment is expected to show a growth in Assets under Management of 46.4% in 2021. The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. Wealth Horizon is another Robo-Advisor available in the UK. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Reading Support Where is it based, and operating for how long? It’s simple to get set up with, offering a straightforward survey which gives you a variety of recommendations for your investment. The “Assets under Management” (AuM) box shows the forecasted AuM development of the selected market (market segment, region) in for each year (stock). This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. The market for Alcoholic, Non-Alcoholic and Hot Drinks not only include sales for at-home consumption (off-trade) but also sales to the on-trade sector (restaurants, bars, cafés). in million US$ Reading Support Investingintheweb.com does not provide any offer or solicitation to buy or sell any investment products, nor does it constitute an offer to provide investment advisory services. Directly accessible data for 170 industries from 50 countries Before signing up with a robo advisor, check out the investible assets under their portfolio to get a sense of the breadth and scope of their investment exposure. | Source: Statista, based on IMF WEOD, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Each platform has something unique to offer, and you need to do your own research. The material on this website is for informational purposes only and we make no guarantees as to the accuracy or completeness of its content – it is subject to change, so please conduct your own due diligence. The box shows the average annual stock of assets under management per user (or potential user) of the selected market (market segment, region) for each year. It covers all private household spendings meant for consumption at home. Do they accept clients from your country of residence? Robo advisors maintain low fees by using technology to automate the investment process, removing the expensive infrastructure required in more traditional investment service models. in percent. And while all of them make wide use of the term, the offerings themselves vary significantly. Robo advisers are algorithm-based digital platforms that … Accepts clients from most countries i.. We’ve compared the most popular Robo-advisors in Europe using 8 main variables so that you can make the right choice when looking for the Robo-Advisor that best suits your needs. To solve our own problem, we created a website that helps investors find, learn and compare the different platforms to save and invest online. Currently not accepting new customers... Feelcapital is the first Robo-advisor based in Spain, regulated by the CNMV... Easyvest is a Belgium-based Robo-advisor. Because many of the robo advisors have entered the market within the last five years, it makes it very difficult to quantify which of the current offerings is performing best, however, our research has shown that Wealthify are one of the top performing robo advisors on the market with a 25.5% return on their adventurous plan between March 2016 and March 2019. Most Robo advisors are partners of a specific broker, and you should carefully investigate if they are not “pushing” their own investment products, often with high fees. The Robo-Advisors data is based on Statista’s primary research (the Statista Global Consumer Survey), bottom-up modeling, market data from independent databases and third-party sources, the analysis of various key market and macroeconomic indicators, historical developments, current trends, the reported performance indicators of the key market players, and Statista interviews with market experts. Robo-advisors normally invest money in broad portions of the stock market rather than an individual choosing the stocks to by and sell by themselves. For money to be invested on auto-pilot up-to-date content regarding the latest fintechs,... Clear path to more income in units with billions in assets, the number of users is to. Set up with, offering a straightforward survey which gives you a variety of recommendations for your investment decisions Consumer. Global Robo-Advisors … the leading Robo-Advisors in Europe., even if they are t Nutmeg! Speak to a professionally-designed portfolio it based, and operating for how long trends and key players and consult of... Data box in the UK background information user in the Consumer market Outlook, the number users. Not registered or regulated in those countries how long scalability and robo advisor europe volumes under management per user in Consumer! Charles Schwab Corporation profitability is strongly related to scalability and high volumes under management in the segment... And keeping house together.. Scalable capital is Europe 's largest Robo-advisor since its launch in Italy in 2011 it. Is there any Difference by 2024 robo-adviser market is a leading Robo-advisor based in Germany that allows for to... 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