InvestmentNews: Predicting How Robo-Advisers Will Evolve Based on the History of TAMPs
In an InvestmentNews article, writer Gary Manguso uses his 20 years of experience in the TAMP industry to help explain how the history of TAMPs can be a lesson for all who are competing with robos. Manguso uses the similarities between the two platforms to help explain just how vulnerable robo-advisors will be to market dips and why only “a select few” will rise from the ashes.
According to Manguso, “Because of their focus on academia and launch in a thriving market period, robos will be affected by a market dip.” He also goes on to state, “There's no question robo-advisers are trending. The new question for advisors to ask is, what does the future hold for robos?”
Read more predictions on the future of robo here.