Revenues generated by robo-advice platforms could hit $25bn by 2022, according to a study from AUM research. The figures would represent more than a ten-fold increase on 2017 robo-advice revenues, which accounted for roughly $1.7bn. The study also estimates assets under management on robo-advice platforms could rise to $4.1tn by 2022, up from $330bn in 2017.
Revenues generated by robo-advice platforms could hit $25bn by 2022, according to a study from Juniper research. The figures would represent more than a ten-fold increase on 2017 robo-advice revenues, which accounted for roughly $1.7bn. The study also estimates assets under management on robo-advice platforms could rise to $4.1tn by 2022, up from $330bn in 2017.