Summary; It’s no secret that robo-advisors have been adding assets under management at a brisk pace. Betterment on Wednesday reported that its assets tripled during the first ten months of this year to $3 billion. But that 200% growth rate is piddling compared to what Cerulli Associates is projecting for the entire robo-advisor industry. In a report released Wednesday the research firm projected a 2,500% jump in robo assets by 2020, to $489 billion.
 The compelling value proposition of digital advice providers (or robo-advisors), who offer low-minimum, low-cost portfolios, coupled with consumers’ expanding interest in passive investing will fuel this growth.”Tom O’Shea, associate director, Cerulli |
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