How Robo-Advisers Are Disrupting the Tech Sector

The video discusses the rapid growth of the digital advice market, expected to reach $285 billion. Key players like Vanguard and Charles Schwab are leading with hybrid models combining robo and human advisors. The cost of robo advisors is significantly lower than traditional advisors, raising concerns about job losses. However, the need for human interaction in financial planning remains. New fiduciary rules are impacting the market, with robo advisors like Betterment welcoming the changes due to their low-cost offerings.

What is the current market size in terms of digital advice, and what are the expectations for its growth by next year?

How are young and wealthy investors engaging with robo-advisors?

How does Vanguard's robo-advisor platform differ from traditional human advisors?

What role do ETFs play in the cost structure of robo-advisors?

What are the main concerns regarding human advisors in the context of robo-advisors?