Robots will control your personal wealth. Are you ready?

Investments in the future will be based on algorithms and patterns charted by robot. Emerging as one of the hot sectors in fintech, robo-advisory can come across as the next big disruption in the space. According to YourStory Research, there are close to 50 Indian early-stage startups flocking around this sector. A Deloitte research paper states that the top 11 firms in this segment globally have seen explosive growth since market entry, managing close to 19 billion Assets Under Management (AUM) in 2014. This disruption in the personal wealth management space is called robo-advisory, which leverages client information through algorithms, automating and recommending tailored investments to individuals.