Main Article Content
Abstract
Changing customer expectations, Technology advancements transforming the wealth management industry that questions traditional method of business and operating models.
Robo/Digital advisory brings investments closer to the people, making them simpler and easily understandable. More than 250 players in the Indian market offering variants of this proposition. Firms that are surviving only or predominantly on product commissions from mutual funds offering need to re-think on their business model to sustain amidst of tough competition, cost and competition challenges.