Millennial investors dabbling in the market for the first time are embracing Robo-investment tools globally but Australians still seem to lag as locals remain a little leery about the financial services sector as a whole.
Other providers and banks, as well as investors, appear to believe that there is a sophisticated investor anybody.
Now, individuals need real information, not just one product.
It is all about price and it’s a race towards the floor. Increasing interest was in Robo-solutions with approximately 45 per cent of shareholders.
Australians have done is visit their own bank or their fund for advice, that is turning into Robo solutions.
Spain and the United States indicate, many investors are coming to the number of traders and the marketplace are also.