The Digital Age has transformed every corner of the financial world, including investments. Once the exclusive domain of the wealthy, investing is now open to anyone, thanks to micro-investing platforms. Equities have demonstrated comparatively strong returns in our low-interest-rate environment and are well worth the attention of even those with only some change to spare. What are the most promising avenues available to the small investor keen on breaking in?
Robotics has long been touted as the next big wave that will boost efficiency, increase customer satisfaction and, most importantly, slash costs and maximize profits. Robo-advisors are now entrenched in the investment industry, but most of these firms are not experiencing all of the benefits of automation; in fact, many of them are losing money. What are the main factors cheating robo-advisors of profitability?