Members Only MMI NetMeeting - Digital Advice: Robos as Disruptor or Catalyst?

Cerulli Associates believe that the market for digital advice will top $489 billion by 2020. Large direct-to-the consumer firms are surpassing the Silicon Valley start-ups that initiated the digital revolution. In addition, broker-dealers and RIAs are now exploring business models that will allow them to incorporate digital advice into their suite of advisory offerings while minimizing conflict with their human advisors. In this MMI members-only NetMeeting, we will examine how robo advisors are disrupting the financial services industry. We will also discuss the key elements of digital advice that have made robo advisors so compelling. Finally, we will explore how traditional distributors and asset managers can adapt to digital ways of delivering advice and use this technology to make their platforms more efficient and enhance their current suite of services.

Key discussion topics include:

The myth of robo advice
The characteristics of a digital advisor
How digital portfolios are constructed and assets are allocated
The impact of digital advice on asset managers, distributors, and traditional financial advisors
Future trends in digital advice

Arlen Oransky, SVP, Chief Membership & Programs Officer, MMI

Tom O'Shea, Associate Director, Cerulli Associates
Kevin P. Pohmer, President, Financial Guard

50 minutes (including time allocated for Q&A)