Chart 79: How significant do you think robo advisor platforms will become over the next 3-5 years?
60%
50%
40%
30%
20%
10%
0%
Assets will surpass $1T Assets will hit $500B then level Assets will hit $500B then out decline
Source: BofA Merrill Lynch Global Research
¢ Based on our polling questions, investors believe that the main beneficiaries of the robo advisor trend will be the passive asset managers (40%), followed by the large broker firms adding robo technology (28%) and the online brokers that have scalable robo platforms (21%). They also believe that the main driver of success for robo advisors will be a low and transparent cost structure (44%), followed by an efficient technology and user interface (25%).
Chart 80: Which firms will benefit the most from the robo advisor trend?
45% 40% 35% 30% 29% 20% 15% 10%
5%
0% Passive asset Large broker firms Online broker robo Independent B2C Robo advisor firms managers adopting robo platforms that robo advisor firms that have a B2B technology have scale model
Source: BofA Merrill Lynch Global Research
54 2016 Future of Financials Conference | 17 November 2016 Bankof America 2 Merrill Lynch
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