Expertspeak: Robo advisory is the way forward

14-Dec-2015 #Globalwealth Source: Economic Times

With the increasing use of technology, the delivery of financial services in India will undergo a change with introduction of robo advisory where financial advice will be provided on smartphones, eliminating the need to visit banks. Robo advisory allows every individual to save money irrespective of the amount earned by them. Robo advisers can even reach out to the semi-urban and rural areas as well, allowing a much larger segment of the population to take advantage of quality financial advice.

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