According to new data from Corporate Insight, online financial advisors increased their total assets under management by 11 percent in the first six months of 2015 to a total of $21 billion, even as markets remained relatively flat. Assets are up 34 percent since July 2014. Some of the apparent slowdown can be attributed to a loss of assets on which clients receive paid investment advice but don’t give discretionary control. These assets dipped from $13.9 billion to $13 billion in the last months, but have increased 8.7 percent year-over-year. But assets that clients give robos discretionary control over increased 57 percent over the last six months, and 116.2 percent year-over-year, to $8 billion.

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