Robo advisor is an online wealth management service that provides automated, algorithm based portfolio management advice to retail investors. Robo advisors are Silicon Valley’s latest passion in the fin-tech ecosystem. Robo advisor startups can be categorized into: Pure Robo Advisors: Advisors managing money using robo advising platform. Hybrid Robo: Advisors managing money using robo advising platform and also providing traditional financial advising. Enablers: Help traditional advisers to manage their clients better and help individuals to better understand their portfolios. Following chart summarizes the prominent startups in robo-advising ecosystem: Rob

https://medium.com/@vimarshk/the-state-of-robo-advisors-personal-financial-advisor-as-a-service-70fb0519642b