Automated investing services, also known as robo-advisors, are growing rapidly as they seek to provide customers with low-cost portfolios designed accordingly to each investor’s risk tolerance.According to Cerulli Associates, a financial services research firm, assets under management of robo-advisors will rise by 2,500% to US$489 billion in 2020 from US$18.7 billion in 2015.One of the regions that will be driving this trend is Asia-Pacific, which is expected to surpass Western Europe and power most the private wealth’s growth for the next decade and beyond.