Robo-advisors. Opportunity or threat for the german wealth management ...

Master's Thesis from the year 2018 in the subject Business economics - Investment and Finance, grade: 15/20, , course: International Business Management, language: English, abstract: Nowadays, technology develops faster than ever before and is increasingly being used in our everyday life.That’s why westand on the brink of the fourth industrial revolution. One of the economic sector that has been the most impacted by technological opportunities is the financialsector.Followingthe economic crisis of 2008, the financial landscape started to change, which resulted in client lossoftrust in established financial institutions.Thus, alargenumber of newentrants began offering clientfacing digital financial tools. Meanwhile, traditional wealth managers were toooccupiedby meeting regulatoryrequirements and were facing the crisis complexities, new types of firms saw an opportunity to leverage theirtechnologicalcapabilities for delivering fasterand cheaper investment methods to financial professionals. Indeed, technological financial firms, more knownunderthe term „Fintech“, have really taken offsince the financial crisis of 2008.