Asset management is a profitable sector, and professional advisors can help maximise your investments.

India has become a hub for high net worth individuals following its unprecedented progress in economy, harbouring young start-ups, potential entrepreneurs across domains and in the process have created a productive ecosystem for substantial revenue generation.

The surplus funds should be put to good use and ensure the money works a bit harder.

Automation brings down costs and enables better control and compliance. It gives firms scale by allowing them to serve existing customers better and address new segments of clients who were traditionally unserved by wealth management institutions due to a lack of assets. Remember, automation removes the need to handhold; therefore, financial advisors enjoy the support to those who prefer more attention.

Professional Advisors

For a high net worth individual asset management is a valuable service.

There are a lot of professional advisors who offer retirement planning services, wealth management, estate planning, tax savings advice, and more. And if you have excess cash to spend, few wealth management companies advise individuals on the most charitable ways to spend their money.

The Future advisors

With Robo-advisors and automated investment platforms overtaking the role of an old-school financial advisor, it is safe to say that the world of fintech is creating some noise in the asset management space.

These automated platforms simplify and help people to manage their investment portfolios and make financial planning decisions. Moving your money from one asset to another and avoiding the need of a financial advisor, even the commission.

The new host of financial planning tools are rewriting the asset management process.


Robo-Advisors are changing the advice from traditional wealth management companies.

Unlike human-to-human financial advice, Robo-advisors provide personalized, automated financial information based on algorithms. They eliminate human intervention, making such advice cost-friendly and ultimately reducing common high-net-worth membership figures.

Robo-advisors can tell investors:

  • How to allocate their money across stocks and bonds, keeping risk tolerance in mind
  • How much to deposit each month based on the total amount they want to invest and their goals
  • Their total net worth
  • How to take advantage of advanced tax strategies

Today, tens of billions of dollars are currently being managed by robo-advisors and some

data indicate that robo-advisors could be managing hundreds of billions, and possibly even trillions, of dollars in just a few years.



  • lower financial assistance fees (about 0.25% compared to a human financial advisor who charges 1%)
  • allowing users to view and invest in assets irrespective of time and location
  • easy to use and their asset listings almost always outperform active investment options in the long run
  • minimizing the chances of high-risk investments
  • prone to the risk of data theft.
  • lack of human judgment
  • platforms are dependent on their methodology and hence is based on assumptions that may apply to a majority of clients but not all

Robo-Advisors and CFOs

The role of the chief financial officer (CFO) is under great scrutiny, both internally and externally. CFOs face immense pressure to cut costs, grow revenue, and ensure control. Economic uncertainty coupled with increased regulatory requirements, financial restatements, and increased investor scrutiny all add up to create greater responsibilities.

Robo advisors can work in tandem with the human asset management counterparts and help CFOs in unilateral decisions pertaining to surplus generation in the corporate treasury.

Artificial Intelligence

AI has captured the imagination of the people simply because it apes the human mind.

AI can aid managers to connect with new clients by finding out where they are, alerting practitioners to liquidity events and who stands to benefit from them by highlighting Initial Public Offerings (IPO), trade sales, share options being exercised, significant bequests and even legally-mandated financial pay-outs.

How AI functions

AI can fetch leads about new clients, and managing the initial approach and the Onboarding Process.

Imagine a potential new client being discovered, the AI might prove handy to wealth managers like getting original and accurate information on the individual’s needs and position. Access to the full balance sheet of a client including the liabilities side as well as assets.

The high achievement will position the AI to produce the right message and the appropriate language to reach out to a target. The miniscule details that AI can unearth about clients can empower advisors, giving them an edge in making pitches to new prospects.

As the information pool deepens, AI can massively boost client acquisition, client retention and sales.

Machine Learning

Joining the likes of similar technologies is Machine Learning which can recommend which investments to opt and which ones to ignore.

With the assistance of third-party data and robust machine learning, they formulate intelligent automated answers to client queries.

A roadmap for Fintech

Companies will need to consider factors like technology development, service positioning, and infrastructure in order to realise the potential of these platforms fully. The advent of passive investment platforms is one of the most revolutionary trends in the wealth management industry. Players of the industry must now decide and determine how this will help them capitalise for business.

Fintech and financial planning can reach more people and allow experienced financial advisors to deal with more complex problems. Clients with straightforward queries can reach out to an automated advisor or use an investment platform to track their products.

In the coming days, automation will allow banks the opportunity to scale while meeting customer expectations for a better experience.