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Digital Wealth Management
Industry Overview – A New Niche Grows Out of the Recession
Increasing desire for more transparent and lower cost ways to invest coupled with caution stemming from
the financial crisis created the opportunity for robo advisors to target new investors and the mass affluent
160%
110%
60%
10%
-40%
-90%
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Pre-Recession Recession Post-Recession
Source: Capital IQ.
NASDAQ Composite Index
S&P 500 Index
9