I am Pratik from India. I was thinking about robo-advisers for quite some time. I understand that US and other western market do have quality human advisers who can probably cater to their investment needs. But in India, supply of quality advisers are very low and India is going to become youngest economy of the world, the demand for such advisers will be there but existing business model doesnt seem to cater to such young investor needs. In this condition, I feel something is better than nothing, so here robo advisers can play a big role but I would love to know your opinion on the matter, how does robo advisers fit into asian economies like India considering there are certain hurdles like resistance to pay advisory fees, preference to invest directly over funds etc.
Would love to know your opinion on the matter.
Thanks
Pratik