The ‘robo-advisory’ industry that has changed all the rules of the wealth management industry. Leading robo-advisers are bringing AI-investing to your smartphone. They have made it cool, accessible and affordable. And now there is suddenly a huge demand for engineers, not just financial advisors in a suit and a tie, in this vertical.
Quants develop beautiful, thorough, well-researched models to fairly price a product only to have traders ruin them when it comes to actually using them.
“Many advisers feel left behind by the robo-movement,” the firm suggests, “but they don’t have to feel threatened or left out.”
Nothing appeals more to investors than being able to invest like big endowment funds, investment banks and hedge funds dominating markets.