Robo advice is all the rage in wealth management, particularly in developed markets such as the United States. What is the potential for robo advice in Japan and the rest of Asia? Will robo-advisers replace all human advisers, or will they peacefully coexist? And how do such megabanks as Mizuho balance their traditional channels with the robo advice channel? Keisuke Ito, CFA, head of investment technology at Mizuho–DL Financial Technology, shares his perspectives.
The Take 15 Series is a series of short interviews with leading practitioners on timely topics focused on the investment profession.