The video explains the Robo Advisor business model in just 3 minutes. Robo Advisors from Betterment, Wealthfront or Vanguard in the U.S. or Nutmeg in UK offer automated asset management services. Robo Advisors can be fully automated or hybrid. Robo Advisory could replace traditional asset managers or portfolio manager because it has generally lower costs for investors. The onboarding process of new clients is fully automated and the investments product has a focus on ETFs. The video refers to the book "Fintech Business Models" by Matthias Fischer, published in February 2021.
