Data provided by Statista Market Insights are estimates.
Definition:
A Robo-Advisors is a type of financial advisor that uses computer algorithms to provide automated investment advice and manage portfolios for clients. These online platforms use complex mathematical models and historical data to analyze market trends and make investment recommendations based on the client's risk tolerance and investment goals. Robo-advisors typically offer a variety of investment options, such as index funds and exchange-traded funds (ETFs). Unlike traditional human financial advisors, robo-advisors operate around the clock and often have lower fees. The advantage of these services lies in the passive role of the investor, who may not want or cannot afford ongoing personal monitoring of their portfolio development.
Additional Information:
Keyplayers in this market are Wealthfront, Schwab Intelligent Portfolios, and Betterment.
The number of assets under management in the 'Robo-Advisors' segment of the fintech market in the United States was forecast to continuously increase between 2024 and 2029 by in total *** trillion U.S. dollars (**** percent). After the ******* consecutive increasing year, the number of assets under management is estimated to reach **** trillion U.S. dollars and therefore a new peak in 2029. Notably, the number of assets under management of the 'Robo-Advisors' segment of the fintech market was continuously increasing over the past years.
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Statista. (October 21, 2024). Assets under management of robo-advisors in the United States from 2018 to 2029 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved October 11, 2026, from https://www.statista.com/forecasts/1259591/robo-advisors-managing-assets-united-states/
Statista. "Assets under management of robo-advisors in the United States from 2018 to 2029 (in trillion U.S. dollars)." Chart. October 21, 2024. Statista. Accessed October 11, 2026. https://www.statista.com/forecasts/1259591/robo-advisors-managing-assets-united-states/
Statista. (2024). Assets under management of robo-advisors in the United States from 2018 to 2029 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: October 11, 2026. https://www.statista.com/forecasts/1259591/robo-advisors-managing-assets-united-states/
Statista. "Assets under Management of Robo-advisors in The United States from 2018 to 2029 (in Trillion U.S. Dollars)." Statista, Statista Inc., 21 Oct 2024, https://www.statista.com/forecasts/1259591/robo-advisors-managing-assets-united-states/
Statista, Assets under management of robo-advisors in the United States from 2018 to 2029 (in trillion U.S. dollars) Statista, https://www.statista.com/forecasts/1259591/robo-advisors-managing-assets-united-states/ (last visited October 11, 2026)
Assets under management of robo-advisors in the United States from 2018 to 2029 (in trillion U.S. dollars) [Graph], Statista, October 21, 2024. [Online]. Available: https://www.statista.com/forecasts/1259591/robo-advisors-managing-assets-united-states/
