What is holding Aussie robo advisers back?BY KANIKA SOOD | WEDNESDAY, 14 AUG 2019 12:21PMHigher base fees, more complex fee structures and fewer investment options could be holding Australian robo advisers back from reaching the scale their American counterparts have, according to new research from Rainmaker. Related News |
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Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.







In America, the major firms are actually encouraging personal advisers be added to robo-accounts. If we did away with Opt-In notifications and a lot of the unnecessary red tape cleverly imposed on non-aligned advisers, low income investors could afford to gain access advisers in Australia once more.