NAPA Net - Polling Places 051316

Are We Ready for Robos?

It’s not unusual for what is touted as today’s hot product trend to flame out before – well, before. But what about robo-advisors – is there (still) hope, or will it turn out to be hype?

In the space of just a few months, the headlines have gone from touting the upcoming domination of robo-advisors to speculation that the take-up rates will, as has been the case with previous generations of online advice tools, prove insufficient to sustain the anticipated growth?

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1. Do you currently use a "robo advisor" in your practice

Yes

Not yet

Other (please specify)

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2. Which one(s)?

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3. How long have you been using that robo-advisor tool?

More than 5 years

Between 2 and 5 years

Between 1 and 2 years

Less than a year

Have not been using a robo advisor tool

Other/Comments?

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4. Do you think robo-advisors are hype, hope, or something in between?

hype

hope

something in-between

there's a lot of hype, and a lot of hope - depends on which one we're talking about

Other thoughts?

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5. Do you think that the fiduciary regulation will have any effect on robo-advisor adoption?

Yes, positive

Yes, negative

Not sure.

Too soon to tell

Other (please specify)

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6. Other thoughts about robo-advisors, hype, hope, or trends in advice?

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7. What is your role working with retirement plans?

Advisor

Provider

TPA

Plan sponsor

Recordkeeper

Other (please specify)

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8. What size plans do you PRIMARILY work with?

Under $10 million in assets

$10-$20 million

$20-$50 million

$50-100 million

$100 million - $250 million

$250 million - $500 million

Above $500 million

Other (please specify)

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9. Suggestions for future survey questions?

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10. All responses are anonymous and confidential, of course - but if you'd like me to know who you are, or allow for a response, you can leave your email below...

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* 1. Do you currently use a "robo advisor" in your practice

Question Title

* 2. Which one(s)?

Question Title

* 3. How long have you been using that robo-advisor tool?

Question Title

* 4. Do you think robo-advisors are hype, hope, or something in between?

Question Title

* 5. Do you think that the fiduciary regulation will have any effect on robo-advisor adoption?

Question Title

* 6. Other thoughts about robo-advisors, hype, hope, or trends in advice?

Question Title

* 7. What is your role working with retirement plans?

Question Title

* 8. What size plans do you PRIMARILY work with?

Question Title

* 9. Suggestions for future survey questions?

Question Title

* 10. All responses are anonymous and confidential, of course - but if you'd like me to know who you are, or allow for a response, you can leave your email below...

1. Do you currently use a "robo advisor" in your practice

2. Which one(s)?

3. How long have you been using that robo-advisor tool?

4. Do you think robo-advisors are hype, hope, or something in between?

5. Do you think that the fiduciary regulation will have any effect on robo-advisor adoption?

6. Other thoughts about robo-advisors, hype, hope, or trends in advice?

7. What is your role working with retirement plans?

8. What size plans do you PRIMARILY work with?

9. Suggestions for future survey questions?

10. All responses are anonymous and confidential, of course - but if you'd like me to know who you are, or allow for a response, you can leave your email below...