In-depth

Get ready for the Ryanair and EasyJet of asset management

Robo-advisory will open up wealth management to millions in the way that low-cost airlines opened up air travel. Regulators mustn't stand in the way

When Ryanair started operating in 1985 out of Waterford airport in Ireland with a single plane that could seat just 15 people, it hardly seemed that it would upend the world of air travel. Equally, when the first startups began operating robo-advisory services in Europe, they hardly seemed likely to upend the world of asset and wealth management.

But there are clear parallels between the growth of low-cost airlines and the growth of the technology covered in this issue of Fintech News. And it is a reassuring comparison for asset management firms - and potentially consumers as well.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It