Leasing, Buying, or Building Your Own Robo-Advisor

In this final chapter of Part 1, we will close out the strategic portion of this book to consider why you are planning to build your own Robo-advisor. This decision will have different criteria depending on whether you are an individual investor looking to manage your own money or a business looking to offer digital wealth services to customers.

In the previous chapter, we established the requirements you would face for either scenario. What remains is to look at the alternatives and weigh the pros and cons to determine the right path for you. In this chapter, we will explore the three strategies of leasing, buying, or building a Robo-advisor. While this breakdown may not be exhaustive and complete, it is based on real-world experiences from working with Bambu clients around the world.

By the end of the chapter, you should have a better understanding of the criteria involved in choosing the right strategy for your Robo-advisor...