1
Robo Advisors vs. Financial Advisors
Prepared for
Mr. Glen Gowland
Group Head
Global Wealth Management
Scotiabank
Prepared by
Anuraag Jassal
Analyst
Strategy, Analytics and M&A
Deloitte
14th April 2021
, 2
Summary
This report entitled “Robo Advisors vs. Financial Advisors” by Anuraag Jassal
provides three points of comparison between the two stated objects. Jassal first explains how
these funds perform by taking an assumption of growth funds. Then, he compares the
management fees of these funds and how the fees can impact the real rate of return. Lastly,
advise methodology where it is discussed under what conditions should an investor go for a
Robo fund or a traditional fund. This report was requested by Scotiabank to make a
management decision if they should go for a Robo investment arm or not.
Robo Advisors vs. Financial Advisors
Prepared for
Mr. Glen Gowland
Group Head
Global Wealth Management
Scotiabank
Prepared by
Anuraag Jassal
Analyst
Strategy, Analytics and M&A
Deloitte
14th April 2021
, 2
Summary
This report entitled “Robo Advisors vs. Financial Advisors” by Anuraag Jassal
provides three points of comparison between the two stated objects. Jassal first explains how
these funds perform by taking an assumption of growth funds. Then, he compares the
management fees of these funds and how the fees can impact the real rate of return. Lastly,
advise methodology where it is discussed under what conditions should an investor go for a
Robo fund or a traditional fund. This report was requested by Scotiabank to make a
management decision if they should go for a Robo investment arm or not.
