In the future I can see the wealth manager and robo-adviser working alongside each other, which means it will be positive for consumers and advisers.

SafeTrade operates as a robo-advisor, providing online portfolio management services requiring very little human intervention.

IFA pioneered the idea of the Robo-Advisor when it first published their website on November 9, 1999 as indexfundsadvisors.com, then IFA.tv and finally as IFA.com.

The business follows similar Robo-Advisor models like Wealthfront and Betterment in the US and Nutmeg in the UK where it provides automated investment advice and portfolio management.