Is the investment industry about to be "Ubered" by the rise of new technology?
Fifteen years ago the idea of people trading online (and not talking to a stock broker) was inconceivable – now it is the way that most people interact with the stock market.
Fifteen years ago most people did their banking at a physical branch - now we do everything possible to stay out of the branch (initially through online banking and now through smartphones).
Not much has changed in South Africa since these initial innovations, until recently.
Now we see the rise of low cost access to shares via platforms like Easy Equities, Satrix Now and potentially some new stock exchanges that aim to slash the cost of trading dramatically.
Will the JSE respond to these challenges by making it cheaper for private investors?
Or will the JSE try to protect current profits and eventually go the way of Kodak?
What about the rise of "robo-advisors" in the USA and now South Africa?
Can technology finally make financial advice more accessible to a greater portion of South Africans?
Or is it just another way for product providers to cut out advisors in order to gain a greater percentage of the "food chain"?
Listen to the audio below for more detail.
Recommendedby NEWSROOM AI
If you invested R7287 in March 2010 it would now be worth R34 billion! BILLION! You read that right. Warren Ingram has advice…
Financial advisor Warren Ingram discusses “FIRE”, a radical financial freedom movement gaining momentum in the USA and elsewhere.
Personal finance guru Warren Ingram looks at some key points from Warren Buffett’s annual letter to his shareholders.
The Money Show’s Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram.
The Money Show’s Bruce Whitfield interviews Warren Ingram, Personal Financial Advisor and Executive Director at Galileo Capital.
The Money Show’s Bruce Whitfield interviews Personal Financial Advisor at Galileo Capital.
The chilling call Henri van Breda made to emergency services on the night his mother, father and big brother were hacked to death.
Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.
Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.
Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.
Commission says investigation into food and agro processing companies is important because of high levels of inequality in SA.
The EFF lawyer stole the show during the state capture report court battle.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?