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
Bruce Whitfield interviews Warren Ingram, a Personal Financial Advisor and Executive Director at Galileo Capital.
The Money Show’s Bruce Whitfield interviews Warren Ingram, Personal Financial Advisor at Galileo Capital.
How to earn a yield of 9% - on average - but up to 13% in your TFSA, according to personal financial advisor Warren Ingram.
The ANC is eyeing your pension. Bruce Whitfield interviews Warren Ingram, a personal financial advisor at Galileo Capital.
Times are tough. Don’t spare her feelings! You must ask these questions of your advisor, implores Galileo Capital's Warren Ingram.
Rich. Wealthy. Financially free... Call it what you will; the first million is how you get there. Warren Ingram on his book...
Money is one of the top causes of relationship fights and divorce. Dr Eve and callers discuss how it can affect sexual intimacy.
He was sentenced alongside former acting head of the Land Bank Philemon Mohlahlane and attorney Dinga Rammy Nkwashu.
The Money Show’s Bruce Whitfield interviews Marais, a quantum biology researcher with dreams to live on Mars.
702/CapeTalk listeners share stories of having been violently harassed by taxi drivers and feel the government needs to act on it.
Eskom has so much debt it threatens to break South Africa. Bruce Whitfield interviews Dr Adrian Saville of Cannon Asset Managers.
Ipid boss Robert McBride is expected to implicate 30 high profile individuals including Members of Parliament in his testimony.
Litigation will follow, says Minister Gordhan. Business Day’s Carol Paton on his inquiry into the failing Medupi and Kusile.
The Money Show’s Bruce Whitfield interviews Stephen Larkin, CEO at Africa New Energies.