UBS is to launch a robo advice in the UK before rolling it out across Europe.
The new service UBS SmartWealth is available to clients with a minimum of £15,000 to invest, the FT has reported.
The news follows an alliance UBS Americas struck in May with Sig Fig, a San Francisco based tech provider, to develop a robo service and adviser tools.
SmartWealth will go live in November with an advertising campaign after that.
Jamie Broderick, UBS head of UK wealth management, has expressed his enthusiasm for digital wealth management solutions but analysts have been less impressed by robo strategies a...
