English | 2023 | ISBN: ‎ 1801819696 | 250 pages | True PDF EPUB | 14.46 MB

Build your own robo-advisor in Python to manage your investments and get up and running in no

Purchase of the print or Kindle book includes a free PDF eBook

Key Features

Explore the use cases, workflow, and features that make up robo-advisors

Learn how to build core robo-advisor capabilities for goals, risk questions, portfolios, and projections

Discover how to operate the automated processes of a built and deployed robo-advisor

Book Description

Robo-advisors are becoming table stakes for the wealth management industry across all snts, from retail to high-net-worth investors. Robo-advisors enable you to manage your own portfolios and financial institutions to create automated platforms for effective digital wealth management. This book is your hands-on guide to understanding how Robo-advisors work, and how to build one efficiently. The chapters are designed in a way to help you get a comprehensive grasp of what Robo-advisors do and how they are structured with an end-to-end workflow.

You’ll b by learning about the key decisions that influence the building of a Robo-advisor, along with considerations on building and licensing a platform. As you advance, you’ll find out how to build all the core capabilities of a Robo-advisor using Python, including goals, risk questionnaires, portfolios, and projections. The book also shows you how to create orders, as well as open accounts and perform KYC verification for transacting. Finally, you’ll be able to implement capabilities such as performance reporting and rebalancing for operating a Robo-advisor with ease.

By the end of this book, you’ll have gained a solid understanding of how Robo-advisors work and be well on your way to building one for yourself or your business.

What you will learn

Explore what Robo-advisors do and why they exist

Create a workflow to design and build a Robo-advisor from the bottom up

Build and license Robo-advisors using different approaches

Open and fund accounts, complete KYC verification, and manage orders

Build Robo-advisor features for goals, projections, portfolios, and more

Operate a Robo-advisor with P&L, rebalancing, and fee management

Who this book is for

If you are a finance professional or a data professional working in wealth management and are curious about how robo-advisors work, this book is for you. It will be helpful to have a basic understanding of Python and investing concepts. This is a great handbook for developers interested in building their own robo-advisor to manage personal investments or build a platform for their business to operate, as well as for product managers and business leaders in financial services looking to lease, buy, or build a robo-advisor.

Table of Contents

Introduction to Robo-Advisors

What Makes Up a Robo-Advisor?

Robo-Advisor Platforms versus Algorithms

Leasing, Buying, or Building Your Own Robo-Advisor?

Basic Setup and Requirements for Building a Robo-Advisor

Goal-Based Investing

Risk Profiling and Scoring

Model Portfolio Construction

Investment Projections

Account Opening and KYC

Funding Your Account

Order Management and Execution

Performance Reporting

Rebalancing

Dividends and Fee Management

Regulations for Robo-Advisors