Hi folks and welcome to the Meaningful Money podcast. It's session number 125.

Rosie is our new robot made, George. Good evening, sir.

Ping, ping, this is the podcast dedicated to helping you put your finances in order.

My name is Pete Matthew, and I'm going to share with you everything you need to know and everything

you need to do to secure your financial future. I'm here to help you make sense of money.

Yes, I am.

Got into a bit of habit of saying yes i am at the end of that intro it's a bit weird must stop that next time okay uh there is a hot topic in advisor circles right now

whether or not you care about that is immaterial because it affects everybody i think or it

will do.

But this topic which is causing some consternation is the rise of the robo-advisor.

Now, what on earth is a robo-advisor?

What does it mean for the financial services industry?

And more importantly, as far as many of you listening are concerned,

what does it mean for you?

The man or woman on the street who's looking to

sort of develop their personal financial situation and maybe use online tools to do so.

Well, today I'm joined by fellow advisor Alistair Rush, who goes by the name of Al Rush,

is the coolest name in the world. I wish I was called Al Rush. Al is probably squirming as he's listening

back to this. But Al is just the man to help us understand this brave new world. Now, there's no

reviews this week. I normally read those out towards the end of the show because I'm batching

a load of episodes getting ahead for when I go on holiday. I'll actually be back and probably

marginally depressed when you listen to this. But I will be back and be sort of back to normal from next week onwards.

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