Number of Robo-Advisor Firms Decreases, FSC: Asset Scale Continues to Grow
Taiwan's Financial Supervisory Commission (FSC) reported a decrease in the number of Robo-Advisor firms from 18 in February 2024 to 16 in February 2026. However, client numbers and assets under management (AUM) for automated investment services have continuously grown, reaching 241,967 clients and NT$16.139 billion in AUM by February 2026. The FSC noted that while growth is steady rather than explosive due to regular fixed-amount investments, AUM alone is not the sole evaluation metric. Banks currently dominate the market, with Cathay United Bank holding the largest share at NT$3.203 billion.
📋 Article Processing Timeline
- 📰 Published: April 10, 2026 at 21:51
- 🔍 Collected: April 11, 2026 at 00:17 (2h 26m after Published)
- 🤖 AI Analyzed: April 15, 2026 at 19:01 (114h 43m after Collected)
Automated investment advisory services (Robo-Advisor), also known as 'robot wealth management' or 'smart investment advisory,' refer to advisory services that apply AI and big data analysis to provide clients with investment and wealth management advice, interacting with clients online with little to no human intervention. Domestic firms began offering automated investment advisory services in January 2018.
Observing the changes in Robo-Advisor scale, client numbers grew from 21,000 and assets under management (AUM) of NT$570 million at the end of 2018, steadily increasing to 235,000 clients and NT$15.658 billion in AUM by the end of 2025. However, a closer look at the statistics for the past three years shows that the number of Robo-Advisor firms decreased from 18 in February 2024 to 17 in February 2025, and further to 16 in February 2026.
Wang Hsiu-ling, Chief Secretary of the Securities and Futures Bureau of the FSC, pointed out that although the number of Robo-Advisor firms has decreased in the past three years, client numbers and AUM have continued to grow, from 182,403 clients and NT$7.855 billion in February 2024 to 241,967 clients and NT$16.139 billion in February 2026. Business regulations are also continuously being reviewed, and one firm is currently applying, with the association under review.
According to FSC data, institutions offering Robo-Advisor services include banks, investment trust companies, and investment consulting firms. However, observing the scale of the largest firms in each category, banks clearly have a higher market share.
Cathay United Bank's Robo-Advisor AUM firmly holds the top position at NT$3.203 billion, with a market share of 19.84%. Alpha Investment Consulting, the top investment consulting firm, has an AUM of approximately NT$1.738 billion and a market share of 10.77%. Fuh Hwa Investment Trust, the top investment trust firm, has NT$993 million in AUM and a market share of 6.15%.
An official from the Securities and Futures Bureau explained that in terms of distribution channels, this is mainly due to banks having more clients compared to investment trust and investment consulting firms. The media asked if the FSC was satisfied with the performance of Robo-Advisor businesses, which have developed for nearly 10 years with an AUM of only NT$16.1 billion. The official explained that most Robo-Advisor investments are made through regular fixed-amount investments, so while AUM continues to grow, it is a gradual accumulation rather than explosive growth. Therefore, AUM is not the only evaluation indicator; the hope is to provide diverse development models for the industry. (Edited by Yang Lan-hsuan) 1150410
Observing the changes in Robo-Advisor scale, client numbers grew from 21,000 and assets under management (AUM) of NT$570 million at the end of 2018, steadily increasing to 235,000 clients and NT$15.658 billion in AUM by the end of 2025. However, a closer look at the statistics for the past three years shows that the number of Robo-Advisor firms decreased from 18 in February 2024 to 17 in February 2025, and further to 16 in February 2026.
Wang Hsiu-ling, Chief Secretary of the Securities and Futures Bureau of the FSC, pointed out that although the number of Robo-Advisor firms has decreased in the past three years, client numbers and AUM have continued to grow, from 182,403 clients and NT$7.855 billion in February 2024 to 241,967 clients and NT$16.139 billion in February 2026. Business regulations are also continuously being reviewed, and one firm is currently applying, with the association under review.
According to FSC data, institutions offering Robo-Advisor services include banks, investment trust companies, and investment consulting firms. However, observing the scale of the largest firms in each category, banks clearly have a higher market share.
Cathay United Bank's Robo-Advisor AUM firmly holds the top position at NT$3.203 billion, with a market share of 19.84%. Alpha Investment Consulting, the top investment consulting firm, has an AUM of approximately NT$1.738 billion and a market share of 10.77%. Fuh Hwa Investment Trust, the top investment trust firm, has NT$993 million in AUM and a market share of 6.15%.
An official from the Securities and Futures Bureau explained that in terms of distribution channels, this is mainly due to banks having more clients compared to investment trust and investment consulting firms. The media asked if the FSC was satisfied with the performance of Robo-Advisor businesses, which have developed for nearly 10 years with an AUM of only NT$16.1 billion. The official explained that most Robo-Advisor investments are made through regular fixed-amount investments, so while AUM continues to grow, it is a gradual accumulation rather than explosive growth. Therefore, AUM is not the only evaluation indicator; the hope is to provide diverse development models for the industry. (Edited by Yang Lan-hsuan) 1150410
FAQ
How has the number of Robo-Advisor firms changed?
It decreased from 18 firms in February 2024 to 16 firms in February 2026.
What is the asset scale of Robo-Advisors?
As of February 2026, it reached NT$16.139 billion.