The financial industry is facing the biggest upheaval in its existence: the digital revolution. Artificial intelligence, the robot advisors, can take over ever larger parts of financial advice. Technology companies ("fintechs") are poised to take over the industry. This book examines how far along the robot advisors are and what banks, insurance companies and independent advisors need to do now. Those who don't wake up now will be ousted. Christian Rieck is a professor of finance and works with the Zukunftsinstitut. He has been researching the future of the financial industry for many years, and as a sought-after speaker, he electrifies the industry with his theses. He was one of the first to correctly predict the digital transformation in the financial industry.