Robo-Advisor with Python

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

Key Features

• Learn about the use-cases, workflow and features that make up Robo-advisors
• Learn how to build core Robo-advisor capabilities for goals, risk questions, portfolios, projections
• Understand how to operate the automated processes of a Robo-advisor once built and deployed

Book Description

Robo-advisors are becoming table stakes for the wealth management industry across all segments from retail to high-net-worth investors. Robo-advisors enable individuals to manage their own portfolios and financial institutions to create automated platforms to manage portfolios digitally

This book is your hands-on guide to understand how Robo-advisors work, and how to build one. The book will give you a comprehensive understanding of what Robo-advisors do and how they are structured with an end-to-end workflow. You will learn about key decisions relating to building a Robo-advisor, and considerations on building vs. licensing a platform. Later on in the book you will procced to build all core Robo-advisor capabilities using Python, starting from Goals, Risk Questionnaires, Portfolios, and Projections. We will also look at transactions to open accounts and create orders. Finally, we will implement capabilities for operating a Robo-advisor including performance reporting, rebalancing, and more

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

What you will learn

• Comprehend what Robo-advisers do and why they exist
• Create a workflow to enable a Robo-Advisor from the bottom up
• Build and license Robo-advisors using different approaches
• Build Robo-advisor features for Goals, Projections, Portfolios and more
• Open and fund accounts, complete KYC, and manage orders
• Operate a Robo-advisor with P&L, fee management, and regulations

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 who are interested in building their own Robo-advisor to manage personal investments or build a platform for their business to operate, as well as product managers and business leaders within financial services looking to lease, buy, or build a Robo-advisor

Table of Contents

1. Introduction to Robo-advisors
2. What makes up a Roboadvisor?
3. Robo-advisor Platforms vs. Algorithms
4. Lease, buy, or build your own Robo-advisor?
5. Basic Setup and Requirements to Build a Robo-advisor
6. Goal-based Investing
7. Risk Profiling and Scoring
8. Model Portfolio Construction
9. Investment Projections
10. Account Opening and KYC
11. Funding your Account
12. Order Management and Execution
13. Performance Reporting
14. Rebalancing and Tax Loss Harvesting
15. Dividends and Fee Managemen
16. Regulations for Robo-advisors