Saxo Markets Australia CEO Adam Smith reflects on the rise of do-it-yourself investors and the part technology plays in providing financial advice.

Mr Smith discussed the growing trend of brokers and advisors leaving the market.

“The number of people coming into the industry now is at decade lows,” he told Sky News Australia.

“Clearly it has become a less attractive employment opportunity for people but at a time when wealth creation is growing, more and more people are sitting on larger amounts of money and absolutely looking for advice.”

In partnership with Saxo Capital Markets.