Robo-advisory AUM surge 128% to nearly SAR 10B

Saudi banknote

Assets under management (AUM) through robo-advisory services offered by licensed fintech companies and capital market institutions in Saudi Arabia rose to SAR 9.9 billion at the end of Q2 2026, up 128% year on year (YoY).

Quarter on quarter (QoQ), AUM increased by around SAR 2.08 billion, or 26.6%.

The total number of investment portfolios managed through robo-advisory services surpassed one million for the first time, reaching 1.05 million at the end of Q2 2026. This marked a 161% annual increase and an 80% rise from the previous quarter.

Average AUM per investment portfolio stood at around SAR 9,500 at the end of Q2 2026.

The data also showed accelerated growth in robo-advisory services over the past two years, with AUM increasing more than 34-fold from early 2023.

Robo-advisory services refer to the use of algorithms and modern financial technologies by licensed fintech companies and capital market institutions to manage client investments according to predefined strategies, with little or no human intervention.