An intelligent robot on display attracts visitors at an industry expo in Beijing. [Wang Zhuangfei/China Daily]

In addition, the booming mobile internet industry will help promote robo advisers to a wider base of investors sooner than later.

"We are now talking about smart solutions and automated services almost in every traditional sector, such as furniture, automobiles and aircraft industries. The wealth management sector will not be an exception (to this trend). It will also introduce smart solutions and technologies in the near future," Wang said.

According to Wang, ToumiRA currently operates using US dollars, with financial products covering developed countries, emerging economies, and the Asia-Pacific region.

"We will soon launch services, allowing use of domestic currency in asset allocations," Wang said.