Robo-Advisors Market an Objective Assessment of the Trajectory of the Market
Robo advisors are financial adviser class that offers portfolio management or financial advice online with least intervention of human. They offers digital financial advice depending on mathematical algorithms or rules. The algorithms are executed by software and hence financial advice essentially do not require any human advisors. Moreover, the software uses the algorithms to automatically manage, allocate and optimize client's assets. In 2008, the robo advisors emerged with higher acceleration in U.S. and later in 2011 in other countries.
View full press release