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Robo-Advisors vs. Human Financial Advice by Vina Permata sari is a document available to read on EtoBox.

What is Robo-Advisors vs. Human Financial Advice about?

This document summarizes a journal article that investigates whether robo-advisors reduce demand for human financial advice. The study finds that robo-advisor use is strongly negatively correlated with seeking human financial advice. In particular, robo-advisors seem to substitute for human advice among investors who fear investment fraud. The document also provides demographic profiles of robo-advisor users versus non-users, finding that robo-advisor users tend to be younger, more risk-tolerant, and less f

Author

Vina Permata sari

Language

EN