Short Paper: Can Robo-Advisors Replace Traditional Advisors?

Loading...
Thumbnail Image

Date

2021-02-18

Journal Title

Journal ISSN

Volume Title

Repository Usage Stats

353
views
820
downloads

Abstract

Investment management was once an exclusivity that was only offered to the wealthy by human advisors. However, robo advisors are now offering low cost, readily accessible, fully automated services to a wider spectrum of users to manage their portfolios. The objective of this paper is to provide an insight on the differences between human and robo advisors, the advantages and trade offs in each advisor type, and the issues faced that are both common and yet unique to each. The author's analysis of robo advisors versus human advisors was conducted with reference to the following paper: "The Economics of Complex Decision Making: The Emergence of the Robo Adviser", published in August 2017.

Department

Description

Provenance

Citation

Citation

Wong, Eugene Lu Xian (2021). Short Paper: Can Robo-Advisors Replace Traditional Advisors?. Retrieved from https://hdl.handle.net/10161/22393.


Material is made available in this collection at the direction of authors according to their understanding of their rights in that material. You may download and use these materials in any manner not prohibited by copyright or other applicable law.