INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Robo advisers have emerged as a disruptive force in the wealth management industry, providing customers with
algorithmic financial planning and investing services. This abstract examines the history of robo advisers, their influence on traditional wealth management techniques. The emergence of robo advisers can be linked to their capacity to democratise financial advice by making investment options more accessible and inexpensive to a larger audience. These digital platforms use complex algorithms and artificial intelligence to analyse customer data, determine risk profiles, and offer personalised investment portfolios.
By removing the need for human middlemen and delivering low-cost alternatives, robo advisers have drastically reduced the barriers to entry for investors, particularly millennials.
Keywords:
Robo advisers, Wealth Management, Alogorithm, Financial plan
Cite Article:
"A study on robo-advisors and future of wealth management", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 4, page no.e290-e301, April-2024, Available :http://www.ijnrd.org/papers/IJNRD2404432.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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