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From virtual meetings and parties to shopping and dating online, people have en masse moved countless aspects of their lives into the virtual sphere due to restrictions imposed by the ongoing global Covid-19 pandemic. Financial matters and investments are no different in this regard, as illustrated by a marked increase in retail participation in financial markets and a shift over the last 20 months towards FinTech investment solutions such as Robo Advisors and online brokerage platforms.
This new reality underscores the growing importance of investor advice to ensure individual investors make informed and appropriate choices. Enter robo-advisors… online platforms that offer a simplified and often cheaper way of investing in capital markets and provide informative tools that allow investors to better understand the investment process and related costs and risks.
- Read the full press release below.
- Read the 2021 Report: "Are Robo-advisors sufficiently intelligent to provide suitable advice to individual investors?"
