I have recently written a post on new research that shows that investors are perfectly willing to adopt robo-advisors over human advisors. This willingness to adopt robo-advisors seems largely driven by the expectation that algorithms are more objective and should deliver higher returns. My caveat, though, was that the study had been done with students at a university and the average age of the participants was 22.8 years.
The future of robo-advisors, part 2
The future of robo-advisors, part 2
The future of robo-advisors, part 2
I have recently written a post on new research that shows that investors are perfectly willing to adopt robo-advisors over human advisors. This willingness to adopt robo-advisors seems largely driven by the expectation that algorithms are more objective and should deliver higher returns. My caveat, though, was that the study had been done with students at a university and the average age of the participants was 22.8 years.