Robo-advisors provide automated investment advice ^85%

Truth rate: 85%

Pros: 7
Cons: 3

Pros: 7

Cons: 3
⬆

Robo-advisors offer automated investment services ^80%

Impact:

+100

Portfolio diversification is recommended ^31%

Impact:

+100

Online investment platforms use algorithms to advise clients ^77%

Impact:

+80

Robo-investing uses algorithmic trading strategies ^77%

Impact:

+70

Fees for investment advice are lower ^80%

Impact:

+50

Robo-advisors rely on algorithms prone to errors ^49%

Impact:

+50

Robo-advisors provide poor customer service ^41%

Impact:

+50

Cons: 3

Pros: 7
⬆

Many robo-advisors offer limited investment options ^69%

Impact:

-50

Some robo-advisor platforms charge high fees ^30%

Impact:

-50

Automated advice may not consider clients' goals ^62%

Impact:

0

Refs: 0

Info:

Created by: Ezekiel Domingo
Created at: Sept. 27, 2024, 9:07 p.m.
ID: 10814

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