Meaning of robo-advisor | Babel Free

Definitions

An automated investment manager.

neologism

Examples

“The flow of funds into robo-adviser accounts is expected to accelerate because of new federal regulations, which require all financial professionals to put their customers’ interests first, at least when providing advice on their tax-advantaged retirement accounts.”

“He suggested using Betterment, a roboadviser that automates the investing process with long-term portfolios.”

CEFR level