Article preview: Robo-advice refers to the use of technology systems to deliver financial advice. It’s been a growing buzz-word in the financial services profession in recent years, with a rising expectation that machines will replace man at some distant point in the future. After all, a computer algorithm isn’t subject to the same human biases, which can result in flawed traditional financial advice. But robo-adviser solutions have been slow to emerge. Those that exist today are better described as online product sellers than financial advisers or even financial planners.
Don’t ditch the human financial adviser
This 389-word blog post looks at new research which suggests investors prefer to deal with a human in respect of many aspects of their financial planning. Written on 25th September 2019.
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