robo-advisor

English

Alternative forms

Etymology

From robo- +‎ advisor.

Noun

robo-advisor (plural robo-advisors)

  1. (finance, neologism) An automated investment manager.
    • 2016 April 29, Tara Siegel Bernard, “The Pros and Cons of Using a Robot as an Investment Adviser”, in The New York Times‎[1], →ISSN:
      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.
    • 2021 April 28, Tara Siegel Bernard, “Trading Stock Tips on TikTok, Newbies Are Deeply Invested in Learning”, in The New York Times‎[2], →ISSN:
      He suggested using Betterment, a roboadviser that automates the investing process with long-term portfolios.

Further reading

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