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2 cards from this section. Quick, good the night before a test.
What is a robo-advisor?
Think of it as a computerized version of a financial advisor.
Name one benefit of using a robo-advisor.
Consider why someone might prefer automated services.
What technology do robo-advisors primarily use to offer their services?
Think about the role of technology in their operation.
True or False: Robo-advisors require high minimum investments.
Consider who can afford to use these services.
Critically analyze the potential drawbacks of relying entirely on a robo-advisor for investment management.
Think about the benefits that humans bring to investment advisory services.
Propose a comprehensive marketing strategy to promote the benefits of robo-advisors to first-time investors.
Consider ways to reach new investors effectively.
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