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English
Etymology
From robo- + advisor.
Noun
robo-advisor (plural robo-advisors)
- (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, →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, →ISSN:He suggested using Betterment, a roboadviser that automates the investing process with long-term portfolios.
Further reading