Robo-advisors: A substitute for human financial advice?
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Behavioral and Experimental Finance"
DOI: 10.1016/j.jbef.2020.100275
Abstract: Using representative US investor data, we investigate whether automated financial advisors, also referred to as robo-advisors, reduce investors’ demand for human financial advice offered by financial service providers. Our results provide a strong negative relationship… read more here.
Keywords: robo advisors; advisors substitute; financial advice; advice ... See more keywords