robo-advisor

noun

robo-advisor

noun

Etymology From robo- + advisor.

1

Business, Finance Neologism An automated investment manager.

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

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.