Venue
Virtual

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Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.

Event Date Tue Jul 18 CEST (over 1 year ago)
In your timezone (EST): Mon Jul 17 6:00pm - Mon Jul 17 6:00pm
Location Virtual
Region EMEA
Details

Would you trust a robot with your savings? Someone might say, "Of course, they are very accurate!" Someone might doubtfully say, "I don't believe in machines." Robo investing is a digital platform that provides automated, data-driven financial planning and investment services without human advisors and has grown in popularity over the past few years. It is an automated platform that provides automated, algorithm-based financial planning services with little or no human oversight. Robo-investors are designed to understand investor needs, recommend investment and allocation strategies, perform selected allocations, monitor results, and perform strategic portfolio rebalancing by providing efficiency by catering to a broader range of investors, including large investors. Part of the challenge for robot investing lies in the design of the platform, which limits customization to self-directed investors, while the accessibility of wealthy advisors is sufficient. It has yet to be tested in volatile markets, and its performance in times of profound disruption similar to the COVID-19 situation will be closely watched. The recent leap in AI technology has many financial advisors fearing that machines will take their place. The future of Robo-advisers appears promising, but the future of human advisors remains uncertain. Between 2020 and 2024, the number of controlled robots is expected to increase by 26% per year. According to forecasts, by 2024, the number of users will be 436,334,100. This summit will bring together well-known experts from major brands to educate the audience. Reserve your spot as soon as possible to witness this informative session.