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could your investment advisor be a robot advisor ?
with the increased use of artificial intelligence , even the investment advisors are getting into it
you feed in the generic details – age , income ,risk factor into a computer program or a phone app and the program creates a personalized portfolio for you
but is it for everyone ?
right now , it is being used for clients with lesser incomes to manage , are who are younger and those who don’t require a personalized investment advisor