robo-advisors
Digital wealth managers
Robo-advisors are automated investment platforms that use algorithms to manage portfolios with minimal human oversight.
They typically assess a client's risk tolerance and goals through questionnaires, then allocate funds across diversified investments: I put my retirement savings with a robo-advisor because the fees are lower than a traditional financial planner.
The term emphasizes the contrast with human advisors.
Finite problem-solving procedure
- automationSelf-operating system design
- artificial intelligenceMachines mimicking human thought
- machine learningAlgorithms that improve from data
- softwarePrograms directing computer operations
platform · digital · fintech · API · chatbot · dashboard · mobile app · data analytics
Collected works or assets
- asset allocationDistributing investments strategically
- diversificationExpanding into varied areas
- ETFTradable pooled investment vehicle
- index fundInvestment matching market benchmark
rebalancing · returns · risk tolerance · stocks · bonds · dollar-cost averaging · retirement account · IRA
Agent bound by loyalty
- SECStock market regulator
- complianceAdhering to requirements
- suitabilityState of being apt
- disclosureAct of revealing information
registration · investment adviser · FINRA · cybersecurity · data privacy · consumer protection · licensing · audit
Requiring little money
- management feeCost for professional oversight
- minimum investmentLowest amount to participate
- flat feeUnchanging service charge
- no-loadWithout purchase commission
subscription model · basis points · cost efficiency · democratization
algorithm
Finite problem-solving procedure
- automationSelf-operating system design
- artificial intelligenceMachines mimicking human thought
- machine learningAlgorithms that improve from data
software · platform · digital · fintech · API · chatbot · dashboard · mobile app · data analytics · cloud computing
portfolio
Collected works or assets
- asset allocationDistributing investments strategically
- diversificationExpanding into varied areas
- ETFTradable pooled investment vehicle
index fund · rebalancing · returns · risk tolerance · stocks · bonds · dollar-cost averaging · retirement account · IRA · 401k
fiduciary
Agent bound by loyalty
- SECStock market regulator
- complianceAdhering to requirements
- suitabilityState of being apt
disclosure · registration · investment adviser · FINRA · cybersecurity · data privacy · consumer protection · licensing · audit · client agreement
low-cost
Requiring little money
- management feeCost for professional oversight
- minimum investmentLowest amount to participate
- flat feeUnchanging service charge
no-load · subscription model · basis points · cost efficiency · democratization
Titan
Mythic giant or moon
- financial planningfinancial planning, budget, financial plan, retirement plan, financial goals
- fintechfintech, mobile banking, digital wallet, mobile payment, digital wallets
- investingstocks, stock, bonds, investing, investor
- auto-investingdollar-cost averaging, set-and-forget
- financebank, CFO, banks, controller, finance
- digital economye-commerce, digital payments, online shopping, digital marketplace, digital markets
robo-advisorswealth managers
Advisors for the affluent
financial planners · stockbrokers · financial consultants · portfolio managers
robot, advise, advisor, robotic, advisory, robotics, advisement, advisedly, robocall