The very mention of robo-advisors seems to strike fear in the heart of the financial services industry, and comes with a popular narrative that suggests these are actual robots that not only look like humans, but are here to take their jobs.
Related to this story
But a group of Ivey researchers has found that this is simply not true.
In a recent publication, the group aspires to define the role of digital technology or “robo-advisors” in financial planning and the framework for this “Next Gen Digital Advice.” Read the paper and share your feedback with digitalbankinglab@ivey.ca