Perception of Investors on Robo Advisory Services

Most investors have lost money in the stock markets as they depend on aggressive wealth management consultants or basing their decisions on news reports and the counsel of friends and family. These flaws are, however, rapidly being remedied by using Robo Advisory services than the traditional method. By using automated financial planning, Robo advisers place an emphasis on user usage and address the behavioral components of financing investments that might lead investors to be deficient in meeting up their financial goals. These programmable robots will thereby reduce the possibility of prejudicial and inaccuracy. These Robo Advisory services are also gaining ground in the financial industry in India. The survey method is used to gather the main data for this paper. This study examines how investors Perceive robotic advising services.