A Concise Review for Exploring Behaviors To Embrace Investment Robo-advisors

In response to the COVID-19 pandemic, the advancement of automated services in the financial technology (Fin-tech) sector has undeniably sped up tremendously. At the same time, the instability of the financial market and inflation have influenced specific groups of potential and existing investors to reconsider investment choices and re-manage their financial planning. In addition, a few studies are investigating the financial literacy, digital literacy, information literacy towards intention to use Robo-advisors. For this reason, this paper aims to provide a concise review on the behaviors towards investment robo-advisors which includes discussions on Fin-tech, types of robo-advisors, history, features, and technological perspectives. This paper can assist the system developers in various industries.