Dictionary

robo-advisor en · NOUN

Etymology

From robo- + advisor.

Meanings

1. (neologism) An automated investment manager.
   • The flow of funds into robo-adviser accounts is expected to accelerate because of new federal regulations, which require all financial professionals to put their customers’ interests first, at least when providing advice on their tax-advantaged retirement accounts. 2016 April 29, Tara Siegel Bernard, “The Pros and Cons of Using a Robot as an Investment Adviser”, in The New York Times, →ISSN:
   • He suggested using Betterment, a roboadviser that automates the investing process with long-term portfolios. 2021 April 28, Tara Siegel Bernard, “Trading Stock Tips on TikTok, Newbies Are Deeply Invested in Learning”, in The New York Times, →ISSN:

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