Legal Issues: Robo-Advisors
, Most industries now days are moving to the era of fourth Industrial revolution
with the aid from Artificial Intelligence (AI). The financial sectors use AI
technology to boost sales, prevent fraud and even give financial advice to its
investors. The creation of Robo -advisor allows customers to get cheaper
investment advice and is client driven, whereby they tend to get the best
strategy that is suited for new and average investors. The use of robo-advisors
is still at a developing stage and as such faces plenty of legal Issues. This
report will focus on three major legal issues with relation to Robo-Advisors.
, Most industries now days are moving to the era of fourth Industrial revolution
with the aid from Artificial Intelligence (AI). The financial sectors use AI
technology to boost sales, prevent fraud and even give financial advice to its
investors. The creation of Robo -advisor allows customers to get cheaper
investment advice and is client driven, whereby they tend to get the best
strategy that is suited for new and average investors. The use of robo-advisors
is still at a developing stage and as such faces plenty of legal Issues. This
report will focus on three major legal issues with relation to Robo-Advisors.
