Deutsche Bank launches robo-advisor for online investment platform

[Ulrich Rosenbaum]

What do you think about that?

Would you prefer the robo-avisor or the good old human advisor?

Would you invest your money because a robo-advisor told you what to buy?

Me personally - I won't.

Link to the article on Finextra

What is a robo-advisor? A definition:

DEFINITION of 'Robo-advisor (robo-adviser)'

A robo-advisor is an online wealth management service that provides automated, algorithm-based portfolio management advice without the use human financial planners. Robo-advisors (or robo-advisers) use the same software as traditional advisors, but usually only offer portfolio management and do not get involved in more personal aspects of wealth management, such as taxes and retirement or estate planning.