A Robo-advisor is a class of financial adviser providing automated portfolio management online with minimal human intervention. A robo-advisor is an online wealth management service that provides automated, algorithm-based portfolio management advice without the use of human financial planners. Robo-advisors (or robo-advisers) usually only offer portfolio management and do not get involved in the more personal aspects of wealth management, such as taxes and retirement or estate planning. Automated investment services provided by a robo-advisor can take the pain and uncertainty out of investing by constructing a portfolio, investing in ETFs, rebalancing and reinvesting dividends, without human intervention.
investorseurope will be launching Robo-advisors as from Mid 2017.