Kim, Seongsu David; Cotwright, Marty; Chatterjee, Swarn - In: Journal of Finance Issues 18 (2019) 2, pp. 33-50
The purpose of this study is to explore the demand for robo-advising services by analyzing the participants’ behavioral characteristics and investment patterns. With the 2015 Financial Industry Regulatory Authority Investor data, we found that robo-advisor users were younger investors with...