Digital Wealth Management

From Open Risk Manual


Digital Wealth Management denotes one of the new Fintech financial services platforms (including robo-advisors), that use algorithms based on consumers’ data and risk preferences to provide digital services, including investment and financial advice, directly to consumers.

Digital wealth management platforms provide services including:

  • portfolio selection
  • asset allocation
  • banking and account aggregation, and
  • online risk assessments.

See Also