Digital Wealth Management
From Open Risk Manual
Revision as of 12:55, 16 September 2021 by Wiki admin (talk | contribs)
Definition
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.
