Systematic Literature Review on Robo-Advisery Adoption towards Young People

Abstract

In the past two decades, numerous studies have focused on robo-advisers in financial technology. Robo-advisers involve automated financial advice for investors, tailoring portfolios based on risk tolerance and objectives, and automatic portfolio-monitoring and rebalancing. While robo-advisers have seen progress in adoption, there are still untapped potentials. This abstract presents a systematic literature review summarising the current state-of-the-art in robo-advisery adoption. By following a detailed, systematic literature-review methodology, the review provides valuable insights for practitioners, potential investors, and researchers seeking to identify areas for further investigation in robo-advisery adoption.