Systematic Literature Review on Robo-Advisery Adoption towards Young People

Suhaily Maizan Abdul Manaf; Md Khairu Amin  Ismail; Shahsuzan Zakaria

doi:10.21834/e-bpj.v8iSI15.5086

Authors

Suhaily Maizan Abdul Manaf Faculty of Business and Management, Universiti Teknologi MARA Cawangan Terengganu, Malaysia
Md Khairu Amin Ismail Faculty of Business and Management, Universiti Teknologi MARA Cawangan Kelantan, Malaysia
Shahsuzan Zakaria Faculty of Business and Management, Universiti Teknologi MARA Cawangan Selangor, Malaysia

DOI:

https://doi.org/10.21834/e-bpj.v8iSI15.5086

Keywords:

Robo-advisory , SLR, Adoption

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.

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