Harnessing Machine Learning in Robo-Advisors: Enhancing Investment Strategies and Risk Management

Abstract

Robo-advisors and automated trading systems have revolutionized the financial industry by leveraging advanced algorithms and artificial intelligence to provide efficient, cost-effective, and personalized investment solutions. This paper explores the development, functionality, and impact of these technologies on the financial markets, investment strategies, and investor behavior. By examining the benefits, challenges, and future prospects, we aim to provide a comprehensive understanding of how robo-advisors and automated trading systems are reshaping the financial landscape.