What is online wealth management?

Online wealth management, often referred to as robo-advisory services, is a digital platform that automates and streamlines the process of managing investments and financial assets. It utilizes algorithms and technology to offer personalized investment strategies and financial advice to clients based on their financial goals, risk tolerance, and other relevant factors. Clients typically provide information through an online interface, and the platform uses this data to create and manage a diversified portfolio of investments, which may include stocks, bonds, and ETFs. Online wealth management services aim to provide cost-effective, accessible, and convenient investment solutions for individuals seeking to grow and manage their wealth with minimal human intervention.

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