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Basic Question 4 of 5
Which statement is true regarding robo-advisers?
B. Most robo-advisers take an active investment approach because they can process big data in a timely manner.
C. A robo-adviser offers investment services for fees that are often less than what a human advisor would charge.
A. As no human advisors are involved, fully-automated robo-advisers are not regulated in the U.S.
B. Most robo-advisers take an active investment approach because they can process big data in a timely manner.
C. A robo-adviser offers investment services for fees that are often less than what a human advisor would charge.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe applications of Big Data and Data Science to investment management
CFA® 2025 Level I Curriculum, Volume 1, Module 11.