CFA Practice Question

There are 221 practice questions for this study session.

CFA Practice Question

Which type of investors is considered to be the most appropriate target of robo-advisors?
A. Millennials that value simple, transparent, low-cost services.
B. Extremely affluent investors.
C. Inexperienced investors in a time of market crisis.
Explanation: B: Such investors may need very sophisticated investor strategies that a robo advisor cannot provide.
C: in a time of market crisis, inexperienced investors will most often look to human expertise for guidance.

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