Revolut Introduces Robo-Advisor Services in the EEA

Revolut Introduces Robo-Advisor Services in the EEA

Time Stamp: February 22, 2024 8:52 AM
Source Node: 2494523

Revolut has unveiled its latest innovation in the European
Economic Area (EEA): the Revolut Robo-Advisor service. This new offering aims
to streamline and automate the investment process, tailoring portfolios to
individual customer needs.

The Robo-Advisor service, designed for individuals with
limited time or trading experience, marks a step-in democratizing investment opportunity.
With a minimum starting investment of just 100 Euros, Revolut is making
investing more affordable and accessible to a broader audience.

Revolut‘s Robo-Advisor operates by allocating portfolios
based on customers’ personal circumstances, including their risk tolerance and
financial objectives. By answering a series of questions, clients can determine
their investment parameters, allowing the Robo-Advisor to construct a
diversified portfolio that aligns with their goals.

Rolandas Juteika, the Head of Wealth and Trading (EEA), said: “We
know that many of our customers do not have the time to manage a portfolio or
invest in individual securities. In fact, 53% of customers we surveyed last
year said they simply don’t know where to start when it comes to investing.
Built to make investing more accessible, we want to give our customers the
ability to make their money work for them in what we believe will be a tailored
and stress-free solution.”

Market Monitoring and Portfolio Adjustments

Once funds are deposited, the Robo-Advisor handles the
investment process, continuously monitoring market conditions and adjusting
portfolios accordingly. Moreover, customers have the option to set up recurring
transfers, starting from as low as EUR 10, further leveraging the power of
automation to steadily grow their investments over time.

Crucially, the Robo-Advisor employs automatic rebalancing
mechanisms to maintain portfolio integrity in response to market fluctuations.
Periodic reviews are conducted to align portfolios with customers’ risk
tolerances and target allocations, ensuring optimal performance and risk
management.

Revolut has unveiled its latest innovation in the European
Economic Area (EEA): the Revolut Robo-Advisor service. This new offering aims
to streamline and automate the investment process, tailoring portfolios to
individual customer needs.

The Robo-Advisor service, designed for individuals with
limited time or trading experience, marks a step-in democratizing investment opportunity.
With a minimum starting investment of just 100 Euros, Revolut is making
investing more affordable and accessible to a broader audience.

Revolut‘s Robo-Advisor operates by allocating portfolios
based on customers’ personal circumstances, including their risk tolerance and
financial objectives. By answering a series of questions, clients can determine
their investment parameters, allowing the Robo-Advisor to construct a
diversified portfolio that aligns with their goals.

Rolandas Juteika, the Head of Wealth and Trading (EEA), said: “We
know that many of our customers do not have the time to manage a portfolio or
invest in individual securities. In fact, 53% of customers we surveyed last
year said they simply don’t know where to start when it comes to investing.
Built to make investing more accessible, we want to give our customers the
ability to make their money work for them in what we believe will be a tailored
and stress-free solution.”

Market Monitoring and Portfolio Adjustments

Once funds are deposited, the Robo-Advisor handles the
investment process, continuously monitoring market conditions and adjusting
portfolios accordingly. Moreover, customers have the option to set up recurring
transfers, starting from as low as EUR 10, further leveraging the power of
automation to steadily grow their investments over time.

Crucially, the Robo-Advisor employs automatic rebalancing
mechanisms to maintain portfolio integrity in response to market fluctuations.
Periodic reviews are conducted to align portfolios with customers’ risk
tolerances and target allocations, ensuring optimal performance and risk
management.

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