Revolut has launched a robo-advisor in the US, allowing customers to automate their investment portfolios. It offers five diversified portfolios based on risk tolerance, automatically invests and manages customer deposits, and rebalances portfolios to match risk preferences.
Facts
- Revolut has introduced a robo-advisor in the US, enabling customers to automate their investment portfolios.
- The robo-advisor offers five diversified portfolios based on customer risk tolerance.
- Once customers deposit money into their portfolios, the robo-advisor automatically invests it in the market.
- The robo-advisor continuously monitors and manages the portfolios, ensuring they stay aligned with the customer’s risk tolerance.
- It also performs automatic portfolio rebalancing to maintain the desired risk level.
- Jack Callahan, US Head of Wealth and Trading at Revolut emphasizes that the robo-advisor aims to make investing more accessible and stress-free for customers.
- The automated investing service enables customers to make their money work for them in a tailored manner.
