Automated Investing: Revolut Introduces Robo-Advisor Services in the EEA

Thursday, 22/02/2024 | 13:52 GMT by Tareq Sikder
  • With a 100 Euro minimum investment, Revolut is expanding investing opportunity.
  • Clients customize their investment parameters for the Robo-Advisor to construct a tailored portfolio.
revolut card

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.

Automated Investing with Robo-Advisor

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.

Automated Investing with Robo-Advisor

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.

About the Author: Tareq Sikder
Tareq Sikder
  • 1180 Articles
  • 15 Followers
About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 1180 Articles
  • 15 Followers

More from the Author

FinTech

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}