Revolut has introduced a robo-advisor in the United States, allowing consumers to have their investing portfolios automated.
Based on client feedback, the robo-advisor will provide users the option of investing in one of five diverse portfolios based on their risk tolerance. When a client deposits money into their portfolio, the adviser invests it automatically in the market and then monitors and manages it.
According to the business, the robo-advisor automatically rebalances the portfolio to keep in line with the customer’s risk tolerance.