Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 4 of 5
Which statement is true regarding robo-advisers?
B. Most robo-advisers take an active investment approach because they can process big data in a timely manner.
C. A robo-adviser offers investment services for fees that are often less than what a human advisor would charge.
A. As no human advisors are involved, fully-automated robo-advisers are not regulated in the U.S.
B. Most robo-advisers take an active investment approach because they can process big data in a timely manner.
C. A robo-adviser offers investment services for fees that are often less than what a human advisor would charge.
User Contributed Comments 0
You need to log in first to add your comment.
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe applications of Big Data and Data Science to investment management
CFA® 2025 Level I Curriculum, Volume 1, Module 11.