Working PaperPublished
Robo-Advice as a Corrective Mechanism for Portfolio Inefficiency
Robo-advice may create its clearest value by correcting concentration, weak diversification, cash drag, and inconsistent investor behavior rather than predicting markets.
- Authors
- Alireza Heidari
- Publication date
- July 30, 2026
- Topics
- Portfolio Management, Robo-Advisory, WealthTech
- Reading time
- 15 min read