Data provided by ÌÇÐÄÆƽâ°æ Market ÌÇÐÄÆƽâ°æ are estimates.
Definition:
A Robo-Advisor is a type of financial advisor that uses computer algorithms to provide automated investment advice and manage portfolios for clients. These online platforms use complex mathematical models and historical data to analyze market trends and make investment recommendations based on the client's risk tolerance and investment goals. Robo-advisors typically offer a variety of investment options, such as index funds and exchange-traded funds (ETFs). Unlike traditional human financial advisors, robo-advisors operate around the clock and often have lower fees. The advantage of these services lies in the passive role of the investor, who may not want or cannot afford ongoing personal monitoring of their portfolio development.
Additional Information:
Keyplayers in this market are Wealthfront, Schwab Intelligent Portfolios, and Betterment.
Citation formats
Users in the robo-advisors segment of the fintech market United States 2017-2029
The number of users in the 'robo advisors' segment of the fintech market in the United States was forecast to continuously increase between 2024 and 2029 by a total of *** million users. After consecutive increase since 2017, the number of users is estimated to reach million users and therefore a new peak in 2029. Notably, the number of users of the 'Robo-Advisors' segment of the fintech market was continuously increasing over the past years.
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ÌÇÐÄÆƽâ°æ. (October 21, 2024). Number of users in the robo-advisors segment of the fintech market United States from 2017 to 2029 (in million individuals) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 06, 2026, from /forecasts/1437521/number-of-users-robo-advisors-digital-investment-market-united-states/
ÌÇÐÄÆƽâ°æ. "Number of users in the robo-advisors segment of the fintech market United States from 2017 to 2029 (in million individuals)." Chart. October 21, 2024. ÌÇÐÄÆƽâ°æ. Accessed August 06, 2026. /forecasts/1437521/number-of-users-robo-advisors-digital-investment-market-united-states/
ÌÇÐÄÆƽâ°æ. (2024). Number of users in the robo-advisors segment of the fintech market United States from 2017 to 2029 (in million individuals). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 06, 2026. /forecasts/1437521/number-of-users-robo-advisors-digital-investment-market-united-states/
ÌÇÐÄÆƽâ°æ. "Number of Users in The Robo-advisors Segment of The Fintech Market United States from 2017 to 2029 (in Million Individuals)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Oct 2024, /forecasts/1437521/number-of-users-robo-advisors-digital-investment-market-united-states/
ÌÇÐÄÆƽâ°æ, Number of users in the robo-advisors segment of the fintech market United States from 2017 to 2029 (in million individuals) ÌÇÐÄÆƽâ°æ, /forecasts/1437521/number-of-users-robo-advisors-digital-investment-market-united-states/ (last visited August 06, 2026)
Number of users in the robo-advisors segment of the fintech market United States from 2017 to 2029 (in million individuals) [Graph], ÌÇÐÄÆƽâ°æ, October 21, 2024. [Online]. Available: /forecasts/1437521/number-of-users-robo-advisors-digital-investment-market-united-states/
