Survey participants were asked to state the level of trust they have for robo-advisors, respondents aged 25 to 34 years old noted the highest levels of complete trust. Participants aged 35 to 44 years old followed closely as almost half of participants noted some level of trust towards robo-advisors. Participants from higher age groups noted lower levels of trust. The combined level of complete trust noted by participants aged 55 to over 65 was three percent.
Level of investor trust in robo-advisors in 2021, by investor age group
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CFA Institute. (April 18, 2022). Level of investor trust in robo-advisors in 2021, by investor age group [Graph]. In Statista. Retrieved April 24, 2024, from https://www.statista.com/statistics/1253921/investor-trust-in-robo-advisors/
CFA Institute. "Level of investor trust in robo-advisors in 2021, by investor age group." Chart. April 18, 2022. Statista. Accessed April 24, 2024. https://www.statista.com/statistics/1253921/investor-trust-in-robo-advisors/
CFA Institute. (2022). Level of investor trust in robo-advisors in 2021, by investor age group. Statista. Statista Inc.. Accessed: April 24, 2024. https://www.statista.com/statistics/1253921/investor-trust-in-robo-advisors/
CFA Institute. "Level of Investor Trust in Robo-advisors in 2021, by Investor Age Group." Statista, Statista Inc., 18 Apr 2022, https://www.statista.com/statistics/1253921/investor-trust-in-robo-advisors/
CFA Institute, Level of investor trust in robo-advisors in 2021, by investor age group Statista, https://www.statista.com/statistics/1253921/investor-trust-in-robo-advisors/ (last visited April 24, 2024)
Level of investor trust in robo-advisors in 2021, by investor age group [Graph], CFA Institute, April 18, 2022. [Online]. Available: https://www.statista.com/statistics/1253921/investor-trust-in-robo-advisors/