Despite the growing importance of technology tools in the investment sector, retail investors worldwide still had a higher trust in human advisers than robo-advisors in 2021. In total, more than 70 percent stated having more trust in human advisors, while only six percent stated having more trust in robo-advisors. The highest trust for robo-advisors among retail investors was found in China, where 20 percent of retail investors stated robo-advisors to be the preferred source of trusted advice.
Retail investors' preference of humans versus robo-advisor for advice worldwide in 2021, by country or territory
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Other statistics that may interest you Investment behavior worldwide
Overview
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Expectations
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Source of advice
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Investment type
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Responsible investing
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Technology use
6
- Premium Statistic Preference of humans vs. robo-advisors for retail investment advice worldwide 2021
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- Venture capital quarterly investments in Europe 2008 to 2014
- Assets of superannuation funds Australia Q1 2016-Q4 2023
- Leading UITF balanced funds Philippines 2022
- Household net investments in funds, bonds and equities in the U.S. 2006 - 2015
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- Leading long-term investments in the U.S. 2018, by income
- Leading "UK equity income" investment funds in 2015, by 3 year return on investment
- Europe: sustainable investment assets 2014-2020
- Insurance corporations' assets as GDP ratio in Italy 2010-2018
- UK occupational pension scheme assets managed in the United Kingdom1993, 2003 & 2013
- Leading "sterling corporate bonds" funds in 2015, by 3 year return on investment
- Socially responsible investments (SRI): market share in Poland 2015-2017
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- Investment: Total assets managed in the United Kingdom (UK) 1993, 2003 and 2013
- Assets value on the European responsible investing market 2014-2018, by category
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- Foreign financial investments in China 2010
- Effect of tax regimes on investment decisions in Malaysia 2017
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Statistics
- Venture capital quarterly investments in Europe 2008 to 2014
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- Leading UITF balanced funds Philippines 2022
- Household net investments in funds, bonds and equities in the U.S. 2006 - 2015
- Net assets in sustainable funds in Europe 2020, by country
- Leading long-term investments in the U.S. 2018, by income
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- Europe: sustainable investment assets 2014-2020
- Insurance corporations' assets as GDP ratio in Italy 2010-2018
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- Leading "sterling corporate bonds" funds in 2015, by 3 year return on investment
- Socially responsible investments (SRI): market share in Poland 2015-2017
- Leading "all UK companies" investment funds in 2015, by 3 year return on investment
- Investment: Total assets managed in the United Kingdom (UK) 1993, 2003 and 2013
- Assets value on the European responsible investing market 2014-2018, by category
- UK insurance investment: unit trusts 2007-2014
- Average daily trading value of stocks on the TSE First Section 2013-2022
- Foreign financial investments in China 2010
- Effect of tax regimes on investment decisions in Malaysia 2017
CFA Institute. (April 18, 2022). Retail investors' preference of humans versus robo-advisor for advice worldwide in 2021, by country or territory [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1228562/humans-vs-robo-advisers-for-retail-investment-advice-worldwide/
CFA Institute. "Retail investors' preference of humans versus robo-advisor for advice worldwide in 2021, by country or territory." Chart. April 18, 2022. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1228562/humans-vs-robo-advisers-for-retail-investment-advice-worldwide/
CFA Institute. (2022). Retail investors' preference of humans versus robo-advisor for advice worldwide in 2021, by country or territory. Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1228562/humans-vs-robo-advisers-for-retail-investment-advice-worldwide/
CFA Institute. "Retail Investors' Preference of Humans versus Robo-advisor for Advice Worldwide in 2021, by Country or Territory." Statista, Statista Inc., 18 Apr 2022, https://www.statista.com/statistics/1228562/humans-vs-robo-advisers-for-retail-investment-advice-worldwide/
CFA Institute, Retail investors' preference of humans versus robo-advisor for advice worldwide in 2021, by country or territory Statista, https://www.statista.com/statistics/1228562/humans-vs-robo-advisers-for-retail-investment-advice-worldwide/ (last visited June 10, 2024)
Retail investors' preference of humans versus robo-advisor for advice worldwide in 2021, by country or territory [Graph], CFA Institute, April 18, 2022. [Online]. Available: https://www.statista.com/statistics/1228562/humans-vs-robo-advisers-for-retail-investment-advice-worldwide/