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
Characteristic
Complete distrust
Distrust
Neutral
Trust
Completly trust
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
CFA Institute. (April 18, 2022). Level of investor trust in robo-advisors in 2021, by investor age group [Graph]. In Statista. Retrieved July 03, 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 July 03, 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: July 03, 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 July 03, 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/